GAMMA Investing LLC Has $131,000 Stock Position in The Ensign Group, Inc. (NASDAQ:ENSG)

GAMMA Investing LLC raised its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 19.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,050 shares of the company’s stock after acquiring an additional 172 shares during the quarter. GAMMA Investing LLC’s holdings in The Ensign Group were worth $131,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Baron Wealth Management LLC grew its position in The Ensign Group by 4.5% during the fourth quarter. Baron Wealth Management LLC now owns 2,314 shares of the company’s stock valued at $260,000 after purchasing an additional 100 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in shares of The Ensign Group by 1.8% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 5,838 shares of the company’s stock worth $655,000 after acquiring an additional 102 shares during the last quarter. Knights of Columbus Asset Advisors LLC increased its stake in shares of The Ensign Group by 8.5% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 1,353 shares of the company’s stock worth $152,000 after acquiring an additional 106 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in The Ensign Group by 1.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,945 shares of the company’s stock valued at $1,228,000 after purchasing an additional 110 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in The Ensign Group by 9.2% in the third quarter. Parkside Financial Bank & Trust now owns 1,683 shares of the company’s stock valued at $156,000 after purchasing an additional 142 shares in the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insider Activity

In related news, Director Ann Scott Blouin sold 350 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $116.47, for a total transaction of $40,764.50. Following the completion of the transaction, the director now owns 20,002 shares of the company’s stock, valued at approximately $2,329,632.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other The Ensign Group news, Director Daren Shaw sold 2,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $118.26, for a total value of $236,520.00. Following the sale, the director now directly owns 30,250 shares in the company, valued at approximately $3,577,365. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ann Scott Blouin sold 350 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $116.47, for a total transaction of $40,764.50. Following the transaction, the director now directly owns 20,002 shares of the company’s stock, valued at approximately $2,329,632.94. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,813 shares of company stock valued at $808,203. 3.90% of the stock is owned by insiders.

The Ensign Group Stock Up 1.0 %

Shares of ENSG stock opened at $121.04 on Friday. The stock’s 50 day simple moving average is $118.86 and its 200 day simple moving average is $118.35. The Ensign Group, Inc. has a twelve month low of $88.79 and a twelve month high of $127.57. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market capitalization of $6.89 billion, a price-to-earnings ratio of 31.85, a PEG ratio of 1.63 and a beta of 0.99.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.19 EPS for the quarter, meeting analysts’ consensus estimates of $1.19. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. The Ensign Group had a net margin of 5.67% and a return on equity of 17.60%. As a group, research analysts predict that The Ensign Group, Inc. will post 4.95 EPS for the current year.

The Ensign Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Sunday, June 30th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend is Friday, June 28th. The Ensign Group’s dividend payout ratio (DPR) is 6.32%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ENSG. Stephens reaffirmed an “overweight” rating and set a $135.00 price target on shares of The Ensign Group in a research note on Tuesday, April 23rd. Oppenheimer lifted their target price on shares of The Ensign Group from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, The Ensign Group currently has an average rating of “Moderate Buy” and an average price target of $124.60.

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.