Teachers Retirement System of The State of Kentucky Has $9.84 Million Stake in The Ensign Group, Inc. (NASDAQ:ENSG)

Teachers Retirement System of The State of Kentucky grew its holdings in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 59.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,437 shares of the company's stock after acquiring an additional 25,383 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.12% of The Ensign Group worth $9,843,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. AlphaMark Advisors LLC purchased a new position in shares of The Ensign Group in the 2nd quarter valued at $318,000. Ellsworth Advisors LLC increased its position in shares of The Ensign Group by 6.8% during the second quarter. Ellsworth Advisors LLC now owns 4,538 shares of the company's stock worth $561,000 after purchasing an additional 287 shares in the last quarter. Blue Trust Inc. increased its position in shares of The Ensign Group by 21.2% during the second quarter. Blue Trust Inc. now owns 429 shares of the company's stock worth $53,000 after purchasing an additional 75 shares in the last quarter. Lifestyle Asset Management Inc. boosted its position in shares of The Ensign Group by 19.1% in the 2nd quarter. Lifestyle Asset Management Inc. now owns 2,313 shares of the company's stock valued at $286,000 after purchasing an additional 371 shares during the period. Finally, West Coast Financial LLC acquired a new stake in shares of The Ensign Group in the 2nd quarter valued at about $4,019,000. Institutional investors and hedge funds own 96.12% of the company's stock.

The Ensign Group Stock Down 1.1 %

Shares of NASDAQ:ENSG traded down $1.61 during mid-day trading on Thursday, hitting $141.28. 240,537 shares of the company traded hands, compared to its average volume of 372,763. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.56 and a current ratio of 1.56. The Ensign Group, Inc. has a 52-week low of $107.70 and a 52-week high of $158.45. The firm's 50 day simple moving average is $147.49 and its 200 day simple moving average is $140.36. The firm has a market cap of $8.09 billion, a P/E ratio of 34.21, a PEG ratio of 1.91 and a beta of 0.92.

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

The Ensign Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other The Ensign Group news, CEO Barry Port sold 2,000 shares of the business's stock in a transaction dated Friday, October 25th. The shares were 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 in the company, valued at approximately $8,325,980. The trade was a 3.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.90% of the company's stock.

The Ensign Group Company Profile

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.