The Ensign Group, Inc. (ENSG) Shares Bought by First Trust Advisors LP

First Trust Advisors LP increased its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 8.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,955 shares of the company’s stock after purchasing an additional 4,306 shares during the quarter. First Trust Advisors LP’s holdings in The Ensign Group were worth $1,264,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of The Ensign Group during the third quarter valued at approximately $104,000. Strs Ohio bought a new stake in shares of The Ensign Group during the fourth quarter valued at approximately $142,000. Oppenheimer Asset Management Inc. grew its stake in shares of The Ensign Group by 30.2% during the third quarter. Oppenheimer Asset Management Inc. now owns 9,754 shares of the company’s stock valued at $220,000 after purchasing an additional 2,260 shares during the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of The Ensign Group during the third quarter valued at approximately $220,000. Finally, Commonwealth Equity Services Inc bought a new stake in shares of The Ensign Group during the third quarter valued at approximately $329,000. 86.27% of the stock is currently owned by institutional investors and hedge funds.

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Several analysts have recently commented on ENSG shares. Stifel Nicolaus set a $22.00 price target on shares of The Ensign Group and gave the company a “hold” rating in a research note on Friday, February 9th. BidaskClub cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. SunTrust Banks set a $29.00 price objective on shares of The Ensign Group and gave the company a “buy” rating in a research note on Friday, February 9th. Zacks Investment Research raised shares of The Ensign Group from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research note on Friday, February 16th. Finally, Royal Bank of Canada reaffirmed a “buy” rating on shares of The Ensign Group in a research note on Monday, February 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $26.80.

In other news, Director Antoinette T. Hubenette sold 18,330 shares of The Ensign Group stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $23.70, for a total transaction of $434,421.00. Following the transaction, the director now directly owns 44,456 shares of the company’s stock, valued at $1,053,607.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Barry Port sold 4,976 shares of The Ensign Group stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $28.25, for a total transaction of $140,572.00. Following the transaction, the vice president now directly owns 117,742 shares in the company, valued at $3,326,211.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 122,286 shares of company stock worth $3,070,616. Insiders own 6.20% of the company’s stock.

The Ensign Group, Inc. (NASDAQ ENSG) opened at $27.05 on Monday. The Ensign Group, Inc. has a 52 week low of $16.50 and a 52 week high of $29.24. The stock has a market cap of $1,392.67, a P/E ratio of 35.59, a price-to-earnings-growth ratio of 1.06 and a beta of 0.62. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.61.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.40. The Ensign Group had a net margin of 2.19% and a return on equity of 13.87%. The firm had revenue of $487.70 million for the quarter, compared to analysts’ expectations of $457.91 million. During the same period last year, the firm earned $0.30 earnings per share. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. equities research analysts predict that The Ensign Group, Inc. will post 1.69 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Saturday, March 31st will be paid a $0.045 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.18 dividend on an annualized basis and a yield of 0.67%. The Ensign Group’s payout ratio is presently 23.68%.

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The Ensign Group Profile

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.

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

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