Orion Portfolio Solutions LLC Sells 43,370 Shares of Enhabit, Inc. (NYSE:EHAB)

Orion Portfolio Solutions LLC lessened its holdings in shares of Enhabit, Inc. (NYSE:EHAB - Free Report) by 38.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 70,815 shares of the company's stock after selling 43,370 shares during the period. Orion Portfolio Solutions LLC owned approximately 0.14% of Enhabit worth $553,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in EHAB. Jane Street Group LLC boosted its holdings in Enhabit by 514.3% in the 3rd quarter. Jane Street Group LLC now owns 901,084 shares of the company's stock valued at $7,119,000 after purchasing an additional 754,395 shares during the period. Paradice Investment Management LLC lifted its stake in shares of Enhabit by 12.8% in 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 period. JPMorgan Chase & Co. lifted its stake in shares of Enhabit by 37.8% in the third quarter. JPMorgan Chase & Co. now owns 305,245 shares of the company's stock valued at $2,411,000 after buying an additional 83,707 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in Enhabit during the third quarter worth about $450,000. Finally, Walleye Capital LLC bought a new position in Enhabit during the third quarter valued at about $338,000.

Enhabit Price Performance

Shares of NYSE:EHAB traded down $0.18 during midday trading on Friday, reaching $7.74. 339,551 shares of the company's stock were exchanged, compared to its average volume of 484,311. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.46 and a current ratio of 1.46. The company's 50 day simple moving average is $8.49 and its two-hundred day simple moving average is $8.00. Enhabit, Inc. has a 12 month low of $6.85 and a 12 month high of $10.84. The firm has a market capitalization of $390.46 million, a PE ratio of -3.33 and a beta of 1.60.

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Analyst Ratings Changes

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

Enhabit Company 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.