Deutsche Bank AG Purchases 15,868 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

Deutsche Bank AG grew its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 48.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,795 shares of the company's stock after acquiring an additional 15,868 shares during the period. Deutsche Bank AG owned about 0.08% of The Ensign Group worth $6,483,000 as of its most recent SEC filing.

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

The Ensign Group Price Performance

ENSG opened at $149.75 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.08. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 29.31, a price-to-earnings-growth ratio of 1.52 and a beta of 1.03. The stock has a fifty day simple moving average of $130.40 and a two-hundred day simple moving average of $135.47. The Ensign Group, Inc. has a 12-month low of $116.23 and a 12-month high of $158.45.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the business earned $1.30 EPS. The Ensign Group's quarterly revenue was up 16.1% compared to the same quarter last year. Research analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.25 annualized dividend and a dividend yield of 0.17%. The Ensign Group's payout ratio is 4.73%.

Insider Transactions at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction that occurred 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 transaction, the director now owns 30,052 shares of the company's stock, valued at $3,881,215.80. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.90% of the company's stock.

Wall Street Analysts Forecast Growth

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

The Ensign Group Company 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.

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