Keeley Teton Advisors LLC lowered its holdings in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 4.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,433 shares of the company's stock after selling 3,755 shares during the period. The Ensign Group makes up 1.2% of Keeley Teton Advisors LLC's investment portfolio, making the stock its 4th largest position. Keeley Teton Advisors LLC owned about 0.13% of The Ensign Group worth $10,155,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of ENSG. FMR LLC lifted its position in The Ensign Group by 4.3% during the fourth quarter. FMR LLC now owns 2,082,647 shares of the company's stock valued at $276,701,000 after purchasing an additional 86,676 shares during the last quarter. Geode Capital Management LLC grew its position in The Ensign Group by 5.1% in the third quarter. Geode Capital Management LLC now owns 1,363,822 shares of the company's stock worth $196,181,000 after acquiring an additional 66,314 shares in the last quarter. Copeland Capital Management LLC increased its stake in The Ensign Group by 0.8% in the fourth quarter. Copeland Capital Management LLC now owns 944,077 shares of the company's stock valued at $125,430,000 after acquiring an additional 7,542 shares during the last quarter. Norges Bank purchased a new stake in The Ensign Group during the fourth quarter valued at about $90,747,000. Finally, Bank of New York Mellon Corp lifted its stake in The Ensign Group by 8.2% during the fourth quarter. Bank of New York Mellon Corp now owns 557,717 shares of the company's stock worth $74,098,000 after purchasing an additional 42,184 shares during the last quarter. Institutional investors own 96.12% of the company's stock.
The Ensign Group Stock Performance
Shares of NASDAQ:ENSG traded down $0.20 during trading on Friday, hitting $127.98. The company's stock had a trading volume of 405,858 shares, compared to its average volume of 426,537. The company has a 50-day moving average of $128.90 and a 200-day moving average of $137.69. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 25.05, a P/E/G ratio of 1.52 and a beta of 0.91. The Ensign Group, Inc. has a 12 month low of $113.27 and a 12 month high of $158.45. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.56.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.11). The Ensign Group had a net margin of 6.99% and a return on equity of 17.07%. On average, sell-side analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.
The Ensign Group Announces Dividend
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 paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.25 annualized dividend and a yield of 0.20%. The Ensign Group's payout ratio is 4.89%.
Analysts Set New Price Targets
Several research firms recently commented on ENSG. Macquarie increased their target price on shares of The Ensign Group from $165.00 to $166.00 and gave the company an "outperform" rating in a report on Tuesday, February 4th. Stephens restated an "overweight" rating and set a $155.00 price target on shares of The Ensign Group in a research report on Thursday, February 6th. Finally, Truist Financial lowered their target price on The Ensign Group from $170.00 to $155.00 and set a "hold" rating for the company in a research note on Monday, January 6th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $165.17.
View Our Latest Research Report on ENSG
Insiders Place Their Bets
In other news, Director Barry M. Smith sold 700 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total transaction of $96,936.00. Following the transaction, the director now owns 30,752 shares of the company's stock, valued at approximately $4,258,536.96. The trade was a 2.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Daren Shaw sold 2,000 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $129.66, for a total value of $259,320.00. Following the completion of the sale, the director now owns 26,325 shares in the company, valued at approximately $3,413,299.50. The trade was a 7.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 42,486 shares of company stock worth $6,251,714 in the last 90 days. 3.90% of the stock is currently owned by corporate insiders.
The Ensign Group Profile
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Free Report)
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.
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