Raymond James Financial Services Advisors Inc. raised its position in shares of Ensco Plc (NYSE:ESV) by 46.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,031 shares of the offshore drilling services provider’s stock after buying an additional 10,493 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Ensco were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of Ensco by 170.3% during the second quarter. Dimensional Fund Advisors LP now owns 16,775,071 shares of the offshore drilling services provider’s stock valued at $86,564,000 after purchasing an additional 10,568,874 shares during the last quarter. Capital Guardian Trust Co. grew its stake in shares of Ensco by 189.3% during the second quarter. Capital Guardian Trust Co. now owns 10,637,145 shares of the offshore drilling services provider’s stock valued at $54,888,000 after purchasing an additional 6,960,500 shares during the last quarter. Capital International Investors grew its stake in shares of Ensco by 181.5% during the second quarter. Capital International Investors now owns 10,606,503 shares of the offshore drilling services provider’s stock valued at $54,730,000 after purchasing an additional 6,838,484 shares during the last quarter. BlackRock Inc. grew its stake in shares of Ensco by 25.3% during the second quarter. BlackRock Inc. now owns 32,777,289 shares of the offshore drilling services provider’s stock valued at $169,130,000 after purchasing an additional 6,612,735 shares during the last quarter. Finally, Scepter Holdings Inc. bought a new position in Ensco in the second quarter valued at approximately $24,330,000. 76.88% of the stock is owned by institutional investors.

A number of equities analysts have issued reports on the stock. ValuEngine raised shares of Ensco from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. B. Riley reaffirmed a “neutral” rating on shares of Ensco in a research note on Wednesday, November 1st. Zacks Investment Research cut shares of Ensco from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Jefferies Group set a $6.00 price objective on shares of Ensco and gave the company a “hold” rating in a research note on Sunday, October 29th. Finally, FBR & Co reduced their price objective on shares of Ensco from $9.00 to $6.00 and set a “neutral” rating on the stock in a research note on Friday, October 27th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $8.24.

Ensco Plc (ESV) opened at $5.62 on Monday. Ensco Plc has a 52-week low of $4.10 and a 52-week high of $12.04. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.58.

Ensco (NYSE:ESV) last announced its quarterly earnings results on Thursday, October 26th. The offshore drilling services provider reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.11. The company had revenue of $460.00 million for the quarter, compared to analysts’ expectations of $457.79 million. Ensco had a negative net margin of 3.04% and a negative return on equity of 0.37%. The business’s quarterly revenue was down 16.1% compared to the same quarter last year. During the same period last year, the firm posted $0.28 earnings per share. analysts expect that Ensco Plc will post -0.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, December 4th will be given a dividend of $0.01 per share. The ex-dividend date is Friday, December 1st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.71%. Ensco’s dividend payout ratio is -21.05%.

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Ensco Profile

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 (NYSE:ESV)

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