Strs Ohio raised its position in shares of ENSCO PLC (NYSE:ESV) by 19.2% during the second quarter, Holdings Channel reports. The firm owned 460,000 shares of the offshore drilling services provider’s stock after buying an additional 74,000 shares during the period. Strs Ohio’s holdings in ENSCO PLC were worth $2,373,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tradewinds Capital Management LLC boosted its position in shares of ENSCO PLC by 0.7% in the first quarter. Tradewinds Capital Management LLC now owns 21,449 shares of the offshore drilling services provider’s stock worth $192,000 after buying an additional 149 shares during the period. World Asset Management Inc boosted its position in shares of ENSCO PLC by 0.6% in the first quarter. World Asset Management Inc now owns 25,438 shares of the offshore drilling services provider’s stock worth $228,000 after buying an additional 158 shares during the period. ZWJ Investment Counsel Inc. boosted its position in shares of ENSCO PLC by 1.6% in the first quarter. ZWJ Investment Counsel Inc. now owns 11,635 shares of the offshore drilling services provider’s stock worth $104,000 after buying an additional 180 shares during the period. LS Investment Advisors LLC boosted its position in ENSCO PLC by 1.2% in the first quarter. LS Investment Advisors LLC now owns 20,765 shares of the offshore drilling services provider’s stock valued at $186,000 after buying an additional 240 shares during the period. Finally, Tyers Asset Management LLC boosted its position in ENSCO PLC by 2.7% in the first quarter. Tyers Asset Management LLC now owns 13,748 shares of the offshore drilling services provider’s stock valued at $123,000 after buying an additional 364 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

ENSCO PLC (NYSE ESV) opened at 4.56 on Thursday. The firm’s 50-day moving average is $5.24 and its 200-day moving average is $7.74. ENSCO PLC has a 12 month low of $4.32 and a 12 month high of $12.04. The stock has a market cap of $1.39 billion, a P/E ratio of 28.50 and a beta of 1.64.

ENSCO PLC (NYSE:ESV) last issued its quarterly earnings data on Thursday, July 27th. The offshore drilling services provider reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. ENSCO PLC had a net margin of 2.68% and a return on equity of 0.77%. The business had revenue of $457.50 million for the quarter, compared to analysts’ expectations of $453.48 million. During the same period in the previous year, the business earned $2.04 earnings per share. The company’s revenue was down 49.7% on a year-over-year basis. On average, equities analysts forecast that ENSCO PLC will post ($0.37) earnings per share for the current fiscal year.

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Several research firms have commented on ESV. Barclays PLC reiterated a “sell” rating and set a $8.00 price target on shares of ENSCO PLC in a report on Thursday, April 27th. Jefferies Group LLC set a $9.00 price target on shares of ENSCO PLC and gave the stock a “hold” rating in a report on Wednesday, May 24th. Clarkson Capital upgraded shares of ENSCO PLC from a “neutral” rating to a “buy” rating and set a $10.00 price target for the company in a report on Tuesday, May 30th. Seaport Global Securities upgraded shares of ENSCO PLC from a “sell” rating to a “neutral” rating and set a $6.50 price target for the company in a report on Wednesday, May 31st. Finally, BidaskClub upgraded shares of 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. The stock currently has an average rating of “Hold” and a consensus 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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