The Ensign Group (NASDAQ:ENSG)‘s stock had its “buy” rating reaffirmed by stock analysts at Royal Bank of Canada in a research report issued to clients and investors on Monday.
Other analysts have also recently issued research reports about the stock. SunTrust Banks set a $29.00 target price on shares of The Ensign Group and gave the company a “buy” rating in a research note on Friday. Stifel Nicolaus set a $22.00 target price on shares of The Ensign Group and gave the company a “hold” rating in a research note on Friday. Cantor Fitzgerald upped their target price 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. BidaskClub cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, ValuEngine cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The Ensign Group has a consensus rating of “Hold” and an average price target of $26.25.
The Ensign Group (NASDAQ:ENSG) opened at $25.41 on Monday. The Ensign Group has a twelve month low of $16.50 and a twelve month high of $25.79. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1,308.23, a PE ratio of 33.43 and a beta of 0.81.
In other The Ensign Group news, VP Beverly B. Wittekind sold 9,664 shares of the company’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $23.60, for a total transaction of $228,070.40. Following the sale, the vice president now directly owns 51,320 shares of the company’s stock, valued at $1,211,152. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Barry Port sold 20,423 shares of the company’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $24.02, for a total transaction of $490,560.46. Following the sale, the vice president now directly owns 128,112 shares in the company, valued at $3,077,250.24. The disclosure for this sale can be found here. In the last three months, insiders sold 69,318 shares of company stock worth $1,648,075. 6.20% of the stock is currently owned by insiders.
Institutional investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in The Ensign Group during the third quarter worth about $104,000. Strs Ohio bought a new stake in The Ensign Group during the fourth quarter worth about $142,000. Crossmark Global Holdings Inc. bought a new stake in The Ensign Group during the third quarter worth about $220,000. Oppenheimer Asset Management Inc. grew its stake in The Ensign Group by 30.2% during the third quarter. Oppenheimer Asset Management Inc. now owns 9,754 shares of the company’s stock worth $220,000 after buying an additional 2,260 shares during the last quarter. Finally, Piedmont Investment Advisors LLC bought a new stake in The Ensign Group during the second quarter worth about $224,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.
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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.
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