The Ensign Group, Inc. (ENSG) Holdings Increased by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA boosted its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 55.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,657 shares of the company’s stock after buying an additional 9,474 shares during the period. BNP Paribas Arbitrage SA owned about 0.05% of The Ensign Group worth $602,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Pinebridge Investments L.P. raised its holdings in The Ensign Group by 0.6% during the 2nd quarter. Pinebridge Investments L.P. now owns 6,280 shares of the company’s stock worth $137,000 after buying an additional 38 shares during the period. UBS Asset Management Americas Inc. raised its holdings in The Ensign Group by 0.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 16,262 shares of the company’s stock worth $354,000 after buying an additional 62 shares during the period. Texas Permanent School Fund raised its holdings in The Ensign Group by 0.5% during the 2nd quarter. Texas Permanent School Fund now owns 34,797 shares of the company’s stock worth $758,000 after buying an additional 157 shares during the period. Alliancebernstein L.P. raised its holdings in The Ensign Group by 0.6% during the 2nd quarter. Alliancebernstein L.P. now owns 66,938 shares of the company’s stock worth $1,457,000 after buying an additional 400 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its holdings in The Ensign Group by 4.8% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 11,300 shares of the company’s stock worth $246,000 after buying an additional 520 shares during the period. Hedge funds and other institutional investors own 84.87% of the company’s stock.

Several equities analysts have weighed in on the company. BidaskClub cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday. Cantor Fitzgerald lifted their target price on The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. ValuEngine cut The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $21.00 target price on shares of The Ensign Group in a research note on Tuesday, November 7th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.50.

In related news, Director Antoinette T. Hubenette sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $20.95, for a total value of $52,375.00. Following the completion of the sale, the director now owns 24,626 shares of the company’s stock, valued at approximately $515,914.70. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Barry Port sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the sale, the vice president now directly owns 134,684 shares of the company’s stock, valued at approximately $3,232,416. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,029 shares of company stock worth $304,739. Company insiders own 6.20% of the company’s stock.

The Ensign Group, Inc. (NASDAQ ENSG) opened at $22.65 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 1.53. The Ensign Group, Inc. has a 12 month low of $16.50 and a 12 month high of $24.78. The firm has a market capitalization of $1,151.85, a PE ratio of 19.08 and a beta of 0.82.

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The Ensign Group 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.

Institutional Ownership by Quarter for The Ensign Group (NASDAQ:ENSG)

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