The Ensign Group, Inc. (NASDAQ:ENSG) Shares Bought by Intrust Bank NA

Intrust Bank NA grew its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 2.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,239 shares of the company’s stock after purchasing an additional 117 shares during the period. Intrust Bank NA’s holdings in The Ensign Group were worth $563,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Synovus Financial Corp boosted its holdings in The Ensign Group by 90.2% during the third quarter. Synovus Financial Corp now owns 14,618 shares of the company’s stock worth $2,102,000 after buying an additional 6,931 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of The Ensign Group by 67.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 13,924 shares of the company’s stock worth $2,038,000 after acquiring an additional 5,632 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of The Ensign Group by 26.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 379,608 shares of the company’s stock worth $54,595,000 after acquiring an additional 78,570 shares during the period. Citigroup Inc. increased its stake in The Ensign Group by 25.4% in the 3rd quarter. Citigroup Inc. now owns 59,877 shares of the company’s stock valued at $8,612,000 after purchasing an additional 12,114 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in The Ensign Group by 5.4% during the third quarter. Janus Henderson Group PLC now owns 70,896 shares of the company’s stock worth $10,201,000 after purchasing an additional 3,657 shares during the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.

The Ensign Group Trading Up 0.2 %

Shares of ENSG opened at $128.74 on Friday. The Ensign Group, Inc. has a twelve month low of $113.27 and a twelve month high of $158.45. The firm has a market capitalization of $7.40 billion, a P/E ratio of 25.19, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98. 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 stock’s fifty day simple moving average is $132.31 and its 200 day simple moving average is $140.07.

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

The Ensign Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date of this dividend is Monday, March 31st. The Ensign Group’s dividend payout ratio is presently 4.89%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ENSG. Macquarie boosted their price objective on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 4th. Stephens reissued an “overweight” rating and set a $155.00 price objective on shares of The Ensign Group in a research note on Thursday, February 6th. Finally, Truist Financial reduced their price target on The Ensign Group from $170.00 to $155.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $165.17.

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $138.48, for a total transaction of $96,936.00. Following the transaction, the director now directly owns 30,752 shares of the company’s stock, valued at approximately $4,258,536.96. The trade was a 2.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Christopher R. Christensen sold 39,086 shares of the company’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total transaction of $5,805,052.72. Following the completion of the transaction, the chairman now owns 12,539 shares of the company’s stock, valued at $1,862,292.28. This trade represents a 75.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 43,186 shares of company stock worth $6,345,115. 3.90% of the stock is currently owned by corporate insiders.

The Ensign Group Profile

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.