The Ensign Group, Inc. (NASDAQ:ENSG) VP Barry Port sold 5,901 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $24.11, for a total transaction of $142,273.11. Following the sale, the vice president now directly owns 125,584 shares of the company’s stock, valued at approximately $3,027,830.24. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Barry Port also recently made the following trade(s):
- On Monday, November 20th, Barry Port sold 10,000 shares of The Ensign Group stock. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00.
The Ensign Group, Inc. (NASDAQ ENSG) traded down $0.15 during mid-day trading on Thursday, reaching $23.35. 96,116 shares of the company were exchanged, compared to its average volume of 234,808. The firm has a market cap of $1,208.14, a PE ratio of 25.94 and a beta of 0.83. The Ensign Group, Inc. has a twelve month low of $16.50 and a twelve month high of $24.78. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 1.53.
The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Wednesday, November 8th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 predict that The Ensign Group, Inc. will post 1.28 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Sunday, December 31st will be given a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.77%. This is a boost from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date is Thursday, December 28th. The Ensign Group’s dividend payout ratio is currently 20.00%.
A number of hedge funds have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. increased its position in The Ensign Group by 27.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 317,235 shares of the company’s stock worth $7,043,000 after purchasing an additional 67,692 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in The Ensign Group by 77.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 203,924 shares of the company’s stock worth $4,607,000 after purchasing an additional 89,040 shares in the last quarter. California Public Employees Retirement System acquired a new position in The Ensign Group in the 3rd quarter valued at approximately $463,000. Granahan Investment Management Inc. MA increased its position in The Ensign Group by 28.4% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 149,261 shares of the company’s stock valued at $3,372,000 after acquiring an additional 33,051 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its position in The Ensign Group by 30.2% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 9,754 shares of the company’s stock valued at $220,000 after acquiring an additional 2,260 shares during the period. Institutional investors and hedge funds own 84.77% of the company’s stock.
A number of analysts have recently weighed in on the stock. Cantor Fitzgerald upped their price target on shares of The Ensign Group from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, November 9th. BidaskClub cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. ValuEngine cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $21.00 price objective on shares of The Ensign Group in a research report on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $26.67.
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About The Ensign Group
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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