1,055,677 Shares in The Ensign Group, Inc. (NASDAQ:ENSG) Acquired by Baillie Gifford & Co.

Baillie Gifford & Co. acquired a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,055,677 shares of the company’s stock, valued at approximately $151,827,000.

Other large investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in The Ensign Group during the 2nd quarter worth about $31,000. EntryPoint Capital LLC purchased a new stake in The Ensign Group in the first quarter valued at $34,000. Signaturefd LLC grew its position in The Ensign Group by 115.2% during the 3rd quarter. Signaturefd LLC now owns 284 shares of the company’s stock worth $41,000 after purchasing an additional 152 shares during the period. LRI Investments LLC purchased a new position in The Ensign Group during the first quarter valued at approximately $45,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of The Ensign Group during the 2nd quarter valued at approximately $49,000. 96.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at The Ensign Group

In other news, Director Daren Shaw sold 2,000 shares of The Ensign Group stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $141.71, for a total value of $283,420.00. Following the completion of the sale, the director now directly owns 29,125 shares of the company’s stock, valued at approximately $4,127,303.75. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other The Ensign Group news, CEO Barry Port sold 5,618 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $150.00, for a total transaction of $842,700.00. Following the sale, the chief executive officer now directly owns 53,716 shares in the company, valued at $8,057,400. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Daren Shaw sold 2,000 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $141.71, for a total value of $283,420.00. Following the sale, the director now directly owns 29,125 shares in the company, valued at $4,127,303.75. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,118 shares of company stock valued at $1,943,620 over the last quarter. 3.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ENSG has been the topic of a number of recent analyst reports. Royal Bank of Canada increased their price target on The Ensign Group from $167.00 to $172.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Stephens boosted their target price on shares of The Ensign Group from $163.00 to $167.00 and gave the stock an “overweight” rating in a research note on Monday, October 28th. Oppenheimer increased their target price on The Ensign Group from $165.00 to $168.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Finally, Truist Financial boosted their price target on The Ensign Group from $160.00 to $170.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and a consensus target price of $162.20.

The Ensign Group Stock Performance

NASDAQ:ENSG opened at $151.59 on Tuesday. The company’s 50-day moving average is $149.62 and its two-hundred day moving average is $136.33. The firm has a market capitalization of $8.69 billion, a price-to-earnings ratio of 36.70, a PEG ratio of 1.98 and a beta of 0.95. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.56. The Ensign Group, Inc. has a 1-year low of $102.33 and a 1-year high of $158.45.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Thursday, October 24th. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.01. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.07 billion. The Ensign Group had a return on equity of 17.21% and a net margin of 5.84%. During the same period last year, the company earned $1.10 EPS. The company’s quarterly revenue was up 15.0% on a year-over-year basis. Analysts forecast that The Ensign Group, Inc. will post 5 EPS for the current year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were issued a $0.06 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.24 annualized dividend and a yield of 0.16%. The Ensign Group’s dividend payout ratio (DPR) is presently 5.81%.

The Ensign Group 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.