Ensco Plc (ESV) Position Reduced by HAP Trading LLC

HAP Trading LLC trimmed its holdings in shares of Ensco Plc (NYSE:ESV) by 71.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,860 shares of the offshore drilling services provider’s stock after selling 151,740 shares during the quarter. HAP Trading LLC’s holdings in Ensco were worth $354,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the stock. LS Investment Advisors LLC grew its position in Ensco by 41.7% during the fourth quarter. LS Investment Advisors LLC now owns 33,905 shares of the offshore drilling services provider’s stock worth $200,000 after buying an additional 9,970 shares in the last quarter. Creative Planning grew its position in Ensco by 70.5% during the fourth quarter. Creative Planning now owns 24,127 shares of the offshore drilling services provider’s stock worth $143,000 after buying an additional 9,980 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Ensco by 46.6% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 33,031 shares of the offshore drilling services provider’s stock worth $197,000 after buying an additional 10,493 shares in the last quarter. Wright Investors Service Inc. grew its position in Ensco by 63.0% during the fourth quarter. Wright Investors Service Inc. now owns 27,587 shares of the offshore drilling services provider’s stock worth $163,000 after buying an additional 10,660 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Ensco by 87.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,734 shares of the offshore drilling services provider’s stock worth $146,000 after buying an additional 11,514 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Shares of Ensco Plc (NYSE:ESV) opened at $4.96 on Tuesday. Ensco Plc has a 52 week low of $4.10 and a 52 week high of $10.68. The company has a debt-to-equity ratio of 0.58, a quick ratio of 5.04 and a current ratio of 5.04.

Several equities analysts recently commented on ESV shares. Jefferies Group set a $6.00 target price on Ensco and gave the stock a “hold” rating in a research report on Thursday, January 4th. Cowen set a $6.00 price objective on Ensco and gave the stock a “hold” rating in a report on Thursday, January 11th. ValuEngine upgraded Ensco from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Susquehanna Bancshares set a $7.00 price objective on Ensco and gave the stock a “hold” rating in a report on Friday, January 12th. Finally, Zacks Investment Research upgraded Ensco from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company’s stock. Ensco has a consensus rating of “Hold” and an average price target of $7.52.

ILLEGAL ACTIVITY NOTICE: “Ensco Plc (ESV) Position Reduced by HAP Trading LLC” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another publication, it was stolen and reposted in violation of international trademark and copyright legislation. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/02/20/ensco-plc-esv-position-reduced-by-hap-trading-llc.html.

About Ensco

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.

Want to see what other hedge funds are holding ESV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ensco Plc (NYSE:ESV).

Institutional Ownership by Quarter for Ensco (NYSE:ESV)

Receive News & Ratings for Ensco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ensco and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply