Barry Port Sells 24,152 Shares of The Ensign Group, Inc. (ENSG) Stock

The Ensign Group, Inc. (NASDAQ:ENSG) VP Barry Port sold 24,152 shares of The Ensign Group stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $25.24, for a total transaction of $609,596.48. Following the completion of the transaction, the vice president now directly owns 143,014 shares in the company, valued at approximately $3,609,673.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Barry Port also recently made the following trade(s):

  • On Monday, January 22nd, Barry Port sold 20,423 shares of The Ensign Group stock. The shares were sold at an average price of $24.02, for a total transaction of $490,560.46.
  • On Tuesday, January 16th, Barry Port sold 5,901 shares of The Ensign Group stock. The shares were sold at an average price of $24.11, for a total transaction of $142,273.11.
  • On Monday, November 20th, Barry Port sold 10,000 shares of The Ensign Group stock. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00.

Shares of The Ensign Group, Inc. (ENSG) traded down $0.12 during trading on Tuesday, hitting $25.68. 315,516 shares of the stock traded hands, compared to its average volume of 234,914. The firm has a market capitalization of $1,308.23, a P/E ratio of 33.95 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.63 and a current ratio of 1.63. The Ensign Group, Inc. has a twelve month low of $16.50 and a twelve month high of $26.07.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. The business had revenue of $487.70 million for the quarter, compared to the consensus estimate of $457.91 million. The Ensign Group had a net margin of 2.19% and a return on equity of 13.87%. The Ensign Group’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the company posted $0.30 earnings per share. analysts anticipate that The Ensign Group, Inc. will post 1.48 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Sunday, December 31st were paid a $0.045 dividend. This is an increase from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, December 28th. This represents a $0.18 annualized dividend and a dividend yield of 0.70%. The Ensign Group’s dividend payout ratio (DPR) is presently 23.68%.

ENSG has been the topic of a number of recent analyst reports. Royal Bank of Canada lifted their price target on shares of The Ensign Group to $27.00 and gave the company an “outperform” rating in a research report on Monday, November 20th. ValuEngine lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. BidaskClub lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Cantor Fitzgerald lifted their price target on shares of The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, November 9th. Finally, SunTrust Banks set a $29.00 price target on shares of The Ensign Group and gave the company a “buy” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $26.25.

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of The Ensign Group in the third quarter worth $104,000. Strs Ohio acquired a new stake in shares of The Ensign Group in the fourth quarter worth $142,000. Oppenheimer Asset Management Inc. grew its stake in shares of The Ensign Group by 30.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 9,754 shares of the company’s stock worth $220,000 after acquiring an additional 2,260 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of The Ensign Group in the third quarter worth $220,000. Finally, Piedmont Investment Advisors LLC acquired a new stake in shares of The Ensign Group in the second quarter worth $224,000. Institutional investors and hedge funds own 84.27% 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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