The Ensign Group, Inc. (NASDAQ:ENSG) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,093 shares of the company’s stock after selling 383 shares during the period. HighTower Advisors LLC’s holdings in The Ensign Group were worth $4,264,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ENSG. FMR LLC lifted its position in shares of The Ensign Group by 42.3% during the third quarter. FMR LLC now owns 1,995,971 shares of the company’s stock worth $287,061,000 after purchasing an additional 593,779 shares during the last quarter. Geode Capital Management LLC raised its stake in The Ensign Group by 5.1% during the third quarter. Geode Capital Management LLC now owns 1,363,822 shares of the company’s stock valued at $196,181,000 after buying an additional 66,314 shares in the last quarter. Crewe Advisors LLC lifted its holdings in The Ensign Group by 0.9% during the 3rd quarter. Crewe Advisors LLC now owns 1,110,692 shares of the company’s stock worth $159,740,000 after buying an additional 10,221 shares during the last quarter. Copeland Capital Management LLC increased its holdings in shares of The Ensign Group by 0.8% in the 4th quarter. Copeland Capital Management LLC now owns 944,077 shares of the company’s stock valued at $125,430,000 after acquiring an additional 7,542 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of The Ensign Group by 3.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 800,606 shares of the company’s stock valued at $115,143,000 after acquiring an additional 23,381 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

Insiders Place Their Bets

In other The Ensign Group news, Director Daren Shaw sold 2,000 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $129.66, for a total transaction of $259,320.00. Following the sale, the director now directly owns 26,325 shares in the company, valued at approximately $3,413,299.50. The trade was a 7.06 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $133.43, for a total transaction of $93,401.00. Following the completion of the sale, the director now directly owns 30,852 shares of the company’s stock, valued at approximately $4,116,582.36. This represents a 2.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,186 shares of company stock worth $6,345,115. 3.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ENSG has been the subject of a number of research reports. Macquarie lifted their price objective on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Truist Financial decreased their price target on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a report on Monday, January 6th. Stephens reiterated an “overweight” rating and set a $155.00 price objective on shares of The Ensign Group in a research note on Thursday, February 6th. Finally, UBS Group assumed coverage on The Ensign Group in a research note on Thursday, November 21st. They issued a “buy” rating and a $175.00 target price for the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $165.17.

The Ensign Group Trading Up 0.9 %

Shares of NASDAQ:ENSG opened at $130.79 on Thursday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average price is $132.98 and its 200 day moving average price is $141.11. The company has a market cap of $7.51 billion, a PE ratio of 25.59, a P/E/G ratio of 1.52 and a beta of 0.98. The Ensign Group, Inc. has a fifty-two week low of $113.27 and a fifty-two week high of $158.45.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.11). The Ensign Group had a net margin of 6.99% and a return on equity of 17.07%. Sell-side analysts anticipate that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

The Ensign Group Company Profile

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.