The Ensign Group, Inc. (NASDAQ:ENSG) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lifted its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 299,832 shares of the company’s stock after purchasing an additional 10,410 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.52% of The Ensign Group worth $39,836,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Retirement Wealth Solutions LLC bought a new stake in shares of The Ensign Group during the 4th quarter worth about $25,000. Avior Wealth Management LLC boosted its stake in The Ensign Group by 190.1% during the fourth quarter. Avior Wealth Management LLC now owns 206 shares of the company’s stock valued at $27,000 after buying an additional 135 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in The Ensign Group by 150.6% during the fourth quarter. Venturi Wealth Management LLC now owns 208 shares of the company’s stock worth $28,000 after acquiring an additional 125 shares during the period. CBIZ Investment Advisory Services LLC raised its position in The Ensign Group by 38.8% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company’s stock worth $47,000 after acquiring an additional 99 shares in the last quarter. Finally, Asset Planning Inc acquired a new stake in The Ensign Group in the 4th quarter valued at about $80,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Stock Up 1.7 %

ENSG stock opened at $130.40 on Tuesday. The company’s 50 day simple moving average is $132.81 and its 200-day simple moving average is $140.61. The Ensign Group, Inc. has a 52-week low of $113.27 and a 52-week high of $158.45. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $7.49 billion, a P/E ratio of 25.52, a P/E/G ratio of 1.52 and a beta of 0.98.

The Ensign Group (NASDAQ:ENSG) last released its earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share (EPS) 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, equities research analysts anticipate that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date is Monday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is 4.89%.

Analyst Ratings Changes

A number of research firms recently commented on ENSG. Macquarie boosted their target price on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Truist Financial cut their price objective on The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Finally, Stephens reissued an “overweight” rating and set a $155.00 price objective on shares of The Ensign Group in a research note on Thursday, February 6th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $165.17.

Insider Buying and Selling

In related news, Director Daren Shaw sold 2,000 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $129.66, for a total transaction of $259,320.00. Following the completion of the sale, the director now directly owns 26,325 shares in the company, valued at approximately $3,413,299.50. This trade represents a 7.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $133.43, for a total value of $93,401.00. Following the completion of the transaction, the director now owns 30,852 shares in the company, valued at $4,116,582.36. This trade represents a 2.22 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,186 shares of company stock worth $6,345,115. 3.90% of the stock is owned by company insiders.

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.