Insider Selling: The Ensign Group, Inc. (ENSG) VP Sells 5,000 Shares of Stock
The Ensign Group, Inc. (NASDAQ:ENSG) VP Beverly B. Wittekind sold 5,000 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $22.55, for a total transaction of $112,750.00. Following the transaction, the vice president now directly owns 46,656 shares of the company’s stock, valued at approximately $1,052,092.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of The Ensign Group, Inc. (ENSG) traded down $0.69 during trading hours on Wednesday, hitting $23.17. The stock had a trading volume of 215,354 shares, compared to its average volume of 226,039. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.59. The Ensign Group, Inc. has a 1-year low of $16.50 and a 1-year high of $24.78. The stock has a market cap of $1,220.00, a PE ratio of 19.22 and a beta of 0.83.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Sunday, December 31st will be issued a dividend of $0.045 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.78%. This is a boost from The Ensign Group’s previous quarterly dividend of $0.04. The Ensign Group’s payout ratio is presently 18.68%.
Large investors have recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in shares of The Ensign Group during the 3rd quarter worth about $104,000. Riverhead Capital Management LLC boosted its holdings in 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 during the period. Pinebridge Investments L.P. boosted its holdings in 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 during the period. Victory Capital Management Inc. boosted its holdings in The Ensign Group by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 7,156 shares of the company’s stock worth $156,000 after acquiring an additional 1,072 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in The Ensign Group by 7.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 7,494 shares of the company’s stock worth $163,000 after acquiring an additional 526 shares during the period. Institutional investors and hedge funds own 84.87% of the company’s stock.
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About The Ensign Group
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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