First Hawaiian Bank Has $339,000 Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

First Hawaiian Bank lessened its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 61.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,723 shares of the company’s stock after selling 4,340 shares during the quarter. First Hawaiian Bank’s holdings in The Ensign Group were worth $339,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of ENSG. HighTower Advisors LLC grew its holdings in shares of The Ensign Group by 29.1% during the 3rd quarter. HighTower Advisors LLC now owns 13,704 shares of the company’s stock worth $1,271,000 after purchasing an additional 3,085 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of The Ensign Group by 17.4% during the 3rd quarter. Deutsche Bank AG now owns 31,050 shares of the company’s stock worth $2,885,000 after purchasing an additional 4,593 shares in the last quarter. Paralel Advisors LLC grew its holdings in shares of The Ensign Group by 1.3% during the 3rd quarter. Paralel Advisors LLC now owns 20,039 shares of the company’s stock worth $1,862,000 after purchasing an additional 250 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in shares of The Ensign Group during the 3rd quarter worth approximately $472,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of The Ensign Group during the 3rd quarter worth approximately $894,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Trading Up 1.0 %

Shares of ENSG opened at $121.04 on Friday. The stock has a fifty day moving average price of $118.86 and a two-hundred day moving average price of $118.42. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.53 and a current ratio of 1.53. The Ensign Group, Inc. has a 52-week low of $88.79 and a 52-week high of $127.57. The company has a market cap of $6.89 billion, a price-to-earnings ratio of 31.85, a PEG ratio of 1.61 and a beta of 0.99.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $1.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.19. The Ensign Group had a return on equity of 17.60% and a net margin of 5.67%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. Analysts predict that The Ensign Group, Inc. will post 4.95 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Sunday, June 30th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.24 annualized dividend and a yield of 0.20%. The Ensign Group’s payout ratio is 6.32%.

Insider Transactions at The Ensign Group

In other news, Director Daren Shaw sold 2,000 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $118.26, for a total transaction of $236,520.00. Following the completion of the sale, the director now owns 30,250 shares in the company, valued at $3,577,365. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Director Daren Shaw sold 2,000 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $118.26, for a total transaction of $236,520.00. Following the completion of the sale, the director now owns 30,250 shares in the company, valued at $3,577,365. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Ann Scott Blouin sold 350 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $116.47, for a total value of $40,764.50. Following the sale, the director now owns 20,002 shares of the company’s stock, valued at approximately $2,329,632.94. The disclosure for this sale can be found here. Insiders sold a total of 6,813 shares of company stock worth $808,203 over the last 90 days. 3.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on ENSG. Oppenheimer raised their target price on The Ensign Group from $130.00 to $135.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. Stephens restated an “overweight” rating and set a $135.00 target price on shares of The Ensign Group in a research report on Tuesday, April 23rd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and an average price target of $124.60.

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.