Enhabit, Inc. (EHAB) shares are experiencing a modest uptick today, potentially influenced by recent institutional activity. Fmr LLC significantly increased its holdings in Enhabit by 138.4% during the third quarter, as disclosed in a filing with the SEC. This move, along with other institutional investors adjusting their positions, may be contributing to positive sentiment around the stock. Additionally, recent analyst activity, including Jefferies Financial Group upgrading Enhabit to a "buy" rating and raising its price target, could be bolstering investor confidence.
The current price of Enhabit, Inc. (EHAB) is $7.75, reflecting a 1.17% increase from its previous close of $7.66 and a 1.84% rise from its opening price of $7.61.