GSA Capital Partners LLP Buys Shares of 9,267 The Ensign Group, Inc. (NASDAQ:ENSG)

GSA Capital Partners LLP bought a new stake in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,267 shares of the company's stock, valued at approximately $1,199,000.

Other large investors also recently bought and sold shares of the company. TCTC Holdings LLC increased its position in The Ensign Group by 116.7% in the first quarter. TCTC Holdings LLC now owns 208 shares of the company's stock worth $27,000 after buying an additional 112 shares during the period. Opal Wealth Advisors LLC acquired a new stake in The Ensign Group during the 1st quarter worth about $36,000. AdvisorNet Financial Inc purchased a new stake in shares of The Ensign Group in the first quarter worth approximately $38,000. Blue Trust Inc. boosted its holdings in shares of The Ensign Group by 39.0% during the first quarter. Blue Trust Inc. now owns 467 shares of the company's stock worth $60,000 after purchasing an additional 131 shares during the period. Finally, CWM LLC grew its position in The Ensign Group by 17.9% during the first quarter. CWM LLC now owns 585 shares of the company's stock valued at $76,000 after purchasing an additional 89 shares in the last quarter. Institutional investors own 96.12% of the company's stock.

Insider Buying and Selling at The Ensign Group

In other The Ensign Group news, Director Daren Shaw sold 1,999 shares of the business's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $145.47, for a total value of $290,794.53. Following the transaction, the director owned 24,926 shares in the company, valued at approximately $3,625,985.22. The trade was a 7.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Suzanne D. Snapper sold 8,379 shares of the business's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $148.21, for a total transaction of $1,241,851.59. Following the completion of the transaction, the chief financial officer owned 269,692 shares in the company, valued at $39,971,051.32. The trade was a 3.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,336 shares of company stock worth $2,902,377 in the last 90 days. 3.90% of the stock is owned by company insiders.

The Ensign Group Trading Up 1.2%

ENSG stock traded up $1.75 during midday trading on Friday, hitting $151.75. The stock had a trading volume of 558,365 shares, compared to its average volume of 431,374. The Ensign Group, Inc. has a 1-year low of $118.73 and a 1-year high of $158.45. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.07. The business has a fifty day moving average price of $148.27 and a two-hundred day moving average price of $138.05. The firm has a market cap of $8.76 billion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 1.74 and a beta of 1.03.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.05. The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.22 billion. The Ensign Group had a return on equity of 16.92% and a net margin of 6.99%. The company's revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.32 EPS. On average, sell-side analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 30th were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 30th. The Ensign Group's dividend payout ratio (DPR) is presently 4.54%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ENSG. Stephens raised their target price on The Ensign Group from $165.00 to $170.00 and gave the company an "overweight" rating in a report on Monday, July 28th. Truist Financial upped their target price on shares of The Ensign Group from $155.00 to $165.00 and gave the company a "hold" rating in a research report on Monday, July 28th. Finally, Macquarie decreased 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. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $167.67.

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.