Antoinette T. Hubenette Sells 2,500 Shares of The Ensign Group, Inc. (ENSG) Stock
The Ensign Group, Inc. (NASDAQ:ENSG) Director Antoinette T. Hubenette sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $20.95, for a total transaction of $52,375.00. Following the transaction, the director now directly owns 24,626 shares of the company’s stock, valued at approximately $515,914.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of The Ensign Group, Inc. (NASDAQ ENSG) traded down 0.49% during trading on Friday, reaching $20.32. 433,741 shares of the company traded hands. The firm has a market capitalization of $1.03 billion, a PE ratio of 23.66 and a beta of 0.86. The firm has a 50-day moving average price of $20.43 and a 200-day moving average price of $19.85. The Ensign Group, Inc. has a 12 month low of $16.51 and a 12 month high of $23.35.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Saturday, September 30th will be paid a dividend of $0.043 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.17 annualized dividend and a yield of 0.85%. The Ensign Group’s dividend payout ratio is currently 20.24%.
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Several brokerages recently commented on ENSG. TheStreet raised shares of The Ensign Group from a “c+” rating to a “b” rating in a research report on Monday, August 7th. Zacks Investment Research lowered shares of The Ensign Group from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Finally, BidaskClub lowered shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Three research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $22.00.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Steinberg Global Asset Management increased its stake in The Ensign Group by 2.3% in the first quarter. Steinberg Global Asset Management now owns 77,521 shares of the company’s stock valued at $1,457,000 after purchasing an additional 1,758 shares during the period. Prudential Financial Inc. increased its stake in The Ensign Group by 5.5% in the first quarter. Prudential Financial Inc. now owns 87,592 shares of the company’s stock valued at $1,647,000 after purchasing an additional 4,600 shares during the period. Kestrel Investment Management Corp increased its stake in The Ensign Group by 89.2% in the second quarter. Kestrel Investment Management Corp now owns 352,700 shares of the company’s stock valued at $7,678,000 after purchasing an additional 166,316 shares during the period. Dimensional Fund Advisors LP increased its stake in The Ensign Group by 7.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,105,058 shares of the company’s stock valued at $39,575,000 after purchasing an additional 148,627 shares during the period. Finally, Great West Life Assurance Co. Can increased its stake in The Ensign Group by 4.2% in the second quarter. Great West Life Assurance Co. Can now owns 69,276 shares of the company’s stock valued at $1,508,000 after purchasing an additional 2,800 shares during the period. Institutional investors own 84.20% of the company’s stock.
About The Ensign Group
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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