Susquehanna Fundamental Investments LLC Acquires Shares of 57,975 The Ensign Group, Inc. (NASDAQ:ENSG)

Susquehanna Fundamental Investments LLC purchased a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 57,975 shares of the company's stock, valued at approximately $7,703,000. Susquehanna Fundamental Investments LLC owned about 0.10% of The Ensign Group at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Nebula Research & Development LLC grew its holdings in The Ensign Group by 16.6% in the 4th quarter. Nebula Research & Development LLC now owns 13,178 shares of the company's stock valued at $1,751,000 after buying an additional 1,879 shares in the last quarter. Hood River Capital Management LLC boosted its position in shares of The Ensign Group by 58.6% during the 4th quarter. Hood River Capital Management LLC now owns 304,309 shares of the company's stock valued at $40,430,000 after acquiring an additional 112,481 shares during the last quarter. MGO One Seven LLC grew its holdings in shares of The Ensign Group by 31.3% in the fourth quarter. MGO One Seven LLC now owns 2,070 shares of the company's stock valued at $275,000 after purchasing an additional 493 shares during the period. Hsbc Holdings PLC increased its position in The Ensign Group by 359.6% during the fourth quarter. Hsbc Holdings PLC now owns 41,525 shares of the company's stock worth $5,521,000 after purchasing an additional 32,489 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in The Ensign Group by 0.3% during the fourth quarter. Stifel Financial Corp now owns 75,409 shares of the company's stock worth $10,019,000 after purchasing an additional 211 shares during the period. Hedge funds and other institutional investors own 96.12% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Stephens reissued an "overweight" rating and issued a $155.00 price target on shares of The Ensign Group in a research note on Thursday, February 6th. Truist Financial reduced their target price on The Ensign Group from $170.00 to $155.00 and set a "hold" rating on the stock in a research report on Monday, January 6th. Finally, Macquarie lowered their price target on The Ensign Group from $159.00 to $156.00 and set an "outperform" rating for the company in a report on Friday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, The Ensign Group currently has a consensus rating of "Moderate Buy" and an average target price of $163.50.

The Ensign Group Trading Up 3.3 %

NASDAQ:ENSG traded up $4.21 during trading hours on Friday, reaching $132.32. 493,804 shares of the stock were exchanged, compared to its average volume of 430,768. The Ensign Group, Inc. has a twelve month low of $115.38 and a twelve month high of $158.45. The business has a 50-day moving average of $128.42 and a two-hundred day moving average of $136.22. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 1.52 and a beta of 0.91. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.08.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.02. The Ensign Group had a net margin of 6.99% and a return on equity of 17.07%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the business earned $1.30 EPS. The firm's quarterly revenue was up 16.1% on a year-over-year basis. On average, equities analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were given a dividend of $0.0625 per share. The ex-dividend date was Monday, March 31st. This represents a $0.25 annualized dividend and a dividend yield of 0.19%. The Ensign Group's dividend payout ratio (DPR) is currently 4.73%.

Insider Transactions at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $138.48, for a total transaction of $96,936.00. Following the sale, the director now owns 30,752 shares in the company, valued at approximately $4,258,536.96. The trade was a 2.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Christopher R. Christensen sold 39,086 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total value of $5,805,052.72. Following the completion of the sale, the chairman now owns 12,539 shares of the company's stock, valued at approximately $1,862,292.28. This represents a 75.71 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 42,486 shares of company stock valued at $6,251,714. 3.90% of the stock is currently owned by corporate insiders.

About The Ensign Group

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.