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

A number of equities research analysts have commented on the company. Goldman Sachs Group Inc. reissued a “hold” rating on shares of Ensco PLC in a report on Sunday, April 17th. Jefferies Group restated a “hold” rating on shares of Ensco PLC in a research report on Sunday. Zephirin Group restated a “hold” rating and set a $12.00 price objective on shares of Ensco PLC in a research report on Thursday, May 5th. Deutsche Bank AG upgraded Ensco PLC from a “sell” rating to a “hold” rating and raised their price objective for the company from $4.00 to $9.00 in a research report on Monday, April 18th. Finally, JPMorgan Chase & Co. restated a “sell” rating and set a $9.00 price objective on shares of Ensco PLC in a research report on Monday, May 2nd. Seven investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $13.80.

The firm’s market cap is $2.44 billion. The stock has a 50-day moving average price of $10.15 and a 200 day moving average price of $10.43.

Ensco PLC (NYSE:ESV) last issued its earnings results on Wednesday, April 27th. The offshore drilling services provider reported $0.74 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.02. The firm had revenue of $814 million for the quarter, compared to analyst estimates of $792.95 million. The firm’s quarterly revenue was down 30.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 earnings per share. On average, analysts anticipate that Ensco PLC will post $1.83 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 17th. Stockholders of record on Monday, June 6th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.39%. The ex-dividend date was Thursday, June 2nd.

Several hedge funds have recently modified their holdings of ESV. Vanguard Group Inc. increased its stake in shares of Ensco PLC by 9.1% in the fourth quarter. Vanguard Group Inc. now owns 25,384,257 shares of the offshore drilling services provider’s stock valued at $390,664,000 after buying an additional 2,124,002 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of 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 during the last quarter. New York State Common Retirement Fund increased its stake in shares of 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 during the last quarter. TD Asset Management Inc. increased its stake in shares of Ensco PLC by 1.3% in the fourth quarter. TD Asset Management Inc. now owns 710,036 shares of the offshore drilling services provider’s stock valued at $10,927,000 after buying an additional 9,300 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of Ensco PLC by 3.4% in the fourth quarter. California Public Employees Retirement System now owns 680,700 shares of the offshore drilling services provider’s stock valued at $10,476,000 after buying an additional 22,300 shares during 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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