Beverly B. Wittekind Sells 9,664 Shares of The Ensign Group, Inc. (ENSG) Stock

The Ensign Group, Inc. (NASDAQ:ENSG) VP Beverly B. Wittekind sold 9,664 shares of the firm’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $23.60, for a total value of $228,070.40. Following the transaction, the vice president now owns 51,320 shares in the company, valued at $1,211,152. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

The Ensign Group, Inc. (NASDAQ ENSG) opened at $23.92 on Friday. The Ensign Group, Inc. has a fifty-two week low of $16.50 and a fifty-two week high of $24.78. The stock has a market capitalization of $1,212.74, a price-to-earnings ratio of 20.08 and a beta of 0.83. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.53.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Sunday, December 31st will be issued a $0.045 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is an increase from The Ensign Group’s previous quarterly dividend of $0.04. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.75%. The Ensign Group’s dividend payout ratio (DPR) is currently 20.00%.

Several large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio increased its holdings in shares of The Ensign Group by 77.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 203,924 shares of the company’s stock valued at $4,607,000 after acquiring an additional 89,040 shares during the period. California Public Employees Retirement System purchased a new position in shares of The Ensign Group in the 3rd quarter valued at $463,000. Granahan Investment Management Inc. MA increased its holdings in shares of The Ensign Group by 28.4% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 149,261 shares of the company’s stock valued at $3,372,000 after acquiring an additional 33,051 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in shares of The Ensign Group by 30.2% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 9,754 shares of the company’s stock valued at $220,000 after acquiring an additional 2,260 shares during the period. Finally, Royce & Associates LP increased its holdings in shares of The Ensign Group by 5.0% in the 3rd quarter. Royce & Associates LP now owns 407,759 shares of the company’s stock valued at $9,211,000 after acquiring an additional 19,570 shares during the period. Institutional investors and hedge funds own 84.77% of the company’s stock.

ENSG has been the topic of several research reports. Royal Bank of Canada restated a “buy” rating and set a $21.00 price objective on shares of The Ensign Group in a report on Tuesday, November 7th. BidaskClub downgraded The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. ValuEngine downgraded The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, Cantor Fitzgerald lifted their price target on The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $26.67.

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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.

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

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