The Ensign Group, Inc. (NASDAQ:ENSG) Shares Sold by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD cut its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 13.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 696,061 shares of the company's stock after selling 105,556 shares during the quarter. Price T Rowe Associates Inc. MD owned 1.21% of The Ensign Group worth $92,480,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

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

The Ensign Group Stock Performance

NASDAQ ENSG opened at $126.04 on Monday. The business has a 50 day moving average price of $128.45 and a 200 day moving average price of $136.82. The company has a market capitalization of $7.26 billion, a P/E ratio of 24.67, a PEG ratio of 1.52 and a beta of 0.91. The Ensign Group, Inc. has a 1-year low of $113.27 and a 1-year high of $158.45. 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 results 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%. Sell-side analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The firm 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 dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend is Monday, March 31st. The Ensign Group's payout ratio is currently 4.89%.

Insider Activity

In related news, Director Daren Shaw sold 2,000 shares of the company's stock in a transaction that occurred on Friday, February 14th. The stock was 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. This represents a 7.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction 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 transaction, the director now directly owns 30,752 shares of the company's stock, valued at $4,258,536.96. The trade was a 2.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 42,486 shares of company stock worth $6,251,714 over the last ninety days. 3.90% of the stock is currently owned by insiders.

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.

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