ENSCO plc (NYSE:ESV) is expected to pay $0.01 on Dec 16, 2016. The indicated annual dividend is $0.04. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on ENSCO plc’s current price of $8.50, the dividend is 0.12%. This dividend’s record date is Dec 5, 2016 and the announcement date is Nov 8, 2016. About 5,568 shares traded hands. ENSCO PLC (NYSE:ESV) has declined 35.26% since April 27, 2016 and is downtrending. It has underperformed by 40.49% the S&P500.
Ensco plc is an offshore contract drilling company. The company has a market cap of $2.28 billion. The Firm provides offshore contract drilling services to the international gas and oil industry. It currently has negative earnings. The Company’s divisions include Floaters, Jackups and Other.
Insitutional Activity: The institutional sentiment decreased to 1.05 in Q2 2016. Its down 0.21, from 1.26 in 2016Q1. The ratio dropped, as 51 funds sold all ENSCO PLC shares owned while 89 reduced positions. 50 funds bought stakes while 126 increased positions. They now own 246.48 million shares or 19.11% more from 206.94 million shares in 2016Q1.
Afam Inc has 0.12% invested in the company for 73,660 shares. California Pub Employees Retirement System holds 0.02% or 1.00 million shares in its portfolio. Fairfield Bush holds 0.37% of its portfolio in ENSCO PLC (NYSE:ESV) for 108,499 shares. Essex Invest Limited Liability accumulated 104,427 shares or 0.17% of the stock. The North Carolina-based National Bank Of America Corporation De has invested 0% in ENSCO PLC (NYSE:ESV). Moreover, Nuveen Asset Mgmt Lc has 0.02% invested in ENSCO PLC (NYSE:ESV) for 396,553 shares. Blackrock Japan Comm Limited holds 24,275 shares or 0% of its portfolio. Gsa Ptnrs Llp accumulated 0.07% or 124,309 shares. Qs Investors Lc, a New York-based fund reported 52 shares. The Pennsylvania-based Vanguard Grp has invested 0.02% in ENSCO PLC (NYSE:ESV). Zwj Invest Counsel accumulated 180,933 shares or 0.18% of the stock. Jnba Finance Advsr last reported 0% of its portfolio in the stock. Hgk Asset Management reported 569,101 shares or 0.82% of all its holdings. Credit Suisse Ag reported 715,315 shares or 0.01% of all its holdings. Benjamin F Edwards & has 304 shares for 0% of their US portfolio.
ENSCO PLC (NYSE:ESV) Ratings Coverage
Out of 26 analysts covering Ensco Plc (NYSE:ESV), 6 rate it a “Buy”, 6 “Sell”, while 14 “Hold”. This means 23% are positive. $25 is the highest target while $7 is the lowest. The $13.75 average target is 61.76% above today’s ($8.5) stock price. Ensco Plc has been the topic of 47 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Goldman Sachs maintained the shares of ESV in a report on Friday, April 15 with “Neutral” rating. The stock of ENSCO PLC (NYSE:ESV) has “Underperform” rating given on Monday, June 13 by Bank of America. On Friday, July 31 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The company was maintained on Wednesday, September 28 by Jefferies. The firm has “Hold” rating given on Friday, January 29 by Citigroup. The firm has “Accumulate” rating by Johnson Rice given on Monday, June 13. Seaport Global downgraded the shares of ESV in a report on Thursday, July 14 to “Sell” rating. Iberia Capital Partners maintained it with “Sector Perform” rating and $9 target price in Friday, February 26 report. The firm earned “Neutral” rating on Thursday, August 25 by Citigroup. As per Tuesday, July 19, the company rating was downgraded by DNB Markets.
ESV Company Profile
Ensco plc, incorporated on September 18, 2009, is an offshore contract drilling company. The Firm provides offshore contract drilling services to the international gas and oil industry. The Company’s divisions include Floaters, Jackups and Other. The Company’s Floaters segment includes the Company’s drillships and semisubmersible rigs, and provides contract drilling. The Other segment consists of management services on rigs owned by third parties. The Jackups divisions provide contract drilling. It owns and operates an offshore drilling rig fleet of over 60 rigs, including approximately four rigs under construction, with drilling activities in markets around the globe. The Company’s rig fleet includes approximately 10 drill ships, over 10 semisubmersible rigs, approximately three moored semisubmersible rigs and over 40 jackup rigs. Of its approximately 70 rigs, approximately 30 are located in the Middle East, Africa and Asia Pacific (including over four rigs under construction), over 20 are located in North and South America (including Brazil), and approximately 20 are located in Europe and the Mediterranean.
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