Enhabit, Inc. (NYSE:EHAB) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its holdings in Enhabit, Inc. (NYSE:EHAB - Free Report) by 39.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 375,116 shares of the company's stock after selling 246,453 shares during the period. Charles Schwab Investment Management Inc. owned about 0.75% of Enhabit worth $2,930,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EHAB. Versor Investments LP lifted its stake in shares of Enhabit by 135.0% during the 4th quarter. Versor Investments LP now owns 28,900 shares of the company's stock worth $226,000 after purchasing an additional 16,600 shares during the last quarter. Paradice Investment Management LLC lifted its position in shares of Enhabit by 12.8% during the fourth quarter. Paradice Investment Management LLC now owns 1,780,113 shares of the company's stock valued at $13,903,000 after buying an additional 201,997 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Enhabit by 2.8% in the 4th quarter. Rhumbline Advisers now owns 80,760 shares of the company's stock valued at $631,000 after buying an additional 2,211 shares in the last quarter. Stoneridge Investment Partners LLC grew its position in shares of Enhabit by 22.6% in the 4th quarter. Stoneridge Investment Partners LLC now owns 12,533 shares of the company's stock worth $98,000 after buying an additional 2,308 shares during the last quarter. Finally, Empowered Funds LLC grew its position in shares of Enhabit by 5.0% in the 4th quarter. Empowered Funds LLC now owns 175,824 shares of the company's stock worth $1,373,000 after buying an additional 8,448 shares during the last quarter.

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Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a "buy" rating on shares of Enhabit in a research note on Thursday, March 6th.

Enhabit Stock Up 2.0 %

NYSE EHAB traded up $0.18 during trading on Monday, hitting $8.82. The company's stock had a trading volume of 372,073 shares, compared to its average volume of 484,200. Enhabit, Inc. has a fifty-two week low of $6.85 and a fifty-two week high of $11.69. The company has a market cap of $445.08 million, a PE ratio of -3.80 and a beta of 1.80. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.46 and a quick ratio of 1.46. The business's 50 day simple moving average is $8.54 and its 200-day simple moving average is $7.99.

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.