Texas Permanent School Fund boosted its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,183 shares of the company’s stock after acquiring an additional 1,376 shares during the period. Texas Permanent School Fund’s holdings in The Ensign Group were worth $1,248,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Gagnon Securities LLC increased its position in The Ensign Group by 0.6% in the 4th quarter. Gagnon Securities LLC now owns 470,047 shares of the company’s stock valued at $18,233,000 after acquiring an additional 2,758 shares during the period. Meeder Asset Management Inc. acquired a new position in The Ensign Group in the 4th quarter valued at about $29,000. Bank of New York Mellon Corp increased its position in The Ensign Group by 4.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 691,990 shares of the company’s stock valued at $24,788,000 after acquiring an additional 31,850 shares during the period. Bridgeway Capital Management Inc. increased its position in The Ensign Group by 658.8% in the 3rd quarter. Bridgeway Capital Management Inc. now owns 99,400 shares of the company’s stock valued at $3,769,000 after acquiring an additional 86,300 shares during the period. Finally, Pacific Ridge Capital Partners LLC increased its position in The Ensign Group by 5.6% in the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 48,290 shares of the company’s stock valued at $1,831,000 after acquiring an additional 2,540 shares during the period. Hedge funds and other institutional investors own 82.37% of the company’s stock.

In other The Ensign Group news, CFO Suzanne D. Snapper sold 19,191 shares of The Ensign Group stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $47.58, for a total value of $913,107.78. Following the sale, the chief financial officer now owns 228,505 shares of the company’s stock, valued at approximately $10,872,267.90. 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 9,296 shares of The Ensign Group stock in a transaction that occurred 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 directly owns 201,141 shares in the company, valued at approximately $8,355,397.14. The disclosure for this sale can be found here. 6.00% of the stock is currently owned by insiders.

Several brokerages recently issued reports on ENSG. BidaskClub cut The Ensign Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 1st. Zacks Investment Research cut The Ensign Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The Ensign Group currently has an average rating of “Buy” and an average price target of $40.71.

ENSG traded down $0.09 during trading on Friday, reaching $51.13. The company’s stock had a trading volume of 135,797 shares, compared to its average volume of 327,214. The Ensign Group, Inc. has a 52-week low of $25.80 and a 52-week high of $54.56. The firm has a market capitalization of $2.67 billion, a PE ratio of 28.56, a P/E/G ratio of 1.61 and a beta of 0.98. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.39.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Wednesday, February 6th. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.05. The Ensign Group had a return on equity of 17.19% and a net margin of 4.51%. The company had revenue of $544.85 million for the quarter, compared to analyst estimates of $523.15 million. During the same quarter in the previous year, the company earned $0.40 EPS. The firm’s revenue for the quarter was up 11.7% compared to the same quarter last year. On average, sell-side analysts predict that The Ensign Group, Inc. will post 2.06 EPS for the current year.

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The Ensign Group 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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