Capital Fund Management S.A. Takes Position in The Ensign Group, Inc. (NASDAQ:ENSG)

Capital Fund Management S.A. acquired a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,201 shares of the company’s stock, valued at approximately $3,481,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nisa Investment Advisors LLC boosted its holdings in The Ensign Group by 0.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 11,571 shares of the company’s stock worth $1,538,000 after purchasing an additional 78 shares during the last quarter. Central Pacific Bank Trust Division boosted its stake in shares of The Ensign Group by 7.3% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,180 shares of the company’s stock worth $157,000 after buying an additional 80 shares during the last quarter. Equitable Trust Co. boosted its stake in shares of The Ensign Group by 1.8% during the 4th quarter. Equitable Trust Co. now owns 4,998 shares of the company’s stock worth $664,000 after buying an additional 87 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of The Ensign Group by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 1,731 shares of the company’s stock valued at $230,000 after acquiring an additional 87 shares in the last quarter. Finally, DeDora Capital Inc. increased its position in shares of The Ensign Group by 1.4% in the fourth quarter. DeDora Capital Inc. now owns 7,188 shares of the company’s stock valued at $955,000 after acquiring an additional 98 shares during the last quarter. 96.12% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on ENSG. Stephens reiterated an “overweight” rating and issued a $155.00 price target on shares of The Ensign Group in a research note on Thursday, February 6th. Truist Financial cut their target price on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Finally, Macquarie boosted their price target on The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $165.17.

The Ensign Group Stock Up 0.2 %

The Ensign Group stock opened at $127.96 on Monday. The company’s 50-day moving average price is $129.52 and its two-hundred day moving average price is $138.15. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.35 billion, a P/E ratio of 25.04, a P/E/G ratio of 1.52 and a beta of 0.91. The Ensign Group, Inc. has a twelve month low of $113.27 and a twelve month high of $158.45.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.11). The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. As a group, analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date is Monday, March 31st. The Ensign Group’s dividend payout ratio is currently 4.89%.

Insider Activity

In other news, Director Daren Shaw sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $129.66, for a total transaction of $259,320.00. Following the transaction, the director now directly owns 26,325 shares of the company’s stock, valued at approximately $3,413,299.50. This trade represents a 7.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $138.48, for a total value of $96,936.00. Following the completion of the sale, the director now owns 30,752 shares of the company’s stock, valued at approximately $4,258,536.96. This trade represents a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,486 shares of company stock valued at $6,251,714. 3.90% of the stock is owned by company insiders.

The Ensign Group Company 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.