Schwab Charles Investment Management Inc. boosted its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 5.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 213,266 shares of the company’s stock after buying an additional 11,238 shares during the period. Schwab Charles Investment Management Inc.’s holdings in The Ensign Group were worth $4,010,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. United Capital Financial Advisers LLC increased its stake in The Ensign Group by 3.6% in the first quarter. United Capital Financial Advisers LLC now owns 198,308 shares of the company’s stock worth $3,728,000 after buying an additional 6,858 shares during the period. BlackRock Inc. increased its stake in The Ensign Group by 132,060.3% in the first quarter. BlackRock Inc. now owns 5,931,353 shares of the company’s stock worth $111,509,000 after buying an additional 5,926,865 shares during the period. Renaissance Technologies LLC purchased a new stake in The Ensign Group during the first quarter worth $517,000. Citadel Advisors LLC purchased a new stake in The Ensign Group during the first quarter worth $1,593,000. Finally, Palouse Capital Management Inc. increased its stake in The Ensign Group by 70.0% in the first quarter. Palouse Capital Management Inc. now owns 15,885 shares of the company’s stock worth $299,000 after buying an additional 6,542 shares during the period. 86.69% of the stock is owned by institutional investors.

Shares of The Ensign Group, Inc. (NASDAQ:ENSG) traded down 0.669% on Tuesday, hitting $20.055. The company had a trading volume of 18,322 shares. The Ensign Group, Inc. has a 12-month low of $16.51 and a 12-month high of $23.35. The firm has a market capitalization of $1.02 billion, a P/E ratio of 23.347 and a beta of 0.84. The firm has a 50 day moving average of $21.56 and a 200-day moving average of $19.67.

The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were issued a dividend of $0.0425 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.17 annualized dividend and a yield of 0.84%. The Ensign Group’s payout ratio is presently 20.24%.

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ENSG has been the topic of a number of recent analyst reports. Wells Fargo & Company downgraded The Ensign Group from a “market perform” rating to an “underperform” rating in a research note on Friday, April 28th. BidaskClub raised The Ensign Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 17th. Zacks Investment Research raised The Ensign Group from a “sell” rating to a “hold” rating in a research note on Tuesday, June 6th. Finally, TheStreet raised The Ensign Group from a “c+” rating to a “b” rating in a research note on Monday, August 7th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $22.00.

In related news, VP Barry Port sold 10,000 shares of the company’s stock in a transaction dated Monday, July 24th. The stock was sold at an average price of $23.00, for a total transaction of $230,000.00. Following the sale, the vice president now owns 135,642 shares in the company, valued at $3,119,766. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 11,761 shares of company stock worth $267,981 in the last quarter. 6.20% of the stock is currently owned by corporate insiders.

The Ensign Group Company Profile

The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.

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

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