DekaBank Deutsche Girozentrale Acquires 495 Shares of The Ensign Group, Inc. $ENSG

DekaBank Deutsche Girozentrale grew its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 1.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,341 shares of the company’s stock after purchasing an additional 495 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.05% of The Ensign Group worth $4,631,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. DeDora Capital Inc. grew its stake in shares of The Ensign Group by 5.2% in the 2nd quarter. DeDora Capital Inc. now owns 7,844 shares of the company’s stock valued at $1,210,000 after purchasing an additional 385 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of The Ensign Group in the 2nd quarter valued at approximately $1,309,000. Huntleigh Advisors Inc. grew its stake in shares of The Ensign Group by 5.6% in the 2nd quarter. Huntleigh Advisors Inc. now owns 4,568 shares of the company’s stock valued at $705,000 after purchasing an additional 244 shares during the period. Mutual Advisors LLC bought a new stake in shares of The Ensign Group in the 2nd quarter valued at approximately $226,000. Finally, Equitable Trust Co. grew its stake in shares of The Ensign Group by 59.6% in the 2nd quarter. Equitable Trust Co. now owns 8,051 shares of the company’s stock valued at $1,242,000 after purchasing an additional 3,005 shares during the period. 96.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ENSG shares. Truist Financial set a $190.00 price objective on The Ensign Group in a research note on Tuesday, October 14th. Stephens upped their price objective on The Ensign Group from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. UBS Group upped their price objective on The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $178.60.

The Ensign Group Stock Up 0.4%

NASDAQ ENSG opened at $186.05 on Friday. The firm has a market cap of $10.74 billion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 2.13 and a beta of 0.93. The Ensign Group, Inc. has a one year low of $118.73 and a one year high of $188.25. The stock’s 50 day simple moving average is $173.03 and its 200 day simple moving average is $154.19. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Thursday, July 24th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.05. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. The Ensign Group had a return on equity of 16.92% and a net margin of 6.99%.The Ensign Group’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.32 EPS. As a group, sell-side analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Tuesday, September 30th. The Ensign Group’s dividend payout ratio (DPR) is presently 4.54%.

Insider Buying and Selling

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $172.06, for a total value of $120,442.00. Following the transaction, the director directly owned 27,052 shares in the company, valued at approximately $4,654,567.12. This trade represents a 2.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.90% of the company’s stock.

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.