The Ensign Group, Inc. (NASDAQ:ENSG) Shares Sold by Personal CFO Solutions LLC

Personal CFO Solutions LLC lowered its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,662 shares of the company’s stock after selling 319 shares during the period. Personal CFO Solutions LLC’s holdings in The Ensign Group were worth $487,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its holdings in shares of The Ensign Group by 0.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,571 shares of the company’s stock valued at $1,538,000 after purchasing an additional 78 shares in the last quarter. Central Pacific Bank Trust Division increased its holdings in The Ensign Group by 7.3% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,180 shares of the company’s stock valued at $157,000 after acquiring an additional 80 shares in the last quarter. Equitable Trust Co. increased its holdings in The Ensign Group by 1.8% during the 4th quarter. Equitable Trust Co. now owns 4,998 shares of the company’s stock valued at $664,000 after acquiring an additional 87 shares in the last quarter. CIBC Asset Management Inc increased its holdings in The Ensign Group by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 1,731 shares of the company’s stock valued at $230,000 after acquiring an additional 87 shares in the last quarter. Finally, DeDora Capital Inc. increased its holdings in The Ensign Group by 1.4% during the 4th quarter. DeDora Capital Inc. now owns 7,188 shares of the company’s stock valued at $955,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Price Performance

Shares of NASDAQ ENSG opened at $130.33 on Monday. The Ensign Group, Inc. has a twelve month low of $113.27 and a twelve month high of $158.45. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $7.49 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.52 and a beta of 0.98. The firm has a 50-day moving average of $133.63 and a two-hundred day moving average of $142.21.

The Ensign Group (NASDAQ:ENSG) last issued 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 net margin of 6.99% and a return on equity of 17.07%. As a group, analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.19%. This is a boost from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Tuesday, December 31st. The Ensign Group’s dividend payout ratio is currently 4.89%.

Insider Activity at The Ensign Group

In related news, Director Daren Shaw sold 2,000 shares of The Ensign Group stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $129.66, for a total value of $259,320.00. Following the completion of the transaction, the director now directly owns 26,325 shares of the company’s stock, valued at $3,413,299.50. The trade was a 7.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $129.15, for a total value of $90,405.00. Following the completion of the transaction, the director now directly owns 30,052 shares of the company’s stock, valued at $3,881,215.80. This represents a 2.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,186 shares of company stock worth $6,345,115. 3.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on ENSG. Stephens reiterated an “overweight” rating and set a $155.00 price target on shares of The Ensign Group in a report on Thursday, February 6th. Truist Financial reduced their price target on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. UBS Group assumed coverage on shares of The Ensign Group in a research note on Thursday, November 21st. They set a “buy” rating and a $175.00 price objective on the stock. Finally, Macquarie lifted their price objective on shares of The Ensign Group from $165.00 to $166.00 and gave the company an “outperform” rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average 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.