The Pennant Group, Inc. $PNTG Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP raised its stake in shares of The Pennant Group, Inc. (NASDAQ:PNTG) by 104.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,435 shares of the company’s stock after purchasing an additional 19,606 shares during the period. Quantbot Technologies LP owned 0.11% of The Pennant Group worth $969,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in shares of The Pennant Group by 174.5% during the 1st quarter. Royal Bank of Canada now owns 27,290 shares of the company’s stock valued at $687,000 after buying an additional 17,347 shares during the period. AQR Capital Management LLC boosted its holdings in The Pennant Group by 32.6% in the first quarter. AQR Capital Management LLC now owns 10,255 shares of the company’s stock valued at $258,000 after acquiring an additional 2,524 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in The Pennant Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock valued at $488,000 after acquiring an additional 857 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in The Pennant Group by 4.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 81,392 shares of the company’s stock worth $2,047,000 after acquiring an additional 3,507 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of The Pennant Group in the 1st quarter worth about $297,000. Hedge funds and other institutional investors own 85.88% of the company’s stock.

Analyst Ratings Changes

PNTG has been the subject of a number of research reports. Weiss Ratings upgraded The Pennant Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Royal Bank Of Canada raised their price target on shares of The Pennant Group from $39.00 to $41.00 and gave the company an “outperform” rating in a report on Monday, March 2nd. Truist Financial raised shares of The Pennant Group from a “hold” rating to a “buy” rating and lifted their price target for the company from $28.00 to $34.00 in a research report on Tuesday, December 2nd. Wells Fargo & Company increased their price objective on shares of The Pennant Group from $31.00 to $38.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Finally, William Blair initiated coverage on shares of The Pennant Group in a research note on Monday, December 8th. They issued an “outperform” rating on the stock. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $36.60.

The Pennant Group Stock Performance

The Pennant Group stock opened at $33.66 on Friday. The stock’s 50 day moving average price is $30.30 and its 200 day moving average price is $27.46. The firm has a market capitalization of $1.17 billion, a PE ratio of 40.55, a price-to-earnings-growth ratio of 2.31 and a beta of 1.23. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.04 and a current ratio of 1.14. The Pennant Group, Inc. has a one year low of $21.73 and a one year high of $35.00.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 3.12% and a return on equity of 10.10%. The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. As a group, sell-side analysts expect that The Pennant Group, Inc. will post 0.75 EPS for the current fiscal year.

About The Pennant Group

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.