Jump Financial LLC Has $6.11 Million Stock Position in The Ensign Group, Inc. (NASDAQ:ENSG)

Jump Financial LLC boosted its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 233.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,962 shares of the company’s stock after buying an additional 32,159 shares during the quarter. Jump Financial LLC owned approximately 0.08% of The Ensign Group worth $6,107,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENSG. Guggenheim Capital LLC lifted its holdings in shares of The Ensign Group by 18.0% in the fourth quarter. Guggenheim Capital LLC now owns 3,694 shares of the company’s stock worth $491,000 after acquiring an additional 564 shares during the last quarter. Mariner LLC grew its stake in shares of The Ensign Group by 16.1% during the fourth quarter. Mariner LLC now owns 9,149 shares of the company’s stock worth $1,216,000 after buying an additional 1,271 shares during the last quarter. Barclays PLC increased its holdings in shares of The Ensign Group by 39.0% during the fourth quarter. Barclays PLC now owns 149,182 shares of the company’s stock worth $19,820,000 after buying an additional 41,894 shares in the last quarter. Grandeur Peak Global Advisors LLC lifted its stake in shares of The Ensign Group by 61.2% in the 4th quarter. Grandeur Peak Global Advisors LLC now owns 67,752 shares of the company’s stock valued at $9,002,000 after acquiring an additional 25,719 shares during the last quarter. Finally, Covestor Ltd lifted its stake in shares of The Ensign Group by 11.1% in the 4th quarter. Covestor Ltd now owns 1,463 shares of the company’s stock valued at $194,000 after acquiring an additional 146 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In other news, Chairman Christopher R. Christensen sold 39,086 shares of The Ensign Group stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total value of $5,805,052.72. Following the completion of the sale, the chairman now owns 12,539 shares in the company, valued at $1,862,292.28. The trade was a 75.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Barry M. Smith sold 700 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total transaction of $96,936.00. Following the transaction, the director now directly owns 30,752 shares in the company, valued at approximately $4,258,536.96. This represents a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 42,486 shares of company stock valued at $6,251,714. 3.90% of the stock is currently owned by insiders.

The Ensign Group Trading Down 0.7 %

NASDAQ ENSG opened at $129.09 on Wednesday. The firm has a market capitalization of $7.42 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 1.52 and a beta of 0.91. The business’s 50-day moving average price is $129.00 and its two-hundred day moving average price is $137.98. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.08. The Ensign Group, Inc. has a 12 month low of $113.27 and a 12 month high of $158.45.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Wednesday, February 5th. The company reported $1.36 EPS 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%. On average, analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

The company 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.25 annualized dividend and a yield of 0.19%. The Ensign Group’s payout ratio is 4.89%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ENSG shares. Macquarie upped their target price on The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Stephens restated an “overweight” rating and set a $155.00 price target on shares of The Ensign Group in a report on Thursday, February 6th. Finally, Truist Financial dropped their price objective on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a report on Monday, January 6th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.17.

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.