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.
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