The Ensign Group, Inc. (ENSG) VP Barry Port Sells 5,901 Shares

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.

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

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