The Ensign Group, Inc. (NASDAQ:ENSG) Shares Purchased by Quadrant Capital Group LLC

Quadrant Capital Group LLC increased its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 15.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,062 shares of the company’s stock after purchasing an additional 411 shares during the period. Quadrant Capital Group LLC’s holdings in The Ensign Group were worth $344,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its stake in shares of The Ensign Group by 43.3% during the fourth quarter. Global Retirement Partners LLC now owns 470 shares of the company’s stock worth $55,000 after buying an additional 142 shares during the period. SRS Capital Advisors Inc. raised its stake in The Ensign Group by 333.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 576 shares of the company’s stock worth $65,000 after acquiring an additional 443 shares during the last quarter. GAMMA Investing LLC acquired a new stake in The Ensign Group during the 4th quarter worth about $99,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in The Ensign Group during the 3rd quarter valued at about $113,000. Finally, Knights of Columbus Asset Advisors LLC increased its holdings in shares of The Ensign Group by 29.6% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 1,247 shares of the company’s stock valued at $116,000 after purchasing an additional 285 shares during the period. 96.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director Ann Scott Blouin sold 350 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $116.47, for a total value of $40,764.50. Following the transaction, the director now owns 20,002 shares in the company, valued at approximately $2,329,632.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other The Ensign Group news, Director Ann Scott Blouin sold 350 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $116.47, for a total value of $40,764.50. Following the transaction, the director now directly owns 20,002 shares of the company’s stock, valued at approximately $2,329,632.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daren Shaw sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $118.26, for a total value of $236,520.00. Following the transaction, the director now owns 30,250 shares in the company, valued at $3,577,365. The disclosure for this sale can be found here. Insiders sold a total of 16,813 shares of company stock valued at $2,024,703 in the last three months. 3.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ENSG has been the topic of a number of recent research reports. Stephens reiterated an “overweight” rating and issued a $135.00 target price on shares of The Ensign Group in a research report on Tuesday, April 23rd. Oppenheimer upped 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. Finally, Royal Bank of Canada increased their price objective on shares of The Ensign Group from $112.00 to $133.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 6th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, The Ensign Group currently has an average rating of “Moderate Buy” and an average target price of $124.60.

The Ensign Group Trading Up 0.5 %

Shares of NASDAQ:ENSG opened at $119.79 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.09. The Ensign Group, Inc. has a 12-month low of $87.14 and a 12-month high of $127.57. The business has a 50 day moving average of $120.07 and a two-hundred day moving average of $115.91. The company has a market capitalization of $6.82 billion, a PE ratio of 31.52, a PEG ratio of 1.61 and a beta of 0.95.

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 issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 0.20%. The Ensign Group’s payout ratio is 6.32%.

The Ensign Group 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.