Blueshift Asset Management LLC Invests $433,000 in The Ensign Group, Inc. (NASDAQ:ENSG)

Blueshift Asset Management LLC bought a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,262 shares of the company's stock, valued at approximately $433,000.

A number of other hedge funds also recently bought and sold shares of the company. Retirement Wealth Solutions LLC bought a new position in shares of The Ensign Group during the 4th quarter worth about $25,000. Avior Wealth Management LLC raised its position in 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 purchasing an additional 135 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of The Ensign Group by 150.6% in the 4th 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. CBIZ Investment Advisory Services LLC raised its stake in The Ensign Group by 38.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company's stock worth $47,000 after acquiring an additional 99 shares in the last quarter. Finally, Asset Planning Inc acquired a new stake in shares of The Ensign Group during the 4th quarter worth about $80,000. 96.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports 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. Macquarie boosted their price target on The Ensign Group from $165.00 to $166.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 4th. Finally, Stephens reissued an "overweight" rating and set a $155.00 target price on shares of The Ensign Group in a report on Thursday, February 6th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, The Ensign Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $165.17.

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The Ensign Group Trading Down 0.3 %

Shares of ENSG stock traded down $0.39 during trading hours on Tuesday, hitting $130.01. 367,854 shares of the company's stock traded hands, compared to its average volume of 392,547. The stock has a market cap of $7.47 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98. The stock's 50 day simple moving average is $132.81 and its 200 day simple moving average is $140.61. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The Ensign Group, Inc. has a 12 month low of $113.27 and a 12 month high of $158.45.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.11). The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. On average, sell-side analysts anticipate that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

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

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the company's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $133.43, for a total value of $93,401.00. Following the sale, the director now directly owns 30,852 shares of the company's stock, valued at approximately $4,116,582.36. This represents a 2.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Daren Shaw sold 2,000 shares of The Ensign Group stock in a transaction on Friday, February 14th. The stock was sold at an average price of $129.66, for a total transaction of $259,320.00. Following the transaction, the director now directly owns 26,325 shares of the company's stock, valued at $3,413,299.50. This represents a 7.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,186 shares of company stock worth $6,345,115 over the last ninety days. Insiders own 3.90% of the company's stock.

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.