Magnetar Financial LLC Purchases New Holdings in Enhabit, Inc. (NYSE:EHAB)

Magnetar Financial LLC acquired a new position in Enhabit, Inc. (NYSE:EHAB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,887 shares of the company’s stock, valued at approximately $171,000.

Other institutional investors also recently modified their holdings of the company. Jane Street Group LLC boosted its stake in Enhabit by 514.3% during the third quarter. Jane Street Group LLC now owns 901,084 shares of the company’s stock worth $7,119,000 after buying an additional 754,395 shares in the last quarter. Paradice Investment Management LLC boosted its position in shares of Enhabit by 12.8% during the 4th quarter. Paradice Investment Management LLC now owns 1,780,113 shares of the company’s stock valued at $13,903,000 after acquiring an additional 201,997 shares in the last quarter. Systematic Financial Management LP increased its stake in Enhabit by 12.2% in the third quarter. Systematic Financial Management LP now owns 1,838,199 shares of the company’s stock valued at $14,522,000 after acquiring an additional 199,235 shares during the period. Bardin Hill Management Partners LP raised its position in Enhabit by 927.4% in the third quarter. Bardin Hill Management Partners LP now owns 174,304 shares of the company’s stock worth $1,377,000 after purchasing an additional 157,338 shares in the last quarter. Finally, West Tower Group LLC boosted its holdings in Enhabit by 108.8% during the third quarter. West Tower Group LLC now owns 285,142 shares of the company’s stock valued at $2,253,000 after purchasing an additional 148,566 shares in the last quarter.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Enhabit in a report on Thursday, March 6th.

Enhabit Price Performance

NYSE:EHAB opened at $9.02 on Monday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.85. The firm has a market cap of $455.38 million, a PE ratio of -3.89 and a beta of 1.80. Enhabit, Inc. has a 12 month low of $6.85 and a 12 month high of $11.74. The company’s 50-day moving average price is $8.42 and its two-hundred day moving average price is $7.95.

Enhabit Profile

Enhabit, Inc provides home health and hospice services in the United States. Its home health services include patient education, pain management, wound care and dressing changes, cardiac rehabilitation, infusion therapy, pharmaceutical administration, and skilled observation and assessment services; practices to treat chronic diseases and conditions, including diabetes, hypertension, arthritis, Alzheimer's disease, low vision, spinal stenosis, Parkinson's disease, osteoporosis, complex wound care and chronic pain, along with disease-specific plans for patients with diabetes, congestive heart failure, post-orthopedic surgery, or injury and respiratory diseases; and physical, occupational and speech therapists provide therapy services.