3 days Ago By ABMN Staff
Choreo LLC bought a new position in shares of The Ensign Group, Inc. ( NASDAQ:ENSG – Free Report ) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,040 shares of the company’s stock, valued at approximately $501,000.
A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of The Ensign Group by 0.
6% during the 1st quarter. Vanguard Group Inc. now owns 6,661,581 shares of the company’s stock worth $828,834,000 after buying an additional 39,695 shares during the last quarter.
Capital Research Global Investors lifted its holdings in shares of The Ensign Group by 9.2% in the fourth quarter. Capital Research Global Investors now owns 2,620,360 shares of the company’s stock worth $294,031,000 after acquiring an additional 221,838 shares during the last quarter.
Crewe Advisors LLC boosted its stake in shares of The Ensign Group by 3.1% in the 4th quarter. Crewe Advisors LLC now owns 1,211,171 shares of the company’s stock valued at $135,905,000 after purchasing an additional 36,587 shares in the last quarter.
Norges Bank acquired a new stake in shares of The Ensign Group in the 4th quarter valued at approximately $65,050,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of The Ensign Group by 11.7% during the 2nd quarter.
Bank of New York Mellon Corp now owns 571,532 shares of the company’s stock valued at $70,693,000 after purchasing an additional 59,933 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.
Wall Street Analyst Weigh In A number of brokerages have weighed in on ENSG. Truist Financial raised their target price on shares of The Ensign Group from $150.00 to $160.
00 and gave the company a “hold” rating in a research report on Wednesday, July 31st. Macquarie initiated coverage on The Ensign Group in a report on Friday, June 28th. They set an “outperform” rating and a $134.
00 price objective on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.
com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.50. Insider Activity at The Ensign Group In other news, COO Spencer Burton sold 3,099 shares of the business’s stock in a transaction that occurred on Monday, July 15th.
The shares were sold at an average price of $136.19, for a total value of $422,052.81.
Following the transaction, the chief operating officer now owns 42,629 shares in the company, valued at approximately $5,805,643.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
In other news, COO Spencer Burton sold 3,099 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $136.19, for a total value of $422,052.
81. Following the transaction, the chief operating officer now directly owns 42,629 shares of the company’s stock, valued at approximately $5,805,643.51.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CEO Barry Port sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $140.
00, for a total value of $420,000.00. Following the sale, the chief executive officer now directly owns 53,716 shares of the company’s stock, valued at approximately $7,520,240.
The disclosure for this sale can be found here . Insiders have sold 24,736 shares of company stock worth $3,491,039 over the last ninety days. Insiders own 3.
90% of the company’s stock. The Ensign Group Price Performance ENSG stock opened at $152.73 on Monday.
The company has a market capitalization of $8.69 billion, a P/E ratio of 40.19, a PEG ratio of 2.
01 and a beta of 0.96. The company has a fifty day moving average price of $142.
31 and a 200-day moving average price of $128.31. The company has a debt-to-equity ratio of 0.
09, a quick ratio of 1.53 and a current ratio of 1.53.
The Ensign Group, Inc. has a 52-week low of $90.00 and a 52-week high of $153.
64. The Ensign Group ( NASDAQ:ENSG – Get Free Report ) last announced its earnings results on Thursday, July 25th. The company reported $1.
32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.02.
The Ensign Group had a return on equity of 17.32% and a net margin of 5.68%.
The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion.
During the same period last year, the company earned $1.08 EPS. The Ensign Group’s revenue for the quarter was up 12.
5% compared to the same quarter last year. As a group, equities analysts expect that The Ensign Group, Inc. will post 4.
99 EPS for the current year. The Ensign Group Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 30th will be paid a $0.
06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.
16%. The ex-dividend date of this dividend is Monday, September 30th. The Ensign Group’s dividend payout ratio is currently 6.
32%. The Ensign Group Profile ( Free Report ) The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer.
The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services. Featured Stories Want to see what other hedge funds are holding ENSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Ensign Group, Inc.
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