The Ensign Group, Inc. (NASDAQ:ENSG) Director Sells $45,560.00 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director Daren Shaw sold 1,000 shares of The Ensign Group stock in a transaction on Friday, July 24th. The shares were sold at an average price of $45.56, for a total value of $45,560.00. Following the sale, the director now directly owns 46,125 shares of the company’s stock, valued at $2,101,455. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Monday, July 27th, Daren Shaw sold 2,375 shares of The Ensign Group stock. The stock was sold at an average price of $45.29, for a total value of $107,563.75.
  • 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.

NASDAQ:ENSG opened at $46.55 on Friday. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 1.30 and a beta of 0.83. The Ensign Group, Inc. has a 52 week low of $24.06 and a 52 week high of $63.00. 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 firm has a 50 day moving average of $42.76 and a 200 day moving average of $41.99.

The Ensign Group (NASDAQ:ENSG) last issued 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 firm had revenue of $589.60 million during the quarter, compared to analyst estimates of $582.73 million. The Ensign Group had a return on equity of 18.88% and a net margin of 5.33%. The business’s revenue for the quarter was up 25.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.55 EPS. As a group, analysts expect that The Ensign Group, Inc. will post 2.38 EPS for the current year.

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

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

Several hedge funds have recently modified their holdings of ENSG. Wasatch Advisors Inc. increased its holdings in shares of The Ensign Group by 17.3% during the first quarter. Wasatch Advisors Inc. now owns 5,585,805 shares of the company’s stock valued at $210,082,000 after acquiring an additional 825,329 shares in the last quarter. State Street Corp grew its position in The Ensign Group by 6.8% during the 1st quarter. State Street Corp now owns 1,652,519 shares of the company’s stock worth $62,233,000 after purchasing an additional 105,222 shares during the last quarter. Copeland Capital Management LLC grew its position in The Ensign Group by 9.2% during the 2nd quarter. Copeland Capital Management LLC now owns 928,187 shares of the company’s stock worth $38,844,000 after purchasing an additional 78,565 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in The Ensign Group by 204,560.4% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 920,972 shares of the company’s stock valued at $34,638,000 after purchasing an additional 920,522 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of The Ensign Group in the fourth quarter worth $34,424,000. Institutional investors and hedge funds own 83.33% of the company’s stock.

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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