The Ensign Group, Inc. (NASDAQ:ENSG) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,896 shares of the company's stock after purchasing an additional 3,657 shares during the quarter. Janus Henderson Group PLC owned about 0.12% of The Ensign Group worth $10,201,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Baillie Gifford & Co. purchased a new position in The Ensign Group in the third quarter worth $151,827,000. FMR LLC raised its position in The Ensign Group by 42.3% in the third quarter. FMR LLC now owns 1,995,971 shares of the company's stock worth $287,061,000 after acquiring an additional 593,779 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in The Ensign Group in the third quarter worth $18,843,000. F M Investments LLC purchased a new position in The Ensign Group in the second quarter worth $14,370,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in The Ensign Group in the third quarter worth $9,565,000. Hedge funds and other institutional investors own 96.12% of the company's stock.

The Ensign Group Price Performance

Shares of ENSG traded down $2.09 during trading hours on Monday, reaching $142.14. 229,217 shares of the company traded hands, compared to its average volume of 373,926. 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 stock has a market capitalization of $8.14 billion, a PE ratio of 34.42, a price-to-earnings-growth ratio of 1.91 and a beta of 0.92. The Ensign Group, Inc. has a fifty-two week low of $106.36 and a fifty-two week high of $158.45. The stock has a fifty day simple moving average of $147.67 and a 200 day simple moving average of $140.17.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.01. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.07 billion. The Ensign Group had a return on equity of 17.21% and a net margin of 5.84%. The business's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. As a group, research analysts predict that The Ensign Group, Inc. will post 5.02 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.17%. The ex-dividend date was Monday, September 30th. The Ensign Group's payout ratio is currently 5.81%.

Insider Activity at The Ensign Group

In other The Ensign Group news, CEO Barry Port sold 2,000 shares of the firm's stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $155.00, for a total value of $310,000.00. Following the sale, the chief executive officer now directly owns 53,716 shares of the company's stock, valued at approximately $8,325,980. This trade represents a 3.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ENSG shares. UBS Group started coverage on The Ensign Group in a research report on Thursday, November 21st. They issued a "buy" rating and a $175.00 price objective for the company. Royal Bank of Canada increased their price objective on The Ensign Group from $167.00 to $172.00 and gave the stock an "outperform" rating in a research report on Monday, October 28th. Truist Financial raised their price target on The Ensign Group from $160.00 to $170.00 and gave the company a "hold" rating in a research report on Monday, October 28th. Stephens raised their price target on The Ensign Group from $163.00 to $167.00 and gave the company an "overweight" rating in a research report on Monday, October 28th. Finally, Oppenheimer raised their price target on The Ensign Group from $165.00 to $168.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $164.33.

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.