Barry Port Sells 5,901 Shares of The Ensign Group, Inc. (ENSG) Stock

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 Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.02). The Ensign Group had a net margin of 2.65% and a return on equity of 13.15%. equities analysts anticipate that The Ensign Group, Inc. will post 1.28 EPS for the current year.

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.

Insider Buying and Selling by Quarter for The Ensign Group (NASDAQ:ENSG)

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