The Ensign Group, Inc. (NASDAQ:ENSG) VP Chad Keetch sold 64,039 shares of the business’s stock in a transaction dated Monday, November 5th. The shares were sold at an average price of $44.90, for a total transaction of $2,875,351.10. Following the sale, the vice president now directly owns 70,892 shares of the company’s stock, valued at approximately $3,183,050.80. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Chad Keetch also recently made the following trade(s):
- On Tuesday, September 4th, Chad Keetch sold 197 shares of The Ensign Group stock. The shares were sold at an average price of $38.62, for a total transaction of $7,608.14.
The Ensign Group stock traded up $1.48 during midday trading on Wednesday, reaching $46.39. 409,632 shares of the stock traded hands, compared to its average volume of 259,782. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 1.79 and a beta of 0.65. The Ensign Group, Inc. has a fifty-two week low of $21.67 and a fifty-two week high of $47.30.
The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Wednesday, October 31st. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $522.21 million during the quarter, compared to analyst estimates of $506.14 million. The Ensign Group had a net margin of 3.86% and a return on equity of 16.10%. The Ensign Group’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 EPS. Research analysts expect that The Ensign Group, Inc. will post 1.71 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Sunday, September 30th were paid a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date was Thursday, September 27th. The Ensign Group’s payout ratio is 15.00%.
ENSG has been the subject of a number of recent research reports. Stephens reaffirmed a “buy” rating and set a $41.00 price objective on shares of The Ensign Group in a research report on Sunday, August 5th. SunTrust Banks reissued a “buy” rating and set a $41.00 target price on shares of The Ensign Group in a research note on Friday, August 3rd. ValuEngine lowered shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 3rd. BidaskClub lowered shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 1st. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $42.00 target price on shares of The Ensign Group in a research note on Monday, July 30th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $39.00.
Large investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. lifted its stake in shares of The Ensign Group by 6.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 368,522 shares of the company’s stock worth $13,201,000 after acquiring an additional 20,806 shares during the period. BlackRock Inc. lifted its stake in shares of The Ensign Group by 14.1% in the 2nd quarter. BlackRock Inc. now owns 7,187,953 shares of the company’s stock worth $257,471,000 after acquiring an additional 890,137 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of The Ensign Group in the 2nd quarter worth approximately $16,497,000. BlueMountain Capital Management LLC acquired a new stake in shares of The Ensign Group in the 2nd quarter worth approximately $248,000. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of The Ensign Group by 3.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 237,720 shares of the company’s stock worth $8,515,000 after acquiring an additional 7,378 shares during the period. 84.70% of the stock is owned by institutional investors.
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About The Ensign Group
The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses in the United States. It operates through three segments: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. The Transitional and Skilled Services segment offers a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services, including daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.
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