GTS Securities LLC Makes New $239,000 Investment in The Ensign Group, Inc. (NASDAQ:ENSG)

GTS Securities LLC purchased a new stake in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,801 shares of the company's stock, valued at approximately $239,000.

Other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC increased its position in The Ensign Group by 190.1% in the 4th quarter. Avior Wealth Management LLC now owns 206 shares of the company's stock valued at $27,000 after acquiring an additional 135 shares in the last quarter. Venturi Wealth Management LLC lifted its position in shares of The Ensign Group by 150.6% during the fourth quarter. Venturi Wealth Management LLC now owns 208 shares of the company's stock worth $28,000 after purchasing an additional 125 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its stake in shares of The Ensign Group by 38.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company's stock valued at $47,000 after purchasing an additional 99 shares during the last quarter. Asset Planning Inc acquired a new stake in shares of The Ensign Group in the fourth quarter valued at approximately $80,000. Finally, South Dakota Investment Council acquired a new stake in shares of The Ensign Group in the fourth quarter valued at approximately $104,000. 96.12% of the stock is owned by institutional investors.

The Ensign Group Trading Up 0.5%

ENSG stock traded up $0.79 during midday trading on Monday, reaching $148.05. The company's stock had a trading volume of 460,979 shares, compared to its average volume of 445,935. The business's 50-day simple moving average is $133.99 and its 200-day simple moving average is $135.11. 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 $117.41 and a 52 week high of $158.45. The stock has a market cap of $8.51 billion, a PE ratio of 28.97, 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 results on Tuesday, April 29th. The company reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.50 by $0.02. The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the business posted $1.30 EPS. The firm's quarterly revenue was up 16.1% on a year-over-year basis. As a group, sell-side 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 announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were issued a dividend of $0.0625 per share. 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 currently 4.73%.

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director Daren Shaw sold 1,999 shares of the stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $145.47, for a total value of $290,794.53. Following the sale, the director now directly owns 24,926 shares in the company, valued at approximately $3,625,985.22. This trade represents a 7.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Beverly B. Wittekind sold 3,539 shares of The Ensign Group stock in a transaction on Friday, May 16th. The stock was sold at an average price of $150.00, for a total transaction of $530,850.00. Following the transaction, the vice president now directly owns 39,209 shares in the company, valued at approximately $5,881,350. This represents a 8.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.90% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on ENSG. Stephens reiterated an "overweight" rating and issued a $155.00 price objective on shares of The Ensign Group in a research report on Thursday, February 6th. Macquarie dropped their target price on The Ensign Group from $159.00 to $156.00 and set an "outperform" rating for the company in a research 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 company. According to MarketBeat, The Ensign Group has an average rating of "Moderate Buy" and a consensus 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.