Shares of The Ensign Group, Inc. (NASDAQ:ENSG) have been given an average recommendation of “Hold” by the eight analysts that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $22.00.

A number of brokerages have commented on ENSG. Zacks Investment Research upgraded shares of The Ensign Group from a “sell” rating to a “hold” rating in a research note on Thursday, May 25th. TheStreet upgraded shares of The Ensign Group from a “c+” rating to a “b” rating in a research note on Monday, August 7th. Finally, BidaskClub lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 6th.

Shares of The Ensign Group (NASDAQ:ENSG) traded up 2.24% on Friday, reaching $21.01. 112,934 shares of the company traded hands. The Ensign Group has a one year low of $16.51 and a one year high of $23.35. The company has a market capitalization of $1.07 billion, a PE ratio of 24.46 and a beta of 0.86. The firm has a 50-day moving average price of $20.74 and a 200 day moving average price of $19.78.

In other news, VP Barry Port sold 10,000 shares of the company’s stock in a transaction on Monday, July 24th. The shares were sold at an average price of $23.00, for a total value of $230,000.00. Following the completion of the sale, the vice president now owns 135,642 shares in the company, valued at approximately $3,119,766. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 12,076 shares of company stock valued at $274,998. Company insiders own 6.20% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Riverhead Capital Management LLC grew its stake in shares of The Ensign Group by 86.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,664 shares of the company’s stock worth $102,000 after acquiring an additional 2,164 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of The Ensign Group by 36.8% in the 1st quarter. Victory Capital Management Inc. now owns 6,084 shares of the company’s stock worth $114,000 after acquiring an additional 1,638 shares in the last quarter. Pinebridge Investments L.P. grew its stake in shares of The Ensign Group by 0.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 6,280 shares of the company’s stock worth $137,000 after acquiring an additional 38 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of The Ensign Group in the 1st quarter worth $131,000. Finally, UBS Group AG grew its stake in shares of The Ensign Group by 93.9% in the 1st quarter. UBS Group AG now owns 6,986 shares of the company’s stock worth $131,000 after acquiring an additional 3,383 shares in the last quarter. Hedge funds and other institutional investors own 84.20% of the company’s stock.

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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.

Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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