The Ensign Group, Inc. (ENSG) Stake Held by Royce & Associates LP
Royce & Associates LP held its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the first quarter, Holdings Channel reports. The firm owned 410,168 shares of the company’s stock at the end of the first quarter. Royce & Associates LP owned 0.81% of The Ensign Group worth $7,711,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of ENSG. Victory Capital Management Inc. raised its position in shares of The Ensign Group by 36.8% in the first quarter. Victory Capital Management Inc. now owns 6,084 shares of the company’s stock worth $114,000 after buying an additional 1,638 shares during the period. Nisa Investment Advisors LLC raised its position 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 during the period. Mason Street Advisors LLC raised its position in shares of The Ensign Group by 7.6% in the first quarter. Mason Street Advisors LLC now owns 11,188 shares of the company’s stock worth $210,000 after buying an additional 786 shares during the period. Tudor Investment Corp Et Al acquired a new position in shares of The Ensign Group during the fourth quarter worth $222,000. Finally, Karp Capital Management Corp acquired a new position in shares of The Ensign Group during the first quarter worth $229,000. 87.79% of the stock is owned by institutional investors and hedge funds.
The Ensign Group, Inc. (NASDAQ ENSG) traded up 0.05% during midday trading on Friday, hitting $20.69. 371,051 shares of the stock traded hands. The stock has a market cap of $1.05 billion, a PE ratio of 24.96 and a beta of 0.91. The Ensign Group, Inc. has a 12 month low of $16.51 and a 12 month high of $23.18. The company has a 50-day moving average of $19.30 and a 200-day moving average of $19.70.
The Ensign Group (NASDAQ:ENSG) last announced 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 Ensign Group had a return on equity of 13.51% and a net margin of 2.55%. The firm had revenue of $441.74 million during the quarter, compared to analysts’ expectations of $435.72 million. On average, equities research analysts anticipate that The Ensign Group, Inc. will post $1.49 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Friday, June 30th will be given a dividend of $0.0425 per share. This represents a $0.17 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, June 28th. The Ensign Group’s dividend payout ratio is currently 20.48%.
A number of brokerages have weighed in on ENSG. Zacks Investment Research raised The Ensign Group from a “sell” rating to a “hold” rating in a research report on Thursday, May 25th. BidaskClub raised The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 10th. Finally, Wells Fargo & Company lowered The Ensign Group from a “market perform” rating to an “underperform” rating in a research report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $22.60.
In related news, Director John G. Nackel purchased 3,462 shares of The Ensign Group stock in a transaction that occurred on Friday, April 28th. The stock was bought at an average cost of $17.55 per share, for a total transaction of $60,758.10. Following the completion of the transaction, the director now owns 96,732 shares in the company, valued at $1,697,646.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 6.20% of the stock is currently owned by company insiders.
The Ensign Group Company Profile
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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