Ensco PLC (NYSE:ESV) shares were up 9.5% on Tuesday . The company traded as high as $10.85 and last traded at $10.82, with a volume of 5,892,671 shares trading hands. The stock had previously closed at $9.88.

A number of brokerages have commented on ESV. JPMorgan Chase & Co. reissued a “sell” rating and set a $9.00 price objective on shares of Ensco PLC in a research report on Monday, May 2nd. Clarkson Capital reissued a “sell” rating on shares of Ensco PLC in a research report on Tuesday, April 12th. Cowen and Company cut their price objective on Ensco PLC from $13.00 to $9.50 in a research report on Monday, March 21st. Seaport Global Securities reissued a “reduce” rating on shares of Ensco PLC in a research report on Tuesday, March 15th. Finally, Citigroup Inc. cut their price objective on Ensco PLC from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Wednesday, March 16th. Seven analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $13.80.

The stock has a 50 day moving average of $10.10 and a 200 day moving average of $10.43. The company’s market capitalization is $2.55 billion.

Ensco PLC (NYSE:ESV) last issued its quarterly earnings data on Wednesday, April 27th. The offshore drilling services provider reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.02. The business had revenue of $814 million for the quarter, compared to analyst estimates of $792.95 million. The business’s quarterly revenue was down 30.1% compared to the same quarter last year. During the same period last year, the firm earned $1.49 earnings per share. Analysts anticipate that Ensco PLC will post $1.84 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 17th. Investors of record on Monday, June 6th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend was Thursday, June 2nd.

Several hedge funds recently bought and sold shares of the stock. Principal Financial Group Inc. raised its position in Ensco PLC by 854.6% in the fourth quarter. Principal Financial Group Inc. now owns 3,261,415 shares of the offshore drilling services provider’s stock valued at $50,193,000 after buying an additional 2,919,774 shares in the last quarter. New York State Common Retirement Fund raised its position in Ensco PLC by 4.5% in the fourth quarter. New York State Common Retirement Fund now owns 1,737,339 shares of the offshore drilling services provider’s stock valued at $26,738,000 after buying an additional 75,504 shares in the last quarter. Alps Advisors Inc. raised its position in Ensco PLC by 1.1% in the fourth quarter. Alps Advisors Inc. now owns 1,305,876 shares of the offshore drilling services provider’s stock valued at $20,097,000 after buying an additional 14,307 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Ensco PLC by 64.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 415,476 shares of the offshore drilling services provider’s stock valued at $6,395,000 after buying an additional 163,581 shares in the last quarter. Finally, Russell Frank Co raised its position in Ensco PLC by 9.8% in the fourth quarter. Russell Frank Co now owns 615,885 shares of the offshore drilling services provider’s stock valued at $9,172,000 after buying an additional 55,081 shares in the last quarter.

Ensco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. The Company’s segments include Floaters, Jackups and Other. Its Floaters segment includes the Company’s drillships and semisubmersible rigs, and provides contract drilling.

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