The Ensign Group, Inc. (NASDAQ:ENSG) Shares Purchased by Intrust Bank NA

Intrust Bank NA boosted its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,239 shares of the company’s stock after acquiring an additional 117 shares during the quarter. Intrust Bank NA’s holdings in The Ensign Group were worth $563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ENSG. Retirement Wealth Solutions LLC purchased a new position in The Ensign Group during the fourth quarter worth about $25,000. Avior Wealth Management LLC boosted its position in shares of The Ensign Group by 190.1% during the 4th quarter. Avior Wealth Management LLC now owns 206 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the period. Venturi Wealth Management LLC increased its holdings in The Ensign Group by 150.6% in the 4th quarter. Venturi Wealth Management LLC now owns 208 shares of the company’s stock valued at $28,000 after purchasing an additional 125 shares during the last quarter. 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 valued at $47,000 after purchasing an additional 99 shares during the period. Finally, Asset Planning Inc acquired a new position in The Ensign Group during the fourth quarter worth $80,000. 96.12% of the stock is owned by institutional investors and hedge funds.

The Ensign Group Price Performance

ENSG stock opened at $128.74 on Friday. The business’s 50-day moving average is $132.31 and its two-hundred day moving average is $140.07. 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 $7.40 billion, a P/E ratio of 25.19, a P/E/G ratio of 1.52 and a beta of 0.98. The Ensign Group, Inc. has a 1 year low of $113.27 and a 1 year high of $158.45.

The Ensign Group (NASDAQ:ENSG) last issued its 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%. Analysts anticipate that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Truist Financial dropped their price objective on The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Macquarie boosted 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 note on Tuesday, February 4th. Finally, Stephens reissued an “overweight” rating and issued a $155.00 price objective on shares of The Ensign Group in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $165.17.

Insider Buying and Selling at The Ensign Group

In related news, Director Daren Shaw sold 2,000 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $129.66, for a total value of $259,320.00. Following the transaction, the director now directly owns 26,325 shares of the company’s stock, valued at $3,413,299.50. This trade represents a 7.06 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $138.48, for a total value of $96,936.00. Following the completion of the sale, the director now directly owns 30,752 shares of the company’s stock, valued at $4,258,536.96. The trade was a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 43,186 shares of company stock worth $6,345,115 over the last ninety days. Corporate insiders own 3.90% of the company’s stock.

About The Ensign Group

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.