Teachers Retirement System of The State of Kentucky Decreases Stock Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,760 shares of the company's stock after selling 4,677 shares during the period. Teachers Retirement System of The State of Kentucky owned approximately 0.11% of The Ensign Group worth $8,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC raised its stake 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 worth $1,538,000 after buying an additional 78 shares during the period. Central Pacific Bank Trust Division raised its position in shares of The Ensign Group by 7.3% during the fourth quarter. Central Pacific Bank Trust Division now owns 1,180 shares of the company's stock worth $157,000 after purchasing an additional 80 shares during the period. Forum Financial Management LP raised its position in shares of The Ensign Group by 5.8% during the fourth quarter. Forum Financial Management LP now owns 1,524 shares of the company's stock worth $202,000 after purchasing an additional 84 shares during the period. Equitable Trust Co. lifted its holdings in shares of The Ensign Group by 1.8% in the 4th quarter. Equitable Trust Co. now owns 4,998 shares of the company's stock worth $664,000 after purchasing an additional 87 shares in the last quarter. Finally, CIBC Asset Management Inc grew its position 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 purchasing an additional 87 shares during the period. Institutional investors own 96.12% of the company's stock.

The Ensign Group Stock Up 0.9 %

The Ensign Group stock traded up $1.17 during midday trading on Friday, hitting $126.04. 252,230 shares of the stock were exchanged, compared to its average volume of 429,918. 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 stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 24.67, a price-to-earnings-growth ratio of 1.52 and a beta of 0.91. The Ensign Group, Inc. has a 52-week low of $113.27 and a 52-week high of $158.45. The business's 50-day moving average price is $128.45 and its 200-day moving average price is $136.82.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.11). The Ensign Group had a net margin of 6.99% and a return on equity of 17.07%. On average, research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.25 annualized dividend and a dividend yield of 0.20%. The Ensign Group's payout ratio is currently 4.89%.

Wall Street Analysts Forecast Growth

ENSG has been the topic of several research reports. Stephens restated an "overweight" rating and set a $155.00 price objective on shares of The Ensign Group in a report on Thursday, February 6th. Truist Financial lowered their target price on shares of The Ensign Group from $170.00 to $155.00 and set a "hold" rating on the stock in a report on Monday, January 6th. Finally, Macquarie lifted their price target on The Ensign Group from $165.00 to $166.00 and gave the company an "outperform" rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $165.17.

Insider Transactions at The Ensign Group

In other The Ensign Group news, Chairman Christopher R. Christensen sold 39,086 shares of the firm's stock in a transaction 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 transaction, the chairman now directly owns 12,539 shares of the company's stock, valued at $1,862,292.28. This trade represents a 75.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction on 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 directly owns 30,752 shares of the company's stock, valued at $4,258,536.96. This represents a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 42,486 shares of company stock worth $6,251,714 in the last quarter. Insiders own 3.90% of the company's stock.

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.