Janus Henderson Group PLC Has $11.01 Million Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

Janus Henderson Group PLC grew its stake in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,849 shares of the company's stock after purchasing an additional 11,953 shares during the period. Janus Henderson Group PLC owned approximately 0.14% of The Ensign Group worth $11,005,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Pacer Advisors Inc. bought a new stake in The Ensign Group in the fourth quarter valued at $1,099,000. Fort Washington Investment Advisors Inc. OH boosted its stake in shares of The Ensign Group by 10.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 130,047 shares of the company's stock valued at $17,278,000 after purchasing an additional 11,830 shares in the last quarter. Fox Run Management L.L.C. grew its holdings in shares of The Ensign Group by 339.6% in the 4th quarter. Fox Run Management L.L.C. now owns 10,305 shares of the company's stock worth $1,369,000 after purchasing an additional 7,961 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of The Ensign Group during the 4th quarter worth about $263,000. Finally, Copeland Capital Management LLC increased its position in shares of The Ensign Group by 0.8% during the 4th quarter. Copeland Capital Management LLC now owns 944,077 shares of the company's stock worth $125,430,000 after purchasing an additional 7,542 shares in the last quarter. 96.12% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Stephens reaffirmed an "overweight" rating and set a $155.00 price objective on shares of The Ensign Group in a research note on Thursday, February 6th. Macquarie reduced their price target 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. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $163.50.

Insider Activity

In related news, VP Beverly B. Wittekind sold 3,539 shares of the company's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $150.00, for a total value of $530,850.00. Following the completion of the transaction, the vice president now directly owns 39,209 shares of the company's stock, valued at approximately $5,881,350. This represents a 8.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Barry M. Smith sold 700 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $129.15, for a total value of $90,405.00. Following the completion of the sale, the director now owns 30,052 shares in the company, valued at approximately $3,881,215.80. This trade represents a 2.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,238 shares of company stock worth $912,050 in the last 90 days. Corporate insiders own 3.90% of the company's stock.

The Ensign Group Trading Up 1.0%

ENSG stock traded up $1.45 during midday trading on Tuesday, reaching $149.15. The stock had a trading volume of 206,549 shares, compared to its average volume of 441,829. The firm has a market cap of $8.57 billion, a price-to-earnings ratio of 29.19, a PEG ratio of 1.52 and a beta of 1.03. The Ensign Group, Inc. has a twelve month low of $116.23 and a twelve month high of $158.45. 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 business has a fifty day simple moving average of $130.84 and a two-hundred day simple moving average of $135.29.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate 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 quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.30 earnings per share. As a group, research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Announces Dividend

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

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.