The Ensign Group, Inc. (ENSG) Director Antoinette T. Hubenette Sells 18,330 Shares

The Ensign Group, Inc. (NASDAQ:ENSG) Director Antoinette T. Hubenette sold 18,330 shares of the firm’s stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $23.70, for a total transaction of $434,421.00. Following the sale, the director now owns 44,456 shares in the company, valued at approximately $1,053,607.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

The Ensign Group, Inc. (ENSG) opened at $23.61 on Wednesday. The company has a market cap of $1,224.00, a price-to-earnings ratio of 26.23 and a beta of 0.83. The Ensign Group, Inc. has a 52-week low of $16.50 and a 52-week high of $24.78. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.53.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Wednesday, November 8th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). The Ensign Group had a return on equity of 13.15% and a net margin of 2.65%. analysts forecast that The Ensign Group, Inc. will post 1.28 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Sunday, December 31st will be given a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from The Ensign Group’s previous quarterly dividend of $0.04. The Ensign Group’s dividend payout ratio (DPR) is presently 20.00%.

Several analysts have recently weighed in on ENSG shares. BidaskClub cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Royal Bank of Canada restated a “buy” rating and set a $21.00 price objective on shares of The Ensign Group in a research report on Tuesday, November 7th. Cantor Fitzgerald raised their price objective on shares of The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, November 9th. Finally, ValuEngine cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The Ensign Group currently has an average rating of “Hold” and an average target price of $26.67.

Large investors have recently modified their holdings of the stock. Riverhead Capital Management LLC raised its position in The Ensign Group by 86.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,664 shares of the company’s stock worth $102,000 after purchasing an additional 2,164 shares during the period. SG Americas Securities LLC purchased a new position in The Ensign Group in the 3rd quarter worth $104,000. Pinebridge Investments L.P. raised its position in The Ensign Group by 0.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 6,280 shares of the company’s stock worth $137,000 after purchasing an additional 38 shares during the period. Victory Capital Management Inc. raised its position in The Ensign Group by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 7,156 shares of the company’s stock worth $156,000 after purchasing an additional 1,072 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its position in The Ensign Group by 7.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 7,494 shares of the company’s stock worth $163,000 after purchasing an additional 526 shares during the period. Institutional investors own 84.77% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/01/17/the-ensign-group-inc-ensg-director-antoinette-t-hubenette-sells-18330-shares.html.

The Ensign Group Company Profile

The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.

Insider Buying and Selling by Quarter for The Ensign Group (NASDAQ:ENSG)

Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply