Quantbot Technologies LP Acquires 10,717 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

Quantbot Technologies LP lifted its holdings in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 48.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,865 shares of the company's stock after acquiring an additional 10,717 shares during the period. Quantbot Technologies LP owned approximately 0.06% of The Ensign Group worth $4,366,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. FMR LLC grew its stake in The Ensign Group by 42.3% during the third quarter. FMR LLC now owns 1,995,971 shares of the company's stock worth $287,061,000 after purchasing an additional 593,779 shares during the period. Geode Capital Management LLC increased its stake in shares of The Ensign Group by 5.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,363,822 shares of the company's stock valued at $196,181,000 after acquiring an additional 66,314 shares in the last quarter. Crewe Advisors LLC lifted its position in shares of The Ensign Group by 0.9% during the 3rd quarter. Crewe Advisors LLC now owns 1,110,692 shares of the company's stock valued at $159,740,000 after acquiring an additional 10,221 shares during the period. Copeland Capital Management LLC boosted its stake in The Ensign Group by 0.8% during the fourth quarter. Copeland Capital Management LLC now owns 944,077 shares of the company's stock worth $125,430,000 after acquiring an additional 7,542 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in The Ensign Group by 3.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 800,606 shares of the company's stock worth $115,143,000 after acquiring an additional 23,381 shares in the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several research firms have weighed in on ENSG. Stephens reaffirmed an "overweight" rating and issued a $155.00 price target on shares of The Ensign Group in a research note on Thursday, February 6th. Macquarie boosted their target price on The Ensign Group from $165.00 to $166.00 and gave the company an "outperform" rating in a research report on Tuesday, February 4th. Finally, Truist Financial cut their price target on The Ensign Group from $170.00 to $155.00 and set a "hold" rating on the stock in a report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $165.17.

Insiders Place Their Bets

In related news, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $138.48, for a total transaction of $96,936.00. Following the transaction, the director now directly owns 30,752 shares of the company's stock, valued at $4,258,536.96. This trade represents a 2.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Daren Shaw sold 2,000 shares of the company's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $129.66, for a total transaction of $259,320.00. Following the completion of the sale, the director now directly owns 26,325 shares of the company's stock, valued at $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 43,186 shares of company stock valued at $6,345,115 in the last three months. 3.90% of the stock is currently owned by insiders.

The Ensign Group Stock Down 0.9 %

Shares of NASDAQ:ENSG traded down $1.22 during midday trading on Wednesday, hitting $128.79. 433,876 shares of the company's stock were exchanged, compared to its average volume of 393,404. 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, Inc. has a 12 month low of $113.27 and a 12 month high of $158.45. The company has a market cap of $7.40 billion, a PE ratio of 25.20, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98. The stock has a 50 day moving average price of $132.74 and a 200-day moving average price of $140.47.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $1.36 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, sell-side analysts anticipate that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

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 paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.19%. The ex-dividend date of this dividend is Monday, March 31st. The Ensign Group's dividend payout ratio (DPR) is presently 4.89%.

The Ensign Group 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.