The Ensign Group, Inc. (NASDAQ:ENSG) VP Beverly B. Wittekind sold 5,000 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $22.55, for a total transaction of $112,750.00. Following the transaction, the vice president now directly owns 46,656 shares in the company, valued at $1,052,092.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

The Ensign Group, Inc. (NASDAQ:ENSG) traded up $0.71 during trading on Friday, hitting $22.82. 399,090 shares of the company’s stock were exchanged, compared to its average volume of 174,635. The Ensign Group, Inc. has a 12-month low of $16.50 and a 12-month high of $24.78. The company has a market capitalization of $1,131.38, a price-to-earnings ratio of 18.74 and a beta of 0.82. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.53.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Sunday, December 31st will be paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.79%. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date is Thursday, December 28th. The Ensign Group’s dividend payout ratio (DPR) is 18.89%.

Several institutional investors have recently added to or reduced their stakes in ENSG. Riverhead Capital Management LLC lifted its stake in shares of The Ensign Group by 86.6% in the second quarter. Riverhead Capital Management LLC now owns 4,664 shares of the company’s stock valued at $102,000 after buying an additional 2,164 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of The Ensign Group during the third quarter valued at about $104,000. Pinebridge Investments L.P. lifted its position in shares of The Ensign Group by 0.6% during the second quarter. Pinebridge Investments L.P. now owns 6,280 shares of the company’s stock valued at $137,000 after purchasing an additional 38 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of The Ensign Group by 17.6% during the second quarter. Victory Capital Management Inc. now owns 7,156 shares of the company’s stock valued at $156,000 after purchasing an additional 1,072 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of The Ensign Group by 7.5% during the second quarter. Oppenheimer Asset Management Inc. now owns 7,494 shares of the company’s stock valued at $163,000 after purchasing an additional 526 shares in the last quarter. 84.87% of the stock is currently owned by hedge funds and other institutional investors.

ENSG has been the topic of several research analyst reports. Royal Bank of Canada increased their target price on shares of The Ensign Group to $27.00 and gave the stock an “outperform” rating in a research note on Monday, November 20th. ValuEngine lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. BidaskClub lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, Cantor Fitzgerald raised their price objective on shares of The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. 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 company’s stock. The Ensign Group has a consensus rating of “Hold” and a consensus target price of $24.50.

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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.

Insider Buying and Selling by Quarter for The Ensign Group (NASDAQ:ENSG)

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