Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $3.49 Million Stock Position in The Ensign Group, Inc. (NASDAQ:ENSG)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its holdings in The Ensign Group, Inc. (NASDAQ:ENSGFree Report) by 40.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,573 shares of the company’s stock after selling 25,711 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.07% of The Ensign Group worth $3,492,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Fortis Capital Advisors LLC purchased a new position in shares of The Ensign Group in the 4th quarter worth about $26,000. Natixis purchased a new position in The Ensign Group in the fourth quarter valued at about $26,000. Cornerstone Planning Group LLC bought a new position in shares of The Ensign Group during the 2nd quarter valued at approximately $27,000. Carmel Capital Partners LLC bought a new position in shares of The Ensign Group during the 3rd quarter valued at approximately $30,000. Finally, Advisors Asset Management Inc. increased its stake in shares of The Ensign Group by 117.7% during the 1st quarter. Advisors Asset Management Inc. now owns 381 shares of the company’s stock worth $36,000 after purchasing an additional 206 shares during the last quarter. Institutional investors own 93.02% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on ENSG. Stephens upped their price objective on The Ensign Group from $112.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. Royal Bank of Canada increased their price target on The Ensign Group from $112.00 to $133.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 6th. Finally, Oppenheimer boosted their price objective on The Ensign Group from $127.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, The Ensign Group has an average rating of “Moderate Buy” and a consensus target price of $119.20.

View Our Latest Stock Report on ENSG

The Ensign Group Price Performance

The Ensign Group stock opened at $119.71 on Tuesday. The firm has a market capitalization of $6.78 billion, a P/E ratio of 32.71, a PEG ratio of 1.62 and a beta of 0.95. The Ensign Group, Inc. has a one year low of $85.50 and a one year high of $122.90. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.42 and a quick ratio of 1.42. The business has a fifty day moving average price of $114.13 and a 200-day moving average price of $103.86.

The Ensign Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Sunday, December 31st were paid a $0.06 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.24 annualized dividend and a yield of 0.20%. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. The Ensign Group’s dividend payout ratio (DPR) is currently 6.56%.

Insider Buying and Selling at The Ensign Group

In other news, Chairman Christopher R. Christensen sold 57,982 shares of the stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $118.05, for a total value of $6,844,775.10. Following the sale, the chairman now directly owns 155,703 shares of the company’s stock, valued at $18,380,739.15. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Chairman Christopher R. Christensen sold 57,982 shares of the stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $118.05, for a total value of $6,844,775.10. Following the sale, the chairman now owns 155,703 shares in the company, valued at $18,380,739.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Christopher R. Christensen sold 10,800 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $117.56, for a total value of $1,269,648.00. Following the transaction, the chairman now owns 147,400 shares of the company’s stock, valued at $17,328,344. The disclosure for this sale can be found here. Insiders own 4.40% of the company’s stock.

About The Ensign Group

(Free Report)

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.

Featured Stories

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:ENSGFree Report).

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.