Great West Life Assurance Co. Can increased its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 6.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 66,476 shares of the company’s stock after buying an additional 3,956 shares during the period. Great West Life Assurance Co. Can owned about 0.13% of The Ensign Group worth $1,248,000 as of its most recent filing with the SEC.
Several other large investors also recently added to or reduced their stakes in ENSG. Russell Investments Group Ltd. acquired a new stake in shares of The Ensign Group during the fourth quarter valued at $6,783,000. Comerica Bank increased its stake in shares of The Ensign Group by 5.8% in the fourth quarter. Comerica Bank now owns 50,522 shares of the company’s stock valued at $1,050,000 after buying an additional 2,752 shares during the last quarter. Reilly Financial Advisors LLC increased its stake in shares of The Ensign Group by 8.0% in the first quarter. Reilly Financial Advisors LLC now owns 44,155 shares of the company’s stock valued at $830,000 after buying an additional 3,255 shares during the last quarter. Two Sigma Investments LP acquired a new stake in shares of The Ensign Group during the fourth quarter valued at $1,059,000. Finally, Legato Capital Management LLC increased its stake in shares of The Ensign Group by 2,067.0% in the first quarter. Legato Capital Management LLC now owns 114,981 shares of the company’s stock valued at $6,116,000 after buying an additional 109,675 shares during the last quarter. 84.53% of the stock is currently owned by institutional investors and hedge funds.
The Ensign Group, Inc. (NASDAQ:ENSG) opened at 20.89 on Tuesday. The firm has a market cap of $1.06 billion, a PE ratio of 25.20 and a beta of 0.91. The Ensign Group, Inc. has a one year low of $16.50 and a one year high of $23.18. The stock has a 50 day moving average of $19.39 and a 200 day moving average of $19.66.
The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Monday, May 1st. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $441.74 million during the quarter, compared to analyst estimates of $435.72 million. The Ensign Group had a return on equity of 13.51% and a net margin of 2.55%. On average, equities analysts forecast that The Ensign Group, Inc. will post $1.49 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Friday, June 30th will be given a $0.0425 dividend. This represents a $0.17 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, June 28th. The Ensign Group’s dividend payout ratio (DPR) is 20.48%.
ILLEGAL ACTIVITY WARNING: “Great West Life Assurance Co. Can Has $1.25 Million Position in The Ensign Group, Inc. (ENSG)” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://baseballnewssource.com/markets/great-west-life-assurance-co-can-boosts-position-in-the-ensign-group-inc-ensg-updated/988772.html.
Several research analysts have commented on the stock. BidaskClub upgraded shares of The Ensign Group from a “buy” rating to a “strong-buy” rating in a report on Saturday. Zacks Investment Research upgraded shares of The Ensign Group from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th. Finally, Wells Fargo & Company cut shares of The Ensign Group from a “market perform” rating to an “underperform” rating in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $22.60.
In related news, Director John G. Nackel purchased 3,462 shares of the stock in a transaction on Friday, April 28th. The shares were purchased at an average cost of $17.55 per share, for a total transaction of $60,758.10. Following the completion of the transaction, the director now directly owns 96,732 shares of the company’s stock, valued at approximately $1,697,646.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.20% of the company’s stock.
About The Ensign Group
The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.
Receive News & Ratings for The Ensign Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group Inc. and related companies with our FREE daily email newsletter.