The Ensign Group, Inc. (NASDAQ:ENSG) reached a new 52-week high during trading on Friday . The company traded as high as $25.09 and last traded at $25.10, with a volume of 328627 shares trading hands. The stock had previously closed at $23.57.

A number of equities research analysts have commented on ENSG shares. Stifel Nicolaus set a $22.00 price target on The Ensign Group and gave the company a “hold” rating in a research report on Friday. BidaskClub lowered The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Royal Bank of Canada reiterated a “buy” rating and issued a $21.00 price target on shares of The Ensign Group in a research report on Tuesday, November 7th. Cantor Fitzgerald upped their price target on The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, November 9th. Finally, ValuEngine lowered The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.50.

The firm has a market capitalization of $1,209.16, a P/E ratio of 27.68 and a beta of 0.81. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.59.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). The business had revenue of $471.59 million during the quarter, compared to analyst estimates of $445.95 million. The Ensign Group had a net margin of 2.65% and a return on equity of 13.15%. sell-side analysts forecast that The Ensign Group, Inc. will post 1.28 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Sunday, December 31st were paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.71%. This is an increase from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, December 28th. The Ensign Group’s payout ratio is currently 20.00%.

In other news, Director Antoinette T. Hubenette sold 18,330 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $23.70, for a total value of $434,421.00. Following the transaction, the director now directly owns 44,456 shares of the company’s stock, valued at approximately $1,053,607.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Beverly B. Wittekind sold 5,000 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $22.55, for a total value of $112,750.00. Following the completion of the transaction, the vice president now directly owns 46,656 shares in the company, valued at $1,052,092.80. The disclosure for this sale can be found here. Insiders sold a total of 69,318 shares of company stock worth $1,648,075 over the last three months. 6.20% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of ENSG. Ameriprise Financial Inc. raised its stake in The Ensign Group by 68.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 463,244 shares of the company’s stock worth $10,085,000 after buying an additional 187,941 shares during the period. Russell Investments Group Ltd. raised its stake in The Ensign Group by 59.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 502,129 shares of the company’s stock worth $11,342,000 after buying an additional 186,533 shares during the period. Wasatch Advisors Inc. raised its stake in The Ensign Group by 2.6% during the 2nd quarter. Wasatch Advisors Inc. now owns 6,589,769 shares of the company’s stock worth $143,459,000 after buying an additional 170,072 shares during the period. LSV Asset Management raised its stake in The Ensign Group by 20.7% during the 4th quarter. LSV Asset Management now owns 952,070 shares of the company’s stock worth $21,135,000 after buying an additional 163,007 shares during the period. Finally, BlackRock Inc. raised its stake in The Ensign Group by 2.4% during the 4th quarter. BlackRock Inc. now owns 6,156,602 shares of the company’s stock worth $136,676,000 after buying an additional 145,405 shares during the period. 83.86% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/the-ensign-group-ensg-reaches-new-12-month-high-at-25-09/1855853.html.

About The Ensign Group

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.

Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.