The Ensign Group, Inc. (NASDAQ:ENSG) Stock Holdings Lessened by Victory Capital Management Inc.

Victory Capital Management Inc. cut its holdings in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 2.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 239,463 shares of the company's stock after selling 5,862 shares during the period. Victory Capital Management Inc. owned 0.42% of The Ensign Group worth $31,815,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Nisa Investment Advisors LLC increased its stake in The Ensign Group by 0.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 11,571 shares of the company's stock valued at $1,538,000 after purchasing an additional 78 shares during the last quarter. Central Pacific Bank Trust Division increased its stake in shares of The Ensign Group by 7.3% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,180 shares of the company's stock valued at $157,000 after acquiring an additional 80 shares during the last quarter. Equitable Trust Co. lifted its holdings in shares of The Ensign Group by 1.8% during the 4th quarter. Equitable Trust Co. now owns 4,998 shares of the company's stock worth $664,000 after acquiring an additional 87 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of The Ensign Group by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 1,731 shares of the company's stock worth $230,000 after acquiring an additional 87 shares during the period. Finally, DeDora Capital Inc. boosted its position in shares of The Ensign Group by 1.4% in the fourth quarter. DeDora Capital Inc. now owns 7,188 shares of the company's stock worth $955,000 after acquiring an additional 98 shares during 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

A number of research firms have weighed in on ENSG. Truist Financial cut their price target on shares of 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. UBS Group assumed coverage on The Ensign Group in a research report on Thursday, November 21st. They issued a "buy" rating and a $175.00 target price on the stock. Stephens reissued an "overweight" rating and set a $155.00 price target on shares of The Ensign Group in a research report on Thursday, February 6th. Finally, Macquarie upped their price target 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 assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $165.17.

The Ensign Group Stock Down 0.2 %

Shares of ENSG stock traded down $0.19 during trading hours on Thursday, reaching $125.47. The company had a trading volume of 216,625 shares, compared to its average volume of 387,736. The company has a market capitalization of $7.21 billion, a P/E ratio of 24.55, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98. 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 twelve month low of $113.27 and a twelve month high of $158.45. The stock's fifty day simple moving average is $133.34 and its 200 day simple moving average is $141.84.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last released 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 return on equity of 17.07% and a net margin of 6.99%. As a group, sell-side analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a dividend of $0.0625 per share. This is an increase from The Ensign Group's previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, December 31st. This represents a $0.25 annualized dividend and a yield of 0.20%. The Ensign Group's payout ratio is 4.89%.

Insiders Place Their Bets

In other The Ensign Group news, Chairman Christopher R. Christensen sold 39,086 shares of The Ensign Group stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $148.52, for a total transaction of $5,805,052.72. Following the sale, the chairman now directly owns 12,539 shares in the company, valued at $1,862,292.28. The trade was a 75.71 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total transaction of $96,936.00. Following the sale, 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 43,186 shares of company stock worth $6,345,115 in the last quarter. 3.90% of the stock is owned by corporate 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.