Daren Shaw Sells 2,000 Shares of The Ensign Group, Inc. (NASDAQ:ENSG) Stock

The Ensign Group, Inc. (NASDAQ:ENSGGet Free Report) Director Daren Shaw sold 2,000 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $118.26, for a total value of $236,520.00. Following the completion of the transaction, the director now directly owns 30,250 shares of the company’s stock, valued at approximately $3,577,365. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Daren Shaw also recently made the following trade(s):

  • On Monday, April 15th, Daren Shaw sold 4,463 shares of The Ensign Group stock. The stock was sold at an average price of $118.96, for a total value of $530,918.48.

The Ensign Group Stock Performance

Shares of NASDAQ ENSG opened at $119.79 on Friday. The Ensign Group, Inc. has a one year low of $87.14 and a one year high of $127.57. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $120.07 and a 200 day simple moving average of $115.91. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 1.60 and a beta of 0.95.

The Ensign Group Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 annualized dividend and a yield of 0.20%. The Ensign Group’s dividend payout ratio is currently 6.32%.

Institutional Investors Weigh In On The Ensign Group

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of The Ensign Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 6,661,581 shares of the company’s stock worth $828,834,000 after acquiring an additional 39,695 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of The Ensign Group by 9.2% in the fourth quarter. Capital Research Global Investors now owns 2,620,360 shares of the company’s stock valued at $294,031,000 after buying an additional 221,838 shares during the last quarter. Crewe Advisors LLC grew its holdings in The Ensign Group by 3.1% during the 4th quarter. Crewe Advisors LLC now owns 1,211,171 shares of the company’s stock worth $135,905,000 after acquiring an additional 36,587 shares during the last quarter. Van Berkom & Associates Inc. increased its position in The Ensign Group by 13.8% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,000,973 shares of the company’s stock valued at $93,020,000 after acquiring an additional 121,432 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of The Ensign Group by 8.4% in the third quarter. Northern Trust Corp now owns 788,500 shares of the company’s stock worth $73,275,000 after acquiring an additional 61,127 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ENSG. Oppenheimer lifted their price objective on shares of The Ensign Group from $130.00 to $135.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Stephens reiterated an “overweight” rating and set a $135.00 price objective on shares of The Ensign Group in a research report on Tuesday, April 23rd. Finally, Royal Bank of Canada lifted their target price on The Ensign Group from $112.00 to $133.00 and gave the stock an “outperform” rating in a report on Tuesday, February 6th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $124.60.

Get Our Latest Analysis on ENSG

The Ensign Group Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for The Ensign Group (NASDAQ:ENSG)

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