Fox Run Management L.L.C. Acquires 31,412 Shares of Enhabit, Inc. (NYSE:EHAB)

Fox Run Management L.L.C. lifted its stake in Enhabit, Inc. (NYSE:EHAB) by 290.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,237 shares of the company’s stock after purchasing an additional 31,412 shares during the quarter. Fox Run Management L.L.C.’s holdings in Enhabit were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in EHAB. Victory Capital Management Inc. bought a new stake in Enhabit in the third quarter worth $239,000. Intech Investment Management LLC bought a new stake in Enhabit during the 3rd quarter valued at about $96,000. Dynamic Technology Lab Private Ltd purchased a new position in Enhabit in the third quarter worth about $215,000. DRW Securities LLC bought a new position in shares of Enhabit in the third quarter worth approximately $326,000. Finally, FMR LLC grew its holdings in shares of Enhabit by 138.4% during the third quarter. FMR LLC now owns 3,388 shares of the company’s stock valued at $27,000 after buying an additional 1,967 shares during the last quarter.

Enhabit Price Performance

EHAB opened at $8.80 on Thursday. The company’s 50-day simple moving average is $8.47 and its two-hundred day simple moving average is $7.96. Enhabit, Inc. has a 52-week low of $6.85 and a 52-week high of $11.74. The stock has a market capitalization of $444.22 million, a P/E ratio of -3.79 and a beta of 1.80. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.46 and a current ratio of 1.46.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating on shares of Enhabit in a report on Thursday, March 6th.

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.