Tudor Investment Corp ET AL Buys 157,574 Shares of The Pennant Group, Inc. $PNTG

Tudor Investment Corp ET AL grew its stake in shares of The Pennant Group, Inc. (NASDAQ:PNTG) by 317.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 207,220 shares of the company’s stock after buying an additional 157,574 shares during the period. Tudor Investment Corp ET AL owned 0.60% of The Pennant Group worth $5,226,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Ophir Asset Management Pty Ltd raised its stake in The Pennant Group by 403.9% during the 2nd quarter. Ophir Asset Management Pty Ltd now owns 1,048,759 shares of the company’s stock worth $31,305,000 after acquiring an additional 840,642 shares during the period. WCM Investment Management LLC bought a new stake in shares of The Pennant Group during the 3rd quarter valued at $16,100,000. Ameriprise Financial Inc. purchased a new position in shares of The Pennant Group during the 2nd quarter valued at $14,356,000. Algert Global LLC boosted its holdings in The Pennant Group by 392.5% in the 3rd quarter. Algert Global LLC now owns 421,702 shares of the company’s stock worth $10,635,000 after buying an additional 336,072 shares during the period. Finally, Van Berkom & Associates Inc. increased its stake in The Pennant Group by 10.1% in the 3rd quarter. Van Berkom & Associates Inc. now owns 3,112,812 shares of the company’s stock worth $78,505,000 after buying an additional 284,856 shares in the last quarter. 85.88% of the stock is currently owned by institutional investors.

The Pennant Group Stock Performance

NASDAQ PNTG opened at $31.02 on Wednesday. The company has a market cap of $1.08 billion, a P/E ratio of 37.37, a P/E/G ratio of 2.17 and a beta of 1.23. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.14 and a current ratio of 1.14. The business’s 50 day moving average price is $31.34 and its 200-day moving average price is $28.21. The Pennant Group, Inc. has a fifty-two week low of $21.73 and a fifty-two week high of $35.00.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $289.32 million during the quarter, compared to the consensus estimate of $275.20 million. The Pennant Group had a return on equity of 10.10% and a net margin of 3.12%.The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. Sell-side analysts predict that The Pennant Group, Inc. will post 0.75 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on The Pennant Group from $31.00 to $38.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada boosted their price target on The Pennant Group from $39.00 to $41.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Weiss Ratings raised shares of The Pennant Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Wall Street Zen upgraded shares of The Pennant Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Zacks Research downgraded shares of The Pennant Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $36.60.

The Pennant Group Company Profile

The Pennant Group (NASDAQ: PNTG) is a publicly traded holding company that provides specialized services to the asset management industry. Through its operating subsidiaries, the company delivers outsourced fund administration, securities lending, prime brokerage, and capital markets solutions designed to support hedge funds, private equity firms, mutual funds and other institutional investors. By leveraging a combination of technology platforms and industry expertise, The Pennant Group helps clients streamline middle- and back-office processes, enhance operational efficiency and manage regulatory requirements.

Key service offerings include fund accounting and reporting, trade settlement and reconciliation, risk monitoring, securities lending programs and execution support across a range of asset classes.