Segall Bryant & Hamill LLC Raises Stock Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

Segall Bryant & Hamill LLC boosted its holdings in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 299,832 shares of the company's stock after buying an additional 10,410 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.52% of The Ensign Group worth $39,836,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Retirement Wealth Solutions LLC bought a new position in shares of The Ensign Group in the 4th quarter valued at $25,000. Avior Wealth Management LLC raised its holdings in The Ensign Group by 190.1% during the 4th quarter. Avior Wealth Management LLC now owns 206 shares of the company's stock worth $27,000 after purchasing an additional 135 shares during the last quarter. Venturi Wealth Management LLC lifted its position in shares of The Ensign Group by 150.6% in the 4th quarter. Venturi Wealth Management LLC now owns 208 shares of the company's stock worth $28,000 after purchasing an additional 125 shares during the period. CBIZ Investment Advisory Services LLC boosted its stake in shares of The Ensign Group by 38.8% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company's stock valued at $47,000 after purchasing an additional 99 shares during the last quarter. Finally, Asset Planning Inc acquired a new stake in shares of The Ensign Group during the fourth quarter worth $80,000. Institutional investors own 96.12% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Stephens restated an "overweight" rating and issued a $155.00 target price on shares of The Ensign Group in a report on Thursday, February 6th. Truist Financial dropped their price objective on The Ensign Group from $170.00 to $155.00 and set a "hold" rating on the stock in a research note on Monday, January 6th. Finally, Macquarie raised their target price on The Ensign Group from $165.00 to $166.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, The Ensign Group has an average rating of "Moderate Buy" and a consensus target price of $165.17.

The Ensign Group Stock Up 0.2 %

Shares of ENSG traded up $0.30 during trading hours on Friday, hitting $128.74. The stock had a trading volume of 305,417 shares, compared to its average volume of 414,691. 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 $7.40 billion, a P/E ratio of 25.19, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98. The firm has a 50 day simple moving average of $132.31 and a 200-day simple moving average of $140.07. 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 announced its quarterly earnings data on Wednesday, February 5th. The company reported $1.36 EPS 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%. Sell-side analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued 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 0.19%. The Ensign Group's payout ratio is 4.89%.

Insider Buying and Selling at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was 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 of the company's stock, valued at $4,258,536.96. This represents a 2.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Christopher R. Christensen sold 39,086 shares of The Ensign Group stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total value of $5,805,052.72. Following the transaction, the chairman now directly owns 12,539 shares in the company, valued at approximately $1,862,292.28. The trade was a 75.71 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 43,186 shares of company stock valued at $6,345,115. Corporate insiders own 3.90% of the company's stock.

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.