The Ensign Group, Inc. (NASDAQ:ENSG) Shares Purchased by Jump Financial LLC

Jump Financial LLC grew its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 233.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,962 shares of the company's stock after acquiring an additional 32,159 shares during the period. Jump Financial LLC owned about 0.08% of The Ensign Group worth $6,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Retirement Wealth Solutions LLC bought a new position in The Ensign Group in the 4th quarter worth approximately $25,000. Avior Wealth Management LLC lifted its holdings in shares of The Ensign Group by 190.1% in the 4th quarter. Avior Wealth Management LLC now owns 206 shares of the company's stock worth $27,000 after acquiring an additional 135 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in The Ensign Group by 150.6% during the 4th quarter. Venturi Wealth Management LLC now owns 208 shares of the company's stock valued at $28,000 after acquiring an additional 125 shares during the period. CBIZ Investment Advisory Services LLC increased its stake in The Ensign Group by 38.8% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company's stock worth $47,000 after buying an additional 99 shares during the period. Finally, Asset Planning Inc bought a new stake in shares of The Ensign Group during the fourth quarter valued at approximately $80,000. 96.12% of the stock is currently owned by institutional investors.

The Ensign Group Price Performance

ENSG traded down $0.20 during midday trading on Friday, hitting $127.98. 405,858 shares of the company traded hands, compared to its average volume of 427,182. The Ensign Group, Inc. has a 52-week low of $113.27 and a 52-week 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 $128.90 and a two-hundred day simple moving average of $137.69. The company has a market capitalization of $7.35 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 1.52 and a beta of 0.91.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted 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, equities analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a dividend of $0.0625 per share. The ex-dividend date is Monday, March 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.20%. The Ensign Group's payout ratio is currently 4.89%.

Insider Activity

In other news, Director Barry M. Smith sold 700 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $129.15, for a total transaction of $90,405.00. Following the completion of the sale, the director now owns 30,052 shares in the company, valued at $3,881,215.80. This represents a 2.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Christopher R. Christensen sold 39,086 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $148.52, for a total value of $5,805,052.72. Following the transaction, the chairman now directly 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. In the last quarter, insiders sold 42,486 shares of company stock worth $6,251,714. Corporate insiders own 3.90% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Stephens reissued an "overweight" rating and set a $155.00 price objective on shares of The Ensign Group in a report on Thursday, February 6th. Truist Financial decreased 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 target price on 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 research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus 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.