The Ensign Group, Inc. (NASDAQ:ENSG) VP Barry Port sold 5,901 shares of The Ensign Group stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $24.11, for a total value of $142,273.11. Following the sale, the vice president now directly owns 125,584 shares in the company, valued at $3,027,830.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Barry Port also recently made the following trade(s):
- On Monday, November 20th, Barry Port sold 10,000 shares of The Ensign Group stock. The shares were sold at an average price of $24.00, for a total value of $240,000.00.
Shares of The Ensign Group, Inc. (NASDAQ ENSG) opened at $23.89 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $1,222.48, a PE ratio of 26.54 and a beta of 0.83. The Ensign Group, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $24.78.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Sunday, December 31st will be issued a $0.045 dividend. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, December 28th. The Ensign Group’s payout ratio is currently 20.00%.
A number of institutional investors have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. increased its holdings in The Ensign Group by 27.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 317,235 shares of the company’s stock valued at $7,043,000 after buying an additional 67,692 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in The Ensign Group by 77.5% in the third quarter. Public Employees Retirement System of Ohio now owns 203,924 shares of the company’s stock valued at $4,607,000 after acquiring an additional 89,040 shares during the period. California Public Employees Retirement System acquired a new position in The Ensign Group in the third quarter valued at approximately $463,000. Granahan Investment Management Inc. MA boosted its stake in The Ensign Group by 28.4% in the third quarter. Granahan Investment Management Inc. MA now owns 149,261 shares of the company’s stock valued at $3,372,000 after acquiring an additional 33,051 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its stake in The Ensign Group by 30.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 9,754 shares of the company’s stock valued at $220,000 after acquiring an additional 2,260 shares during the period. 84.77% of the stock is owned by hedge funds and other institutional investors.
Several analysts recently weighed in on the company. BidaskClub lowered The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Royal Bank of Canada boosted their price objective on The Ensign Group to $27.00 and gave the company an “outperform” rating in a report on Monday, November 20th. ValuEngine lowered The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, Cantor Fitzgerald boosted their price objective on The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $26.67.
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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.
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