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%.

A number of research analysts have recently commented on ENSG shares. Royal Bank of Canada reaffirmed a “buy” rating and set a $21.00 price objective on shares of The Ensign Group in a research note on Tuesday, November 7th. Cantor Fitzgerald upped their price objective on shares of The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, November 9th. ValuEngine downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, BidaskClub cut The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $24.50.

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.

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

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