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.
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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.
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