Royce & Associates LP Has $1.93 Million Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

Royce & Associates LP lessened its stake in The Ensign Group, Inc. (NASDAQ:ENSGGet Rating) by 6.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,306 shares of the company’s stock after selling 1,700 shares during the quarter. Royce & Associates LP’s holdings in The Ensign Group were worth $1,932,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ENSG. HighTower Advisors LLC raised its stake in The Ensign Group by 37.3% in the first quarter. HighTower Advisors LLC now owns 6,768 shares of the company’s stock valued at $608,000 after purchasing an additional 1,839 shares in the last quarter. Citigroup Inc. grew its position in The Ensign Group by 8.6% in the first quarter. Citigroup Inc. now owns 52,494 shares of the company’s stock valued at $4,725,000 after acquiring an additional 4,140 shares during the last quarter. Natixis Advisors L.P. bought a new position in The Ensign Group in the first quarter valued at about $957,000. MetLife Investment Management LLC grew its position in The Ensign Group by 54.5% in the first quarter. MetLife Investment Management LLC now owns 28,169 shares of the company’s stock valued at $2,535,000 after acquiring an additional 9,942 shares during the last quarter. Finally, Rhumbline Advisers grew its position in The Ensign Group by 5.1% in the first quarter. Rhumbline Advisers now owns 136,982 shares of the company’s stock valued at $12,330,000 after acquiring an additional 6,609 shares during the last quarter. Institutional investors and hedge funds own 88.80% of the company’s stock.

The Ensign Group Price Performance

The Ensign Group stock opened at $91.12 on Wednesday. The stock’s 50 day moving average is $94.19 and its 200 day moving average is $88.16. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $5.06 billion, a P/E ratio of 24.30, a P/E/G ratio of 1.44 and a beta of 0.98. The Ensign Group, Inc. has a one year low of $70.29 and a one year high of $99.52.

The Ensign Group (NASDAQ:ENSGGet Rating) last posted its quarterly earnings data on Wednesday, October 26th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $770.01 million for the quarter, compared to analyst estimates of $749.71 million. The Ensign Group had a return on equity of 19.42% and a net margin of 7.32%. As a group, research analysts expect that The Ensign Group, Inc. will post 3.84 EPS for the current year.

The Ensign Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 31st. Shareholders of record on Saturday, December 31st will be paid a $0.058 dividend. The ex-dividend date is Thursday, December 29th. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.06. This represents a $0.23 annualized dividend and a yield of 0.25%. The Ensign Group’s payout ratio is 6.13%.

Insider Buying and Selling at The Ensign Group

In other The Ensign Group news, VP Beverly B. Wittekind sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of $92.00, for a total value of $230,000.00. Following the transaction, the vice president now directly owns 40,566 shares of the company’s stock, valued at $3,732,072. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other The Ensign Group news, VP Beverly B. Wittekind sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of $92.00, for a total value of $230,000.00. Following the transaction, the vice president now directly owns 40,566 shares of the company’s stock, valued at $3,732,072. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Daren Shaw sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $92.53, for a total value of $185,060.00. Following the completion of the transaction, the director now directly owns 37,000 shares in the company, valued at $3,423,610. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,616 shares of company stock valued at $2,248,882. 4.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ENSG has been the topic of a number of recent analyst reports. Oppenheimer lifted their target price on The Ensign Group from $105.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, January 19th. StockNews.com upgraded The Ensign Group from a “hold” rating to a “buy” rating in a report on Saturday, November 5th. Royal Bank of Canada boosted their price target on The Ensign Group from $95.00 to $102.00 and gave the stock an “outperform” rating in a report on Tuesday, November 1st. Finally, Stephens boosted their price target on The Ensign Group from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Friday, October 28th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, The Ensign Group has an average rating of “Moderate Buy” and a consensus target price of $102.60.

The Ensign Group Profile

(Get Rating)

The Ensign Group, Inc engages in the provision of healthcare services, as well as emergency care centers and mobile ancillary businesses. It operates through the following business segments: Transitional and Skilled Services, Senior Living Services, and Home Health and Hospice Services. The company was founded by Roy E.

Further Reading

Want to see what other hedge funds are holding ENSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Ensign Group, Inc. (NASDAQ:ENSGGet Rating).

Institutional Ownership by Quarter for The Ensign Group (NASDAQ:ENSG)

Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.