The Ensign Group, Inc. (NASDAQ:ENSG – Get Free Report) Director Mark Vincent Parkinson sold 100 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $196.60, for a total value of $19,660.00. Following the transaction, the director owned 3,400 shares of the company’s stock, valued at $668,440. The trade was a 2.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Vincent Parkinson also recently made the following trade(s):
- On Monday, February 9th, Mark Vincent Parkinson sold 100 shares of The Ensign Group stock. The stock was sold at an average price of $198.00, for a total value of $19,800.00.
The Ensign Group Price Performance
ENSG stock opened at $200.11 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market capitalization of $11.59 billion, a price-to-earnings ratio of 34.27, a PEG ratio of 1.96 and a beta of 0.81. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $218.00. The stock has a fifty day moving average of $205.95 and a 200-day moving average of $188.58.
The Ensign Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.065 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is presently 4.45%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Campbell Newman Asset Management Inc. raised its holdings in shares of The Ensign Group by 1.7% in the 1st quarter. Campbell Newman Asset Management Inc. now owns 19,085 shares of the company’s stock valued at $3,846,000 after acquiring an additional 317 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of The Ensign Group by 3.2% in the 1st quarter. SG Americas Securities LLC now owns 39,263 shares of the company’s stock valued at $7,911,000 after acquiring an additional 1,234 shares in the last quarter. Evolve Private Wealth LLC raised its holdings in shares of The Ensign Group by 6.6% in the 1st quarter. Evolve Private Wealth LLC now owns 4,443 shares of the company’s stock valued at $895,000 after acquiring an additional 276 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of The Ensign Group by 1.5% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 20,531 shares of the company’s stock valued at $4,137,000 after acquiring an additional 297 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of The Ensign Group by 515.5% in the 4th quarter. Hsbc Holdings PLC now owns 16,446 shares of the company’s stock valued at $2,873,000 after acquiring an additional 13,774 shares in the last quarter. Institutional investors own 96.12% of the company’s stock.
Analyst Ratings Changes
Several brokerages have commented on ENSG. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research note on Thursday, January 22nd. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research downgraded The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Royal Bank Of Canada restated an “outperform” rating and issued a $222.00 target price (up from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th. Finally, Truist Financial set a $215.00 target price on The Ensign Group and gave the stock a “hold” rating in a research note on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $204.60.
Get Our Latest Analysis on The Ensign Group
About The Ensign Group
The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.
Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.
Further Reading
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