Avior Wealth Management LLC Has $27,000 Stock Holdings in The Ensign Group, Inc. (NASDAQ:ENSG)

Avior Wealth Management LLC lifted its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSGFree Report) by 190.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206 shares of the company’s stock after acquiring an additional 135 shares during the quarter. Avior Wealth Management LLC’s holdings in The Ensign Group were worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENSG. Retirement Wealth Solutions LLC bought a new position in The Ensign Group during the 4th quarter worth approximately $25,000. Signaturefd LLC increased its position in shares of The Ensign Group by 115.2% during the third quarter. Signaturefd LLC now owns 284 shares of the company’s stock worth $41,000 after buying an additional 152 shares during the period. USA Financial Formulas bought a new position in The Ensign Group during the third quarter worth $54,000. UMB Bank n.a. grew its holdings in The Ensign Group by 30.1% during the 3rd quarter. UMB Bank n.a. now owns 385 shares of the company’s stock worth $55,000 after acquiring an additional 89 shares during the period. Finally, Quarry LP lifted its stake in shares of The Ensign Group by 294.2% in the 2nd quarter. Quarry LP now owns 477 shares of the company’s stock valued at $59,000 after purchasing an additional 356 shares during the period. 96.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $133.43, for a total transaction of $93,401.00. Following the transaction, the director now directly owns 30,852 shares in the company, valued at approximately $4,116,582.36. The trade was a 2.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.90% of the company’s stock.

The Ensign Group Trading Up 1.6 %

NASDAQ:ENSG opened at $142.80 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.56. The Ensign Group, Inc. has a one year low of $110.71 and a one year high of $158.45. The company has a market cap of $8.18 billion, a PE ratio of 34.58, a PEG ratio of 1.63 and a beta of 0.93. The firm has a 50-day moving average of $138.43 and a 200-day moving average of $143.61.

The Ensign Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.0625 per share. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.06. This represents a $0.25 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date of this dividend is Tuesday, December 31st. The Ensign Group’s payout ratio is currently 6.05%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ENSG. Truist Financial reduced their price objective on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Royal Bank of Canada lifted their price target on shares of The Ensign Group from $167.00 to $172.00 and gave the company an “outperform” rating in a research note on Monday, October 28th. UBS Group assumed coverage on shares of The Ensign Group in a report on Thursday, November 21st. They set a “buy” rating and a $175.00 price objective on the stock. Stephens raised their target price on The Ensign Group from $163.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, October 28th. Finally, Oppenheimer boosted their target price on The Ensign Group from $165.00 to $168.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $161.83.

Get Our Latest Stock Analysis on ENSG

The Ensign Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The Ensign Group (NASDAQ:ENSG)

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