OLD Mission Capital LLC Has $671,000 Position in The Ensign Group, Inc. (NASDAQ:ENSG)

OLD Mission Capital LLC decreased its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 83.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,054 shares of the company's stock after selling 24,856 shares during the quarter. OLD Mission Capital LLC's holdings in The Ensign Group were worth $671,000 at the end of the most recent quarter.

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

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Insider Transactions at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $138.48, for a total value of $96,936.00. Following the completion of the sale, the director now directly owns 30,752 shares in the company, valued at approximately $4,258,536.96. The trade was a 2.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daren Shaw sold 2,000 shares of the company's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $129.66, for a total value of $259,320.00. Following the sale, the director now owns 26,325 shares of the company's stock, 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 sold a total of 42,486 shares of company stock worth $6,251,714 over the last quarter. Company insiders own 3.90% of the company's stock.

The Ensign Group Stock Down 2.9 %

Shares of NASDAQ:ENSG traded down $3.71 during midday trading on Thursday, hitting $125.58. The stock had a trading volume of 52,457 shares, compared to its average volume of 459,568. The business's 50-day simple moving average is $130.16 and its 200-day simple moving average is $138.54. The Ensign Group, Inc. has a 12 month low of $113.27 and a 12 month high of $158.45. The company has a market cap of $7.22 billion, a P/E ratio of 24.58, a PEG ratio of 1.52 and a beta of 0.91. 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 (NASDAQ:ENSG - Get Free Report) last issued 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 net margin of 6.99% and a return on equity of 17.07%. On average, sell-side analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a dividend of $0.0625 per share. The ex-dividend date is Monday, March 31st. This represents a $0.25 annualized dividend and a yield of 0.20%. The Ensign Group's dividend payout ratio (DPR) is presently 4.89%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ENSG shares. Truist Financial reduced their price target on shares of The Ensign Group from $170.00 to $155.00 and set a "hold" rating for the company in a report on Monday, January 6th. Stephens reiterated an "overweight" rating and set a $155.00 target price on shares of The Ensign Group in a report on Thursday, February 6th. Finally, Macquarie boosted their price target on The Ensign Group from $165.00 to $166.00 and gave the company an "outperform" rating in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company 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.