Amundi Pioneer Asset Management Inc. Takes Position in The Ensign Group, Inc. (ENSG)

Amundi Pioneer Asset Management Inc. purchased a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 177,960 shares of the company’s stock, valued at approximately $3,951,000. Amundi Pioneer Asset Management Inc. owned approximately 0.35% of The Ensign Group as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ENSG. Crossmark Global Holdings Inc. purchased a new position in The Ensign Group during the third quarter worth about $220,000. BNP Paribas Arbitrage SA grew its position in The Ensign Group by 55.1% during the third quarter. BNP Paribas Arbitrage SA now owns 26,657 shares of the company’s stock worth $602,000 after buying an additional 9,474 shares during the period. New York State Common Retirement Fund grew its position in The Ensign Group by 11.5% during the third quarter. New York State Common Retirement Fund now owns 57,882 shares of the company’s stock worth $1,308,000 after buying an additional 5,982 shares during the period. Municipal Employees Retirement System of Michigan grew its position in The Ensign Group by 58.2% during the third quarter. Municipal Employees Retirement System of Michigan now owns 17,880 shares of the company’s stock worth $404,000 after buying an additional 6,580 shares during the period. Finally, Russell Investments Group Ltd. grew its position in The Ensign Group by 59.1% during the third quarter. Russell Investments Group Ltd. now owns 502,129 shares of the company’s stock worth $11,342,000 after buying an additional 186,533 shares during the period. 86.27% of the stock is owned by hedge funds and other institutional investors.

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Several brokerages have weighed in on ENSG. BidaskClub upgraded shares of The Ensign Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 10th. Zacks Investment Research upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research report on Friday, February 16th. SunTrust Banks set a $29.00 target price on shares of The Ensign Group and gave the stock a “buy” rating in a research report on Friday, February 9th. Royal Bank of Canada restated a “buy” rating on shares of The Ensign Group in a research report on Monday, February 12th. Finally, Stifel Nicolaus set a $22.00 target price on shares of The Ensign Group and gave the stock a “hold” rating in a research report on Friday, February 9th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $26.80.

In other news, Director John G. Nackel sold 5,000 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $25.50, for a total value of $127,500.00. Following the sale, the director now directly owns 99,232 shares in the company, valued at $2,530,416. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Beverly B. Wittekind sold 9,664 shares of the stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $23.60, for a total transaction of $228,070.40. Following the completion of the sale, the vice president now owns 51,320 shares in the company, valued at $1,211,152. The disclosure for this sale can be found here. Insiders sold 122,286 shares of company stock worth $3,070,616 over the last quarter. Company insiders own 6.20% of the company’s stock.

The Ensign Group, Inc. (NASDAQ:ENSG) opened at $27.65 on Friday. The firm has a market cap of $1,441.06, a PE ratio of 36.38, a price-to-earnings-growth ratio of 1.10 and a beta of 0.62. The Ensign Group, Inc. has a 1 year low of $16.50 and a 1 year high of $29.24. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.61.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. The business had revenue of $487.70 million for the quarter, compared to analyst estimates of $457.91 million. The Ensign Group had a net margin of 2.19% and a return on equity of 13.87%. The company’s quarterly revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.30 earnings per share. equities analysts anticipate that The Ensign Group, Inc. will post 1.69 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Saturday, March 31st will be given a $0.045 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.18 annualized dividend and a dividend yield of 0.65%. The Ensign Group’s dividend payout ratio is presently 23.68%.

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

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