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 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.
Recommended Story: What are the benefits of momentum investing?
Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.