Texas Permanent School Fund Acquires 72,893 Shares of Ensco Plc (ESV)

Texas Permanent School Fund boosted its position in shares of Ensco Plc (NYSE:ESV) by 32.9% in the 4th quarter, HoldingsChannel reports. The fund owned 294,735 shares of the offshore drilling services provider’s stock after purchasing an additional 72,893 shares during the period. Texas Permanent School Fund’s holdings in Ensco were worth $1,742,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ESV. BlackRock Inc. grew its stake in 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 acquiring an additional 6,612,735 shares in the last quarter. Capital International Investors grew its stake in Ensco by 49.1% during the third quarter. Capital International Investors now owns 15,811,810 shares of the offshore drilling services provider’s stock valued at $94,397,000 after acquiring an additional 5,205,307 shares in the last quarter. Northern Trust Corp grew its stake in Ensco by 160.1% during the second quarter. Northern Trust Corp now owns 7,640,797 shares of the offshore drilling services provider’s stock valued at $39,426,000 after acquiring an additional 4,703,710 shares in the last quarter. Majedie Asset Management Ltd grew its stake in Ensco by 204.0% during the third quarter. Majedie Asset Management Ltd now owns 6,382,433 shares of the offshore drilling services provider’s stock valued at $38,103,000 after acquiring an additional 4,282,658 shares in the last quarter. Finally, Capital Guardian Trust Co. grew its stake in Ensco by 22.9% during the third quarter. Capital Guardian Trust Co. now owns 13,074,290 shares of the offshore drilling services provider’s stock valued at $78,054,000 after acquiring an additional 2,437,145 shares in the last quarter. 76.80% of the stock is owned by institutional investors.

ESV has been the subject of several recent analyst reports. Piper Jaffray Companies reaffirmed a “buy” rating and set a $6.10 price objective on shares of Ensco in a research note on Sunday, October 22nd. Goldman Sachs Group began coverage on shares of Ensco in a research note on Friday, October 13th. They issued a “buy” rating and a $8.00 price target for the company. began coverage on shares of Ensco in a research note on Thursday, October 19th. They issued a “buy” rating and a $7.30 price target for the company. Zacks Investment Research raised shares of Ensco from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Finally, ValuEngine raised shares of Ensco from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company. Ensco currently has a consensus rating of “Hold” and an average target price of $7.52.

Shares of Ensco Plc (NYSE ESV) opened at $4.92 on Friday. 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 Plc has a 1-year low of $4.10 and a 1-year high of $11.26.

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Ensco Company 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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