California Public Employees Retirement System lowered its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,349 shares of the company’s stock after selling 13,781 shares during the period. California Public Employees Retirement System’s holdings in The Ensign Group were worth $4,125,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ENSG. Acadian Asset Management LLC grew its stake in The Ensign Group by 89.6% in the 4th quarter. Acadian Asset Management LLC now owns 173,132 shares of the company’s stock worth $6,716,000 after buying an additional 81,798 shares in the last quarter. First Trust Advisors LP grew its stake in The Ensign Group by 561.9% in the 4th quarter. First Trust Advisors LP now owns 130,175 shares of the company’s stock worth $5,049,000 after buying an additional 110,509 shares in the last quarter. Prudential Financial Inc. grew its stake in The Ensign Group by 5.7% in the 4th quarter. Prudential Financial Inc. now owns 125,782 shares of the company’s stock worth $4,879,000 after buying an additional 6,836 shares in the last quarter. BBT Capital Management LLC purchased a new position in The Ensign Group in the 4th quarter worth approximately $278,000. Finally, Piedmont Investment Advisors Inc. grew its stake in The Ensign Group by 3.8% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 11,714 shares of the company’s stock worth $454,000 after buying an additional 431 shares in the last quarter. 82.37% of the stock is currently owned by institutional investors.

In other news, CFO Suzanne D. Snapper sold 9,296 shares of the company’s stock in a transaction on Thursday, January 10th. The shares were sold at an average price of $41.54, for a total value of $386,155.84. Following the completion of the sale, the chief financial officer now owns 201,141 shares of the company’s stock, valued at approximately $8,355,397.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Suzanne D. Snapper sold 19,191 shares of the company’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $47.58, for a total transaction of $913,107.78. Following the completion of the sale, the chief financial officer now directly owns 228,505 shares of the company’s stock, valued at approximately $10,872,267.90. The disclosure for this sale can be found here. 6.00% of the stock is owned by insiders.

A number of equities analysts have commented on the stock. BidaskClub cut shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 1st. Zacks Investment Research cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $40.71.

ENSG stock opened at $50.47 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.29 and a quick ratio of 1.29. The Ensign Group, Inc. has a one year low of $25.80 and a one year high of $54.56. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 28.20, a P/E/G ratio of 1.61 and a beta of 0.98.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, February 6th. The company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.05. The Ensign Group had a net margin of 4.51% and a return on equity of 17.19%. The business had revenue of $544.85 million during the quarter, compared to analysts’ expectations of $523.15 million. During the same quarter in the previous year, the company earned $0.40 EPS. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. As a group, equities research analysts forecast that The Ensign Group, Inc. will post 2.06 earnings per share for the current fiscal year.

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The Ensign Group Company Profile

The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in 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, such as daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.

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

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