KBC Group NV Sells 3,137 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

KBC Group NV decreased its position in shares of The Ensign Group, Inc. (NASDAQ:ENSGFree Report) by 71.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,262 shares of the company’s stock after selling 3,137 shares during the quarter. KBC Group NV’s holdings in The Ensign Group were worth $142,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ENSG. Jump Financial LLC bought a new position in The Ensign Group in the third quarter valued at approximately $257,000. New York State Common Retirement Fund raised its holdings in shares of The Ensign Group by 3.0% in the third quarter. New York State Common Retirement Fund now owns 42,234 shares of the company’s stock valued at $3,925,000 after purchasing an additional 1,243 shares during the last quarter. Swiss National Bank raised its holdings in shares of The Ensign Group by 1.2% in the third quarter. Swiss National Bank now owns 123,000 shares of the company’s stock valued at $11,430,000 after purchasing an additional 1,400 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of The Ensign Group by 25.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 725,056 shares of the company’s stock valued at $67,379,000 after purchasing an additional 147,698 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in shares of The Ensign Group in the third quarter valued at approximately $388,000. Institutional investors own 96.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ENSG shares. Oppenheimer lifted their price objective on shares of The Ensign Group from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Stephens restated an “overweight” rating and set a $135.00 target price on shares of The Ensign Group in a report on Tuesday, April 23rd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, The Ensign Group currently has a consensus rating of “Moderate Buy” and an average price target of $124.60.

Check Out Our Latest Analysis on ENSG

The Ensign Group Price Performance

Shares of ENSG opened at $119.41 on Tuesday. The firm has a market capitalization of $6.80 billion, a PE ratio of 31.42, a PEG ratio of 1.60 and a beta of 0.99. The company’s 50-day moving average is $118.72 and its 200-day moving average is $117.72. The Ensign Group, Inc. has a fifty-two week low of $88.79 and a fifty-two week high of $127.57. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.53 and a quick ratio of 1.53.

The Ensign Group (NASDAQ:ENSGGet Free Report) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.19 EPS for the quarter, meeting the consensus estimate of $1.19. The Ensign Group had a net margin of 5.67% and a return on equity of 17.60%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. Equities analysts forecast that The Ensign Group, Inc. will post 4.95 EPS for the current year.

The Ensign Group Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Sunday, March 31st were paid a $0.06 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.24 annualized dividend and a dividend yield of 0.20%. The Ensign Group’s dividend payout ratio (DPR) is presently 6.32%.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Daren Shaw sold 2,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $118.26, for a total transaction of $236,520.00. Following the sale, the director now directly owns 30,250 shares in the company, valued at $3,577,365. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other The Ensign Group news, Director Daren Shaw sold 2,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $118.26, for a total transaction of $236,520.00. Following the sale, the director now directly owns 30,250 shares in the company, valued at $3,577,365. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Beverly B. Wittekind sold 10,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $121.65, for a total transaction of $1,216,500.00. Following the sale, the vice president now owns 37,912 shares in the company, valued at $4,611,994.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,813 shares of company stock worth $2,024,703. Corporate insiders own 3.90% of the company’s stock.

The Ensign Group Profile

(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.

See Also

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

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