Zebra Capital Management LLC Decreases Stake in The Ensign Group, Inc. (ENSG)
Zebra Capital Management LLC decreased its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 31.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,903 shares of the company’s stock after selling 14,457 shares during the quarter. The Ensign Group comprises approximately 0.5% of Zebra Capital Management LLC’s investment portfolio, making the stock its 28th biggest position. Zebra Capital Management LLC owned about 0.06% of The Ensign Group worth $1,107,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the company. Millennium Management LLC acquired a new stake in The Ensign Group during the fourth quarter worth approximately $227,000. Wells Fargo & Company MN grew its position in The Ensign Group by 16.6% during the first quarter. Wells Fargo & Company MN now owns 301,454 shares of the company’s stock worth $7,927,000 after buying an additional 42,867 shares in the last quarter. Rhumbline Advisers grew its position in The Ensign Group by 1.8% during the first quarter. Rhumbline Advisers now owns 115,525 shares of the company’s stock worth $3,038,000 after buying an additional 2,090 shares in the last quarter. SG Americas Securities LLC acquired a new stake in The Ensign Group during the first quarter worth approximately $138,000. Finally, Prudential Financial Inc. grew its position in The Ensign Group by 20.5% during the first quarter. Prudential Financial Inc. now owns 97,942 shares of the company’s stock worth $2,576,000 after buying an additional 16,670 shares in the last quarter. 86.37% of the stock is currently owned by institutional investors.
NASDAQ ENSG opened at $36.07 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42. The Ensign Group, Inc. has a fifty-two week low of $19.94 and a fifty-two week high of $40.09. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 30.06, a price-to-earnings-growth ratio of 1.42 and a beta of 0.65.
In other The Ensign Group news, CFO Suzanne D. Snapper sold 47,039 shares of the company’s stock in a transaction on Friday, August 24th. The stock was sold at an average price of $38.25, for a total transaction of $1,799,241.75. Following the completion of the sale, the chief financial officer now directly owns 159,561 shares in the company, valued at $6,103,208.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher R. Christensen sold 21,241 shares of the company’s stock in a transaction on Monday, July 16th. The stock was sold at an average price of $37.42, for a total value of $794,838.22. The disclosure for this sale can be found here. Insiders have sold 154,149 shares of company stock valued at $5,825,750 over the last 90 days. Corporate insiders own 6.00% of the company’s stock.
A number of equities research analysts recently issued reports on the company. Citigroup increased their price target on The Ensign Group from $31.00 to $39.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 22nd. Cantor Fitzgerald reissued a “buy” rating and set a $42.00 price target on shares of The Ensign Group in a research report on Monday, July 30th. ValuEngine downgraded The Ensign Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 3rd. BidaskClub raised The Ensign Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 17th. Finally, Stifel Nicolaus set a $34.00 price target on The Ensign Group and gave the stock a “hold” rating in a research report on Thursday, August 16th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The Ensign Group has an average rating of “Buy” and a consensus price target of $38.13.
The Ensign Group Company Profile
The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses in the United States. It operates through 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, including daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.
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