Aperio Group LLC raised its stake in Ensco Plc (NYSE:ESV) by 17.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,493 shares of the offshore drilling services provider’s stock after buying an additional 31,378 shares during the period. Aperio Group LLC’s holdings in Ensco Plc were worth $1,071,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ESV. Dimensional Fund Advisors LP increased its position in shares of Ensco Plc by 39.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 819,148 shares of the offshore drilling services provider’s stock valued at $7,962,000 after buying an additional 231,190 shares during the last quarter. UBS Asset Management Americas Inc. increased its position in shares of Ensco Plc by 10.2% in the fourth quarter. UBS Asset Management Americas Inc. now owns 581,271 shares of the offshore drilling services provider’s stock valued at $5,650,000 after buying an additional 53,771 shares during the last quarter. Creative Planning increased its position in shares of Ensco Plc by 4.8% in the first quarter. Creative Planning now owns 13,135 shares of the offshore drilling services provider’s stock valued at $118,000 after buying an additional 601 shares during the last quarter. Bank of Montreal Can increased its position in shares of Ensco Plc by 114.2% in the first quarter. Bank of Montreal Can now owns 285,780 shares of the offshore drilling services provider’s stock valued at $2,558,000 after buying an additional 152,389 shares during the last quarter. Finally, Fox Run Management L.L.C. increased its position in shares of Ensco Plc by 14.0% in the first quarter. Fox Run Management L.L.C. now owns 20,300 shares of the offshore drilling services provider’s stock valued at $182,000 after buying an additional 2,500 shares during the last quarter. 88.94% of the stock is currently owned by institutional investors and hedge funds.

Shares of Ensco Plc (NYSE ESV) traded down 3.32% during mid-day trading on Wednesday, hitting $4.37. 6,824,490 shares of the company’s stock traded hands. The firm has a 50-day moving average of $5.16 and a 200 day moving average of $7.51. Ensco Plc has a 52 week low of $4.16 and a 52 week high of $12.04. The company has a market cap of $1.33 billion, a PE ratio of 27.31 and a beta of 1.64.

Ensco Plc (NYSE:ESV) last issued its quarterly earnings results on Thursday, July 27th. The offshore drilling services provider reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The company had revenue of $457.50 million for the quarter, compared to analyst estimates of $453.48 million. Ensco Plc had a net margin of 2.68% and a return on equity of 0.77%. Ensco Plc’s revenue was down 49.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.04 earnings per share. Equities research analysts predict that Ensco Plc will post ($0.37) EPS for the current year.

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ESV has been the topic of several recent analyst reports. Barclays PLC reissued a “sell” rating and issued a $8.00 target price on shares of Ensco Plc in a report on Thursday, April 27th. Jefferies Group LLC set a $9.00 target price on Ensco Plc and gave the stock a “hold” rating in a report on Wednesday, May 24th. Clarkson Capital raised Ensco Plc from a “neutral” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Tuesday, May 30th. Seaport Global Securities raised Ensco Plc from a “sell” rating to a “neutral” rating and set a $6.50 target price on the stock in a report on Wednesday, May 31st. Finally, BidaskClub raised Ensco Plc from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th. Six equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $9.64.

About Ensco Plc

Ensco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. Its segments include Floaters, Jackups and Other. The Floaters segment includes its drillships and semisubmersible rigs, and provides contract drilling.

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Institutional Ownership by Quarter for Ensco Plc (NYSE:ESV)

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