Barry Port Sells 19,840 Shares of The Ensign Group, Inc. (ENSG) Stock

The Ensign Group, Inc. (NASDAQ:ENSG) VP Barry Port sold 19,840 shares of The Ensign Group stock in a transaction on Friday, February 16th. The stock was sold at an average price of $26.11, for a total value of $518,022.40. Following the sale, the vice president now directly owns 122,467 shares of the company’s stock, valued at $3,197,613.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Barry Port also recently made the following trade(s):

  • On Friday, February 9th, Barry Port sold 24,152 shares of The Ensign Group stock. The stock was sold at an average price of $25.24, for a total value of $609,596.48.
  • On Monday, January 22nd, Barry Port sold 20,423 shares of The Ensign Group stock. The stock was sold at an average price of $24.02, for a total value of $490,560.46.
  • On Tuesday, January 16th, Barry Port sold 5,901 shares of The Ensign Group stock. The stock was sold at an average price of $24.11, for a total value of $142,273.11.

The Ensign Group, Inc. (ENSG) traded up $0.42 during trading hours on Tuesday, reaching $26.95. The company’s stock had a trading volume of 220,443 shares, compared to its average volume of 236,369. The Ensign Group, Inc. has a 1 year low of $16.50 and a 1 year high of $27.03. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $1,365.90, a PE ratio of 35.46, a price-to-earnings-growth ratio of 1.04 and a beta of 0.81.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Thursday, February 8th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.40. The Ensign Group had a return on equity of 13.87% and a net margin of 2.19%. The firm had revenue of $487.70 million during the quarter, compared to analysts’ expectations of $457.91 million. During the same period in the previous year, the firm earned $0.30 earnings per share. The company’s revenue was up 12.6% on a year-over-year basis. equities analysts expect that The Ensign Group, Inc. will post 1.69 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Sunday, December 31st were paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 0.67%. This is a boost from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, December 28th. The Ensign Group’s payout ratio is presently 23.68%.

ENSG has been the subject of a number of analyst reports. SunTrust Banks set a $29.00 price objective on The Ensign Group and gave the stock a “buy” rating in a research note on Friday, February 9th. Royal Bank of Canada lifted their price objective on The Ensign Group to $27.00 and gave the stock an “outperform” rating in a research note on Monday, November 20th. ValuEngine cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. BidaskClub cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, Cantor Fitzgerald lifted their price objective on The Ensign Group from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $26.80.

Large investors have recently bought and sold shares of the business. Northern Trust Corp grew its stake in The Ensign Group by 19.1% in the second quarter. Northern Trust Corp now owns 747,571 shares of the company’s stock valued at $16,275,000 after acquiring an additional 120,113 shares during the period. Bridge City Capital LLC grew its stake in The Ensign Group by 8.7% in the third quarter. Bridge City Capital LLC now owns 131,977 shares of the company’s stock valued at $2,981,000 after acquiring an additional 10,547 shares during the period. Ameriprise Financial Inc. grew its stake in The Ensign Group by 2.8% in the third quarter. Ameriprise Financial Inc. now owns 476,019 shares of the company’s stock valued at $10,753,000 after acquiring an additional 12,775 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new position in The Ensign Group in the third quarter valued at about $640,000. Finally, New York State Common Retirement Fund grew its stake in The Ensign Group by 11.5% in the third quarter. New York State Common Retirement Fund now owns 57,882 shares of the company’s stock valued at $1,308,000 after acquiring an additional 5,982 shares during the period. 84.78% of the stock is owned by hedge funds and other institutional investors.

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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.

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

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