The Ensign Group, Inc. (NASDAQ:ENSG) Director Daren Shaw Sells 2,000 Shares

The Ensign Group, Inc. (NASDAQ:ENSG) Director Daren Shaw sold 2,000 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $129.66, for a total transaction of $259,320.00. Following the transaction, the director now owns 26,325 shares in the company, valued at $3,413,299.50. This represents a 7.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

The Ensign Group Stock Up 0.0 %

ENSG traded up $0.06 during midday trading on Tuesday, reaching $128.07. The company’s stock had a trading volume of 274,843 shares, compared to its average volume of 454,334. The firm has a market capitalization of $7.36 billion, a price-to-earnings ratio of 25.06, a PEG ratio of 1.62 and a beta of 0.94. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.08. The Ensign Group, Inc. has a 1 year low of $113.27 and a 1 year high of $158.45. The stock’s 50-day moving average is $135.87 and its 200-day moving average is $143.30.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.11). The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. As a group, research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.20%. The ex-dividend date was Tuesday, December 31st. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. The Ensign Group’s dividend payout ratio is currently 4.89%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Oppenheimer boosted their price target on shares of The Ensign Group from $165.00 to $168.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Macquarie boosted their price target on shares of The Ensign Group from $165.00 to $166.00 and gave the company an “outperform” rating in a research report on Tuesday, February 4th. UBS Group assumed coverage on shares of The Ensign Group in a research report on Thursday, November 21st. They set a “buy” rating and a $175.00 price target on the stock. Truist Financial reduced their price target on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Finally, Stephens reiterated an “overweight” rating and set a $155.00 price target on shares of The Ensign Group in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $165.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Retirement Wealth Solutions LLC bought a new position in shares of The Ensign Group in the fourth quarter worth approximately $25,000. Avior Wealth Management LLC lifted its stake in shares of The Ensign Group by 190.1% in the fourth quarter. Avior Wealth Management LLC now owns 206 shares of the company’s stock worth $27,000 after buying an additional 135 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in shares of The Ensign Group by 150.6% in the fourth quarter. Venturi Wealth Management LLC now owns 208 shares of the company’s stock worth $28,000 after buying an additional 125 shares in the last quarter. Signaturefd LLC lifted its stake in shares of The Ensign Group by 115.2% in the third quarter. Signaturefd LLC now owns 284 shares of the company’s stock worth $41,000 after buying an additional 152 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its stake in shares of The Ensign Group by 38.8% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company’s stock worth $47,000 after buying an additional 99 shares in the last quarter. Institutional investors own 96.12% of the company’s stock.

About The Ensign Group

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.