Metropolitan Life Insurance Co NY increased its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 6.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,697 shares of the company’s stock after buying an additional 991 shares during the quarter. Metropolitan Life Insurance Co NY’s holdings in The Ensign Group were worth $792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of ENSG. BlackRock Inc. raised its holdings in The Ensign Group by 3.1% in the second quarter. BlackRock Inc. now owns 7,713,644 shares of the company’s stock worth $439,060,000 after purchasing an additional 229,895 shares in the last quarter. Vanguard Group Inc. increased its holdings in The Ensign Group by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 6,250,577 shares of the company’s stock worth $355,783,000 after acquiring an additional 179,105 shares in the last quarter. Wasatch Advisors Inc. increased its holdings in The Ensign Group by 1.2% in the 2nd quarter. Wasatch Advisors Inc. now owns 3,815,921 shares of the company’s stock worth $217,202,000 after acquiring an additional 46,531 shares in the last quarter. Copeland Capital Management LLC raised its stake in The Ensign Group by 4.6% during the 3rd quarter. Copeland Capital Management LLC now owns 853,205 shares of the company’s stock worth $40,467,000 after acquiring an additional 37,805 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in The Ensign Group by 100.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 776,107 shares of the company’s stock worth $43,680,000 after acquiring an additional 389,284 shares during the period. Institutional investors own 81.83% of the company’s stock.

Shares of ENSG opened at $43.53 on Monday. The Ensign Group, Inc. has a 52-week low of $36.21 and a 52-week high of $63.00. The company has a market cap of $2.32 billion, a PE ratio of 21.34, a P/E/G ratio of 1.43 and a beta of 0.87. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.77. The business has a fifty day moving average of $42.22 and a 200 day moving average of $49.78.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. The company had revenue of $600.51 million for the quarter, compared to analyst estimates of $601.12 million. The Ensign Group had a net margin of 4.84% and a return on equity of 17.27%. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.46 EPS. As a group, research analysts anticipate that The Ensign Group, Inc. will post 2.03 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on the stock. Stifel Nicolaus upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating and dropped their price target for the stock from $56.00 to $51.00 in a research report on Thursday, October 31st. BidaskClub upgraded The Ensign Group from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Stephens set a $47.00 price target on The Ensign Group and gave the company a “hold” rating in a report on Friday, November 1st. Royal Bank of Canada set a $50.00 price objective on The Ensign Group and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Oppenheimer set a $64.00 price target on The Ensign Group and gave the stock a “buy” rating in a research note on Thursday, September 26th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $52.80.

About The Ensign Group

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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