Captrust Financial Advisors Has $1.02 Million Stake in The Ensign Group, Inc. (NASDAQ:ENSG)

Captrust Financial Advisors cut its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 35.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,696 shares of the company's stock after selling 4,293 shares during the period. Captrust Financial Advisors' holdings in The Ensign Group were worth $1,022,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Nisa Investment Advisors LLC increased its holdings in shares of The Ensign Group by 0.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 11,571 shares of the company's stock valued at $1,538,000 after purchasing an additional 78 shares during the last quarter. Forum Financial Management LP boosted its holdings in shares of The Ensign Group by 5.8% during the 4th quarter. Forum Financial Management LP now owns 1,524 shares of the company's stock worth $202,000 after buying an additional 84 shares during the period. Equitable Trust Co. grew its stake in The Ensign Group by 1.8% in the 4th quarter. Equitable Trust Co. now owns 4,998 shares of the company's stock valued at $664,000 after buying an additional 87 shares during the last quarter. CIBC Asset Management Inc grew its stake in The Ensign Group by 5.3% in the 4th quarter. CIBC Asset Management Inc now owns 1,731 shares of the company's stock valued at $230,000 after buying an additional 87 shares during the last quarter. Finally, DeDora Capital Inc. raised its holdings in The Ensign Group by 1.4% in the 4th quarter. DeDora Capital Inc. now owns 7,188 shares of the company's stock valued at $955,000 after acquiring an additional 98 shares during the period. 96.12% of the stock is currently owned by institutional investors and hedge funds.

The Ensign Group Stock Performance

Shares of ENSG traded down $2.05 during mid-day trading on Monday, hitting $147.70. 607,487 shares of the company's stock were exchanged, compared to its average volume of 442,770. 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, Inc. has a 52 week low of $116.23 and a 52 week high of $158.45. The stock's 50-day simple moving average is $130.40 and its 200-day simple moving average is $135.33. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.52 and a beta of 1.03.

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

The Ensign Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date was Monday, March 31st. The Ensign Group's dividend payout ratio (DPR) is presently 4.73%.

Insider Buying and Selling

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $129.15, for a total transaction of $90,405.00. Following the completion of the sale, the director now directly owns 30,052 shares in the company, valued at $3,881,215.80. This represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ENSG shares. Macquarie reduced their price objective on The Ensign Group from $159.00 to $156.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Stephens restated an "overweight" rating and issued a $155.00 price target on shares of The Ensign Group in a research note on Thursday, February 6th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $163.50.

The Ensign Group Profile

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.