The Ensign Group, Inc. (NASDAQ:ENSG) Shares Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. boosted its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 339.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,305 shares of the company’s stock after buying an additional 7,961 shares during the period. Fox Run Management L.L.C.’s holdings in The Ensign Group were worth $1,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. FMR LLC boosted its stake in The Ensign Group by 42.3% in the 3rd quarter. FMR LLC now owns 1,995,971 shares of the company’s stock worth $287,061,000 after purchasing an additional 593,779 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of The Ensign Group by 5.1% during the third quarter. Geode Capital Management LLC now owns 1,363,822 shares of the company’s stock worth $196,181,000 after buying an additional 66,314 shares during the period. Crewe Advisors LLC grew its holdings in shares of The Ensign Group by 0.9% during the third quarter. Crewe Advisors LLC now owns 1,110,692 shares of the company’s stock valued at $159,740,000 after buying an additional 10,221 shares during the last quarter. Copeland Capital Management LLC increased its position in shares of The Ensign Group by 0.8% in the 4th quarter. Copeland Capital Management LLC now owns 944,077 shares of the company’s stock valued at $125,430,000 after acquiring an additional 7,542 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of The Ensign Group by 3.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 800,606 shares of the company’s stock valued at $115,143,000 after acquiring an additional 23,381 shares during the period. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insider Buying and Selling

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 owns 26,325 shares in the company, valued at $3,413,299.50. The trade was a 7.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barry M. Smith sold 700 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total value of $96,936.00. Following the transaction, the director now owns 30,752 shares in the company, valued at $4,258,536.96. This represents a 2.23 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 43,186 shares of company stock valued at $6,345,115. Corporate insiders own 3.90% of the company’s stock.

Wall Street Analyst Weigh In

ENSG has been the subject of a number of research reports. Stephens reaffirmed an “overweight” rating and set a $155.00 price target on shares of The Ensign Group in a research report on Thursday, February 6th. Truist Financial dropped their target price on 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. Finally, Macquarie raised their price target on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, The Ensign Group currently has an average rating of “Moderate Buy” and a consensus target price of $165.17.

The Ensign Group Stock Performance

Shares of ENSG stock opened at $128.24 on Friday. The Ensign Group, Inc. has a 52-week low of $113.27 and a 52-week high of $158.45. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.37 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 1.52 and a beta of 0.98. The business has a 50-day simple moving average of $132.85 and a 200-day simple moving average of $140.87.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.11). The Ensign Group had a net margin of 6.99% and a return on equity of 17.07%. On average, equities analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend is Monday, March 31st. The Ensign Group’s dividend payout ratio is currently 4.89%.

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.