Insider Selling: The Ensign Group, Inc. (NASDAQ:ENSG) Director Sells $107,563.75 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director Daren Shaw sold 2,375 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $45.29, for a total value of $107,563.75. Following the completion of the transaction, the director now owns 46,125 shares in the company, valued at approximately $2,089,001.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Daren Shaw also recently made the following trade(s):

  • On Friday, July 24th, Daren Shaw sold 1,000 shares of The Ensign Group stock. The stock was sold at an average price of $45.56, for a total value of $45,560.00.
  • On Wednesday, June 3rd, Daren Shaw sold 500 shares of The Ensign Group stock. The shares were sold at an average price of $45.00, for a total value of $22,500.00.

The Ensign Group stock opened at $46.55 on Friday. The firm has a 50 day moving average price of $42.76 and a 200-day moving average price of $41.99. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.94. The Ensign Group, Inc. has a twelve month low of $24.06 and a twelve month high of $63.00. The company has a market capitalization of $2.45 billion, a P/E ratio of 21.06, a P/E/G ratio of 1.28 and a beta of 0.83.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.61 by $0.16. The Ensign Group had a return on equity of 18.88% and a net margin of 5.33%. The business had revenue of $589.60 million for the quarter, compared to the consensus estimate of $582.73 million. During the same quarter in the prior year, the business earned $0.55 earnings per share. The Ensign Group’s revenue for the quarter was up 25.1% on a year-over-year basis. Equities analysts expect that The Ensign Group, Inc. will post 2.38 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, June 29th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.43%. The Ensign Group’s dividend payout ratio is presently 9.57%.

Hedge funds have recently bought and sold shares of the company. FMR LLC raised its stake in The Ensign Group by 119.0% in the 1st quarter. FMR LLC now owns 1,682 shares of the company’s stock valued at $86,000 after acquiring an additional 914 shares during the period. Amundi Pioneer Asset Management Inc. increased its stake in shares of The Ensign Group by 5.2% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 112,892 shares of the company’s stock worth $5,779,000 after purchasing an additional 5,607 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of The Ensign Group by 70.1% in the fourth quarter. Victory Capital Management Inc. now owns 23,434 shares of the company’s stock valued at $1,063,000 after purchasing an additional 9,661 shares during the period. Raymond James & Associates raised its position in shares of The Ensign Group by 40.1% in the fourth quarter. Raymond James & Associates now owns 18,475 shares of the company’s stock valued at $838,000 after purchasing an additional 5,285 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of The Ensign Group by 9.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 327,136 shares of the company’s stock valued at $14,842,000 after buying an additional 27,491 shares in the last quarter. Institutional investors own 83.33% of the company’s stock.

Several analysts have recently issued reports on the stock. SunTrust Banks increased their target price on shares of The Ensign Group from $46.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, June 11th. Zacks Investment Research upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research note on Monday, May 11th. Royal Bank of Canada reissued a “buy” rating and set a $48.00 target price on shares of The Ensign Group in a research report on Monday, April 20th. BidaskClub lowered The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Stephens reiterated a “hold” rating and set a $40.00 price target on shares of The Ensign Group in a report on Tuesday, May 12th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $50.29.

About The Ensign Group

The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in three segments: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. The Transitional and Skilled Services segment offers a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services, such as daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.

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Insider Buying and Selling by Quarter for The Ensign Group (NASDAQ:ENSG)

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