Fox Run Management L.L.C. Boosts Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

Fox Run Management L.L.C. grew its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 339.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,305 shares of the company's stock after purchasing an additional 7,961 shares during the quarter. Fox Run Management L.L.C.'s holdings in The Ensign Group were worth $1,369,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Nisa Investment Advisors LLC grew its position in The Ensign Group by 0.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,571 shares of the company's stock valued at $1,538,000 after buying an additional 78 shares during the last quarter. Central Pacific Bank Trust Division boosted its holdings in shares of The Ensign Group by 7.3% in the fourth quarter. Central Pacific Bank Trust Division now owns 1,180 shares of the company's stock valued at $157,000 after acquiring an additional 80 shares in the last quarter. Equitable Trust Co. increased its stake in shares of The Ensign Group by 1.8% during the fourth quarter. Equitable Trust Co. now owns 4,998 shares of the company's stock worth $664,000 after acquiring an additional 87 shares during the period. CIBC Asset Management Inc raised its holdings in The Ensign Group by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 1,731 shares of the company's stock worth $230,000 after purchasing an additional 87 shares in the last quarter. Finally, DeDora Capital Inc. lifted its position in The Ensign Group by 1.4% in the fourth quarter. DeDora Capital Inc. now owns 7,188 shares of the company's stock valued at $955,000 after purchasing an additional 98 shares during the period. Institutional investors and hedge funds own 96.12% of the company's stock.

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Insider Activity

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $138.48, for a total value of $96,936.00. Following the transaction, the director now directly owns 30,752 shares in the company, valued at approximately $4,258,536.96. This represents a 2.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Christopher R. Christensen sold 39,086 shares of The Ensign Group stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $148.52, for a total transaction of $5,805,052.72. Following the sale, the chairman now owns 12,539 shares of the company's stock, valued at approximately $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. Insiders have sold 43,186 shares of company stock worth $6,345,115 over the last three months. 3.90% of the stock is currently owned by corporate insiders.

The Ensign Group Price Performance

Shares of ENSG stock traded down $0.34 during mid-day trading on Tuesday, reaching $130.06. The stock had a trading volume of 116,694 shares, compared to its average volume of 392,547. The Ensign Group, Inc. has a 12-month low of $113.27 and a 12-month high of $158.45. 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 business has a 50-day simple moving average of $132.81 and a 200 day simple moving average of $140.61. The company has a market cap of $7.47 billion, a P/E ratio of 25.42, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates 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 earnings per share for the current year.

The Ensign Group Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Stephens reissued an "overweight" rating and set a $155.00 target price on shares of The Ensign Group in a research note on Thursday, February 6th. Truist Financial reduced their target price on The Ensign Group from $170.00 to $155.00 and set a "hold" rating for the company in a report on Monday, January 6th. Finally, Macquarie upped their price target on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $165.17.

About The Ensign Group

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.