1,301 Shares in The Ensign Group, Inc. $ENSG Bought by Fielder Capital Group LLC

Fielder Capital Group LLC acquired a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,301 shares of the company’s stock, valued at approximately $201,000.

Several other institutional investors have also recently bought and sold shares of ENSG. Northern Trust Corp boosted its holdings in shares of The Ensign Group by 0.4% during the 1st quarter. Northern Trust Corp now owns 941,274 shares of the company’s stock valued at $121,801,000 after acquiring an additional 3,344 shares in the last quarter. Van Berkom & Associates Inc. increased its stake in shares of The Ensign Group by 14.1% in the first quarter. Van Berkom & Associates Inc. now owns 800,108 shares of the company’s stock valued at $103,534,000 after buying an additional 99,147 shares during the period. Wellington Management Group LLP raised its holdings in The Ensign Group by 17.6% in the 1st quarter. Wellington Management Group LLP now owns 683,650 shares of the company’s stock valued at $88,464,000 after buying an additional 102,089 shares during the last quarter. American Century Companies Inc. boosted its position in The Ensign Group by 1,235.5% during the 1st quarter. American Century Companies Inc. now owns 468,575 shares of the company’s stock worth $60,634,000 after buying an additional 433,489 shares during the period. Finally, Crow s Nest Holdings LP bought a new stake in The Ensign Group during the 1st quarter worth approximately $56,936,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Stock Up 0.4%

ENSG stock opened at $186.05 on Friday. The company has a market cap of $10.74 billion, a P/E ratio of 33.77, a price-to-earnings-growth ratio of 2.13 and a beta of 0.93. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $188.25. The stock’s 50 day simple moving average is $173.03 and its 200 day simple moving average is $154.40. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 1.41.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.05. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the company earned $1.32 earnings per share. The business’s revenue was up 18.5% on a year-over-year basis. On average, research analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a $0.0625 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is 4.54%.

Insider Buying and Selling at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $172.06, for a total value of $120,442.00. Following the transaction, the director owned 27,052 shares in the company, valued at $4,654,567.12. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ENSG shares. Truist Financial set a $190.00 price target on shares of The Ensign Group in a research note on Tuesday, October 14th. UBS Group raised their target price on The Ensign Group from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Stephens lifted their target price on The Ensign Group from $165.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a report on Saturday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.60.

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.