RidgeWorth Capital Management LLC decreased its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 1.6% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 376,981 shares of the company’s stock after selling 6,024 shares during the period. RidgeWorth Capital Management LLC’s holdings in The Ensign Group were worth $7,103,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its stake in shares of The Ensign Group by 52.2% in the first quarter. Nisa Investment Advisors LLC now owns 7,000 shares of the company’s stock worth $132,000 after buying an additional 2,400 shares in the last quarter. Tudor Investment Corp Et Al purchased a new stake in shares of The Ensign Group during the fourth quarter worth approximately $222,000. Numeric Investors LLC purchased a new stake in shares of The Ensign Group during the fourth quarter worth approximately $253,000. Karp Capital Management Corp purchased a new stake in shares of The Ensign Group during the first quarter worth approximately $229,000. Finally, Silvercrest Asset Management Group LLC purchased a new stake in shares of The Ensign Group during the fourth quarter worth approximately $277,000. 87.18% of the stock is owned by institutional investors.
Shares of The Ensign Group, Inc. (NASDAQ:ENSG) traded down 0.05% during trading on Friday, hitting $18.63. The stock had a trading volume of 244,578 shares. The stock has a market cap of $944.58 million, a price-to-earnings ratio of 22.47 and a beta of 0.95. The stock’s 50-day moving average is $18.91 and its 200-day moving average is $19.86. The Ensign Group, Inc. has a 12-month low of $16.50 and a 12-month high of $23.18.
The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Monday, May 1st. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.01. The company had revenue of $441.74 million for the quarter, compared to analyst estimates of $435.72 million. The Ensign Group had a return on equity of 13.94% and a net margin of 3.02%. On average, equities research analysts expect that The Ensign Group, Inc. will post $1.48 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Sunday, April 30th. Shareholders of record on Friday, March 31st were issued a dividend of $0.0425 per share. This represents a $0.17 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Wednesday, March 29th. The Ensign Group’s payout ratio is 17.71%.
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A number of analysts have commented on the company. Zacks Investment Research cut The Ensign Group from a “hold” rating to a “sell” rating in a research report on Thursday, April 20th. Royal Bank of Canada reaffirmed a “buy” rating on shares of The Ensign Group in a research report on Friday, February 10th. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $26.00 price target (down previously from $29.00) on shares of The Ensign Group in a research report on Friday, February 10th. TheStreet cut The Ensign Group from a “b” rating to a “c+” rating in a research report on Wednesday, January 25th. Finally, Wells Fargo & Co cut The Ensign Group from a “market perform” rating to an “underperform” rating in a research report on Friday, April 28th. Three equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The Ensign Group presently has a consensus rating of “Hold” and a consensus price target of $22.60.
In other The Ensign Group news, Director John G. Nackel bought 3,462 shares of the firm’s stock in a transaction dated Friday, April 28th. The stock was acquired at an average price of $17.55 per share, for a total transaction of $60,758.10. Following the completion of the purchase, the director now owns 96,732 shares of the company’s stock, valued at $1,697,646.60. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, VP Barry Port sold 3,884 shares of the stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of $18.13, for a total transaction of $70,416.92. Following the sale, the vice president now owns 122,442 shares of the company’s stock, valued at approximately $2,219,873.46. The disclosure for this sale can be found here. Company insiders own 6.50% of the company’s stock.
About The Ensign Group
The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.
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