Securian Asset Management Inc. Sells 115 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

Securian Asset Management Inc. decreased its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,301 shares of the company’s stock after selling 115 shares during the quarter. Securian Asset Management Inc.’s holdings in The Ensign Group were worth $571,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. FMR LLC grew its stake in shares of The Ensign Group by 42.3% during the third quarter. FMR LLC now owns 1,995,971 shares of the company’s stock valued at $287,061,000 after buying an additional 593,779 shares during the last quarter. Geode Capital Management LLC grew its stake in The Ensign Group by 5.1% in the third quarter. Geode Capital Management LLC now owns 1,363,822 shares of the company’s stock worth $196,181,000 after purchasing an additional 66,314 shares in the last quarter. Crewe Advisors LLC grew its stake in The Ensign Group by 0.9% in the third quarter. Crewe Advisors LLC now owns 1,110,692 shares of the company’s stock worth $159,740,000 after purchasing an additional 10,221 shares in the last quarter. Copeland Capital Management LLC grew its stake in The Ensign Group by 0.8% in the fourth quarter. Copeland Capital Management LLC now owns 944,077 shares of the company’s stock worth $125,430,000 after purchasing an additional 7,542 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in The Ensign Group by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 800,606 shares of the company’s stock worth $115,143,000 after purchasing an additional 23,381 shares in the last quarter. Institutional investors own 96.12% of the company’s stock.

The Ensign Group Stock Down 0.1 %

The Ensign Group stock opened at $125.40 on Monday. The business has a fifty day moving average of $133.05 and a two-hundred day moving average of $141.48. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.20 billion, a P/E ratio of 24.54, a P/E/G ratio of 1.52 and a beta of 0.98. The Ensign Group, Inc. has a twelve month low of $113.27 and a twelve month high of $158.45.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.11). The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. On average, analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Barry M. Smith sold 700 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total transaction of $96,936.00. Following the completion of the sale, the director now owns 30,752 shares in the company, valued at approximately $4,258,536.96. This represents a 2.23 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Christopher R. Christensen sold 39,086 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total value of $5,805,052.72. Following the sale, the chairman now owns 12,539 shares of the company’s stock, valued at approximately $1,862,292.28. This represents a 75.71 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,186 shares of company stock worth $6,345,115. Insiders own 3.90% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on ENSG shares. Macquarie increased their price objective on The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 4th. Truist Financial dropped their price objective on The Ensign Group from $170.00 to $155.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. UBS Group started coverage on The Ensign Group in a research note on Thursday, November 21st. They issued a “buy” rating and a $175.00 price objective on the stock. Finally, Stephens reissued an “overweight” rating and issued a $155.00 price objective on shares of The Ensign Group in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $165.17.

About The Ensign Group

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.