John G. Nackel Sells 5,000 Shares of The Ensign Group, Inc. (ENSG) Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director John G. Nackel sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $26.90, for a total value of $134,500.00. Following the sale, the director now directly owns 91,232 shares in the company, valued at approximately $2,454,140.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of The Ensign Group, Inc. (ENSG) traded down $0.07 during mid-day trading on Friday, hitting $26.87. The company’s stock had a trading volume of 161,161 shares, compared to its average volume of 234,626. The firm has a market cap of $1,423.56, a P/E ratio of 35.45, a PEG ratio of 1.09 and a beta of 0.81. The Ensign Group, Inc. has a 52-week low of $16.50 and a 52-week high of $27.80. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.63 and a current ratio of 1.63.

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

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

ENSG has been the topic of a number of analyst reports. Royal Bank of Canada reissued a “buy” rating and set a $21.00 price target on shares of The Ensign Group in a research report on Tuesday, November 7th. BidaskClub downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. ValuEngine downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Cantor Fitzgerald increased their price target on The Ensign Group from $23.00 to $27.00 and gave the stock an “overweight” rating in a research report on Thursday, November 9th. Finally, Stifel Nicolaus set a $22.00 price target on The Ensign Group and gave the stock a “hold” rating in a research report on Friday, February 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $26.80.

Hedge funds have recently modified their holdings of the business. Northern Trust Corp boosted its holdings in shares of The Ensign Group by 19.1% in the 2nd quarter. Northern Trust Corp now owns 747,571 shares of the company’s stock valued at $16,275,000 after purchasing an additional 120,113 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of The Ensign Group in the 3rd quarter valued at $640,000. Bridge City Capital LLC boosted its holdings in shares of The Ensign Group by 8.7% in the 3rd quarter. Bridge City Capital LLC now owns 131,977 shares of the company’s stock valued at $2,981,000 after purchasing an additional 10,547 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of The Ensign Group by 2.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 476,019 shares of the company’s stock valued at $10,753,000 after purchasing an additional 12,775 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of The Ensign Group by 5.5% in the 2nd quarter. State Street Corp now owns 1,289,881 shares of the company’s stock valued at $28,076,000 after purchasing an additional 67,741 shares in the last quarter. 84.78% of the stock is currently owned by hedge funds and other institutional investors.

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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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