Versor Investments LP cut its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Get Rating) by 34.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,767 shares of the company’s stock after selling 2,537 shares during the quarter. Versor Investments LP’s holdings in The Ensign Group were worth $451,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Altshuler Shaham Ltd acquired a new stake in The Ensign Group in the third quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its holdings in shares of The Ensign Group by 96.3% during the third quarter. EverSource Wealth Advisors LLC now owns 371 shares of the company’s stock worth $30,000 after purchasing an additional 182 shares during the period. CWM LLC lifted its holdings in shares of The Ensign Group by 51.7% during the third quarter. CWM LLC now owns 402 shares of the company’s stock worth $32,000 after purchasing an additional 137 shares during the period. Quantbot Technologies LP acquired a new position in shares of The Ensign Group during the first quarter worth $46,000. Finally, Wipfli Financial Advisors LLC acquired a new position in shares of The Ensign Group during the third quarter worth $44,000. 88.80% of the stock is owned by institutional investors.
The Ensign Group Trading Up 0.2 %
ENSG opened at $98.40 on Friday. The Ensign Group, Inc. has a 1-year low of $70.29 and a 1-year high of $100.30. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.12. The company has a market cap of $5.50 billion, a P/E ratio of 24.91, a price-to-earnings-growth ratio of 1.51 and a beta of 1.02. The company has a fifty day moving average price of $91.63 and a two-hundred day moving average price of $91.30.
The Ensign Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Friday, March 31st will be paid a $0.058 dividend. This represents a $0.23 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend is Thursday, March 30th. The Ensign Group’s dividend payout ratio (DPR) is currently 5.82%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on ENSG shares. Truist Financial lifted their price target on shares of The Ensign Group from $105.00 to $110.00 in a report on Thursday. Oppenheimer boosted their target price on shares of The Ensign Group from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, February 3rd. Finally, StockNews.com lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, April 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $106.60.
Insider Buying and Selling at The Ensign Group
In other The Ensign Group news, CFO Suzanne D. Snapper sold 34,470 shares of The Ensign Group stock in a transaction on Thursday, March 30th. The shares were sold at an average price of $93.02, for a total value of $3,206,399.40. Following the completion of the sale, the chief financial officer now directly owns 221,884 shares of the company’s stock, valued at $20,639,649.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO Suzanne D. Snapper sold 35,304 shares of the business’s stock in a transaction dated Tuesday, April 11th. The shares were sold at an average price of $100.07, for a total transaction of $3,532,871.28. Following the completion of the sale, the chief financial officer now directly owns 221,884 shares of the company’s stock, valued at $22,203,931.88. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Suzanne D. Snapper sold 34,470 shares of the business’s stock in a transaction dated Thursday, March 30th. The stock was sold at an average price of $93.02, for a total transaction of $3,206,399.40. Following the sale, the chief financial officer now directly owns 221,884 shares of the company’s stock, valued at $20,639,649.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 87,027 shares of company stock valued at $8,395,712. Corporate insiders own 4.70% of the company’s stock.
The Ensign Group Profile
The Ensign Group, Inc engages in providing skilled nursing, senior living, and rehabilitative care services. It operates through the Skilled Services and Standard Bearer segments. The Skilled Services segments includes the operation of skilled nursing facilities and rehabilitation therapy services. The Standard Bearer segment refers to the leasing to skilled nursing and senior living operations.
Read More
- Get a free copy of the StockNews.com research report on The Ensign Group (ENSG)
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