The Ensign Group, Inc. (NASDAQ:ENSG) Shares Acquired by De Lisle Partners LLP

De Lisle Partners LLP increased its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 120.1% during the third quarter, HoldingsChannel.com reports. The fund owned 22,010 shares of the company’s stock after buying an additional 12,010 shares during the period. De Lisle Partners LLP’s holdings in The Ensign Group were worth $3,168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. CWM LLC grew its position in The Ensign Group by 16.2% during the 3rd quarter. CWM LLC now owns 508 shares of the company’s stock worth $73,000 after purchasing an additional 71 shares during the last quarter. Miller Howard Investments Inc. NY grew its holdings in shares of The Ensign Group by 2.4% during the second quarter. Miller Howard Investments Inc. NY now owns 3,018 shares of the company’s stock worth $373,000 after buying an additional 72 shares during the last quarter. Farther Finance Advisors LLC increased its position in The Ensign Group by 0.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,908 shares of the company’s stock valued at $982,000 after acquiring an additional 72 shares during the period. Blue Trust Inc. raised its stake in The Ensign Group by 21.2% during the 2nd quarter. Blue Trust Inc. now owns 429 shares of the company’s stock valued at $53,000 after acquiring an additional 75 shares during the last quarter. Finally, Harfst & Associates Inc. lifted its position in The Ensign Group by 0.7% during the 2nd quarter. Harfst & Associates Inc. now owns 12,221 shares of the company’s stock worth $1,512,000 after acquiring an additional 89 shares during the period. 96.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at The Ensign Group

In other news, CEO Barry Port sold 2,000 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $155.00, for a total value of $310,000.00. Following the sale, the chief executive officer now directly owns 53,716 shares in the company, valued at $8,325,980. This represents a 3.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.90% of the stock is owned by corporate insiders.

The Ensign Group Price Performance

Shares of NASDAQ ENSG opened at $145.98 on Thursday. The company’s fifty day moving average is $148.48 and its two-hundred day moving average is $138.53. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market capitalization of $8.36 billion, a P/E ratio of 35.35, a PEG ratio of 1.93 and a beta of 0.95. The Ensign Group, Inc. has a one year low of $104.18 and a one year high of $158.45.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Thursday, October 24th. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. The Ensign Group had a net margin of 5.84% and a return on equity of 17.21%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the business posted $1.10 earnings per share. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. Analysts forecast that The Ensign Group, Inc. will post 5.02 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.16%. The Ensign Group’s payout ratio is 5.81%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ENSG shares. Stephens boosted their target price on The Ensign Group from $163.00 to $167.00 and gave the company an “overweight” rating in a report on Monday, October 28th. UBS Group initiated coverage on shares of The Ensign Group in a research note on Thursday, November 21st. They issued a “buy” rating and a $175.00 price objective on the stock. Royal Bank of Canada upped their price objective on shares of The Ensign Group from $167.00 to $172.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Oppenheimer lifted their target price on shares of 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 increased their price target on shares of The Ensign Group from $160.00 to $170.00 and gave the stock a “hold” rating in a report on Monday, October 28th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, The Ensign Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.33.

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.