The Ensign Group, Inc. (NASDAQ:ENSG) Shares Sold by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lessened its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,350,432 shares of the company’s stock after selling 7,247 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 2.35% of The Ensign Group worth $179,418,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Retirement Wealth Solutions LLC purchased a new stake in The Ensign Group in the fourth quarter valued at approximately $25,000. Avior Wealth Management LLC boosted its holdings in shares of The Ensign Group by 190.1% in the 4th quarter. Avior Wealth Management LLC now owns 206 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the last quarter. Venturi Wealth Management LLC increased its stake in shares of The Ensign Group by 150.6% in the fourth quarter. Venturi Wealth Management LLC now owns 208 shares of the company’s stock worth $28,000 after acquiring an additional 125 shares during the period. CBIZ Investment Advisory Services LLC raised its holdings in shares of The Ensign Group by 38.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company’s stock worth $47,000 after purchasing an additional 99 shares during the last quarter. Finally, Asset Planning Inc acquired a new position in The Ensign Group during the fourth quarter valued at $80,000. 96.12% of the stock is owned by institutional investors and hedge funds.

The Ensign Group Trading Up 1.8 %

Shares of NASDAQ:ENSG opened at $122.06 on Wednesday. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of 23.89, a price-to-earnings-growth ratio of 1.52 and a beta of 0.91. The business’s 50 day moving average price is $128.63 and its 200-day moving average price is $137.30. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.56. The Ensign Group, Inc. has a 1 year low of $113.27 and a 1 year high of $158.45.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.11). The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. On average, equities research analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.25 annualized dividend and a yield of 0.20%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.89%.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $138.48, for a total transaction 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 represents a 2.23 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daren Shaw sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $129.66, for a total transaction of $259,320.00. Following the completion of the transaction, the director now directly owns 26,325 shares in the company, valued at $3,413,299.50. This trade represents a 7.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 42,486 shares of company stock worth $6,251,714 over the last three months. Insiders own 3.90% of the company’s stock.

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.