The Ensign Group, Inc. (NASDAQ:ENSG) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 12.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,531 shares of the company’s stock after selling 4,123 shares during the quarter. Los Angeles Capital Management LLC owned 0.05% of The Ensign Group worth $3,550,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ENSG. Scarborough Advisors LLC acquired a new stake in shares of The Ensign Group in the fourth quarter worth $35,000. Global Retirement Partners LLC increased its holdings in The Ensign Group by 43.3% in the 4th quarter. Global Retirement Partners LLC now owns 470 shares of the company’s stock valued at $55,000 after purchasing an additional 142 shares in the last quarter. Assetmark Inc. raised its position in The Ensign Group by 1,126.8% in the fourth quarter. Assetmark Inc. now owns 503 shares of the company’s stock valued at $56,000 after purchasing an additional 462 shares during the period. SRS Capital Advisors Inc. boosted its position in shares of The Ensign Group by 333.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 576 shares of the company’s stock worth $65,000 after buying an additional 443 shares during the period. Finally, TFO Wealth Partners LLC grew its stake in shares of The Ensign Group by 29,750.0% in the fourth quarter. TFO Wealth Partners LLC now owns 597 shares of the company’s stock valued at $67,000 after buying an additional 595 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Price Performance

Shares of NASDAQ ENSG opened at $119.88 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.09. The Ensign Group, Inc. has a fifty-two week low of $88.79 and a fifty-two week high of $127.57. The business has a 50 day moving average price of $118.82 and a two-hundred day moving average price of $118.27. The firm has a market cap of $6.82 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.63 and a beta of 0.99.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.19. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. The Ensign Group had a net margin of 5.67% and a return on equity of 17.60%. Sell-side analysts expect that The Ensign Group, Inc. will post 4.95 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Sunday, June 30th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.20%. The Ensign Group’s dividend payout ratio (DPR) is presently 6.32%.

Analysts Set New Price Targets

ENSG has been the subject of a number of analyst reports. Oppenheimer upped their price target on The Ensign Group from $130.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, May 6th. Stephens restated an “overweight” rating and issued a $135.00 target price on shares of The Ensign Group in a research note on Tuesday, April 23rd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, The Ensign Group presently has an average rating of “Moderate Buy” and a consensus price target of $124.60.

Insider Transactions at The Ensign Group

In related news, Director Daren Shaw sold 4,463 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $118.96, for a total value of $530,918.48. Following the completion of the sale, the director now directly owns 32,250 shares of the company’s stock, valued at $3,836,460. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other The Ensign Group news, Director Daren Shaw sold 4,463 shares of The Ensign Group stock in a transaction on Monday, April 15th. The shares were sold at an average price of $118.96, for a total value of $530,918.48. Following the completion of the transaction, the director now owns 32,250 shares of the company’s stock, valued at $3,836,460. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ann Scott Blouin sold 350 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $116.47, for a total transaction of $40,764.50. Following the sale, the director now directly owns 20,002 shares in the company, valued at $2,329,632.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,813 shares of company stock valued at $808,203. Insiders own 3.90% of the company’s stock.

The Ensign Group Company 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.