The Ensign Group, Inc. (NASDAQ:ENSG – Get Free Report) Director Mark Vincent Parkinson sold 100 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $196.60, for a total value of $19,660.00. Following the completion of the sale, the director owned 3,400 shares of the company’s stock, valued at $668,440. This represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mark Vincent Parkinson also recently made the following trade(s):
- On Monday, February 9th, Mark Vincent Parkinson sold 100 shares of The Ensign Group stock. The stock was sold at an average price of $198.00, for a total value of $19,800.00.
The Ensign Group Price Performance
Shares of The Ensign Group stock traded up $2.39 during midday trading on Friday, hitting $200.11. 244,010 shares of the company were exchanged, compared to its average volume of 367,021. The firm has a 50 day simple moving average of $205.91 and a 200-day simple moving average of $188.18. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a market cap of $11.59 billion, a P/E ratio of 34.27, a PEG ratio of 1.94 and a beta of 0.81. The Ensign Group, Inc. has a 52 week low of $118.73 and a 52 week high of $218.00.
The Ensign Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be given a dividend of $0.065 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is 4.45%.
Institutional Trading of The Ensign Group
Several large investors have recently made changes to their positions in the business. Campbell Newman Asset Management Inc. increased its position in The Ensign Group by 1.7% in the first quarter. Campbell Newman Asset Management Inc. now owns 19,085 shares of the company’s stock worth $3,846,000 after purchasing an additional 317 shares during the period. SG Americas Securities LLC lifted its position in The Ensign Group by 3.2% during the 1st quarter. SG Americas Securities LLC now owns 39,263 shares of the company’s stock valued at $7,911,000 after purchasing an additional 1,234 shares during the period. Evolve Private Wealth LLC lifted its position in The Ensign Group by 6.6% during the 1st quarter. Evolve Private Wealth LLC now owns 4,443 shares of the company’s stock valued at $895,000 after purchasing an additional 276 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in The Ensign Group by 1.5% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 20,531 shares of the company’s stock valued at $4,137,000 after purchasing an additional 297 shares during the period. Finally, Hsbc Holdings PLC lifted its position in The Ensign Group by 515.5% during the 4th quarter. Hsbc Holdings PLC now owns 16,446 shares of the company’s stock valued at $2,873,000 after purchasing an additional 13,774 shares during the period. Institutional investors own 96.12% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on ENSG shares. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. UBS Group set a $230.00 price objective on shares of The Ensign Group and gave the stock a “buy” rating in a report on Friday, February 6th. Zacks Research cut shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Truist Financial set a $215.00 target price on The Ensign Group and gave the stock a “hold” rating in a report on Friday, February 6th. Finally, Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.60.
Read Our Latest Analysis on ENSG
About The Ensign Group
The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.
Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.
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