Segall Bryant & Hamill LLC Buys 10,410 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

Segall Bryant & Hamill LLC boosted its position in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 3.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 299,832 shares of the company's stock after acquiring an additional 10,410 shares during the period. Segall Bryant & Hamill LLC owned 0.52% of The Ensign Group worth $39,836,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of ENSG. Natixis Advisors LLC increased its holdings in The Ensign Group by 1.7% during the 3rd quarter. Natixis Advisors LLC now owns 16,169 shares of the company's stock valued at $2,325,000 after purchasing an additional 272 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of The Ensign Group by 16.7% during the third quarter. PNC Financial Services Group Inc. now owns 6,763 shares of the company's stock valued at $973,000 after buying an additional 969 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of 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 valued at $115,143,000 after acquiring an additional 23,381 shares in the last quarter. Raymond James Trust N.A. lifted its stake in The Ensign Group by 78.6% in the third quarter. Raymond James Trust N.A. now owns 3,948 shares of the company's stock worth $568,000 after acquiring an additional 1,737 shares during the period. Finally, Citigroup Inc. boosted its holdings in The Ensign Group by 25.4% in the third quarter. Citigroup Inc. now owns 59,877 shares of the company's stock valued at $8,612,000 after acquiring an additional 12,114 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts have commented on ENSG shares. Macquarie upped their price objective on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an "outperform" rating in a report on Tuesday, February 4th. Stephens restated an "overweight" rating and issued a $155.00 price objective on shares of The Ensign Group in a report on Thursday, February 6th. Finally, 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 research report on Monday, January 6th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $165.17.

The Ensign Group Stock Down 0.1 %

ENSG traded down $0.17 during midday trading on Friday, reaching $128.28. The company's stock had a trading volume of 130,455 shares, compared to its average volume of 414,041. The stock's 50-day moving average is $132.47 and its 200-day moving average is $140.31. The Ensign Group, Inc. has a 1 year low of $113.27 and a 1 year high of $158.45. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of 25.04, a PEG ratio of 1.52 and a beta of 0.98. 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 Ensign Group (NASDAQ:ENSG - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.47 by ($0.11). The Ensign Group had a net margin of 6.99% and a return on equity of 17.07%. As a group, research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a $0.0625 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.25 annualized dividend and a yield of 0.19%. The Ensign Group's payout ratio is 4.89%.

Insider Buying and Selling at The Ensign Group

In other news, Chairman Christopher R. Christensen sold 39,086 shares of The Ensign Group stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total transaction of $5,805,052.72. Following the transaction, the chairman now owns 12,539 shares in the company, valued at $1,862,292.28. This trade represents a 75.71 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Daren Shaw sold 2,000 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $129.66, for a total transaction of $259,320.00. Following the sale, the director now directly 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 position. The disclosure for this sale can be found here. Insiders sold a total of 43,186 shares of company stock worth $6,345,115 in the last three months. 3.90% of the stock is currently owned by company insiders.

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.