Swiss National Bank Buys 1,100 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

Swiss National Bank increased its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,300 shares of the company’s stock after acquiring an additional 1,100 shares during the quarter. Swiss National Bank owned about 0.20% of The Ensign Group worth $14,920,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Nisa Investment Advisors LLC boosted its holdings in The Ensign Group by 0.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,571 shares of the company’s stock valued at $1,538,000 after purchasing an additional 78 shares during the period. Central Pacific Bank Trust Division grew its position in 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 buying an additional 80 shares in the last quarter. Equitable Trust Co. raised 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 valued at $664,000 after acquiring an additional 87 shares in the last quarter. CIBC Asset Management Inc boosted its position in shares of The Ensign Group by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 1,731 shares of the company’s stock valued at $230,000 after acquiring an additional 87 shares during the last quarter. Finally, DeDora Capital Inc. grew its holdings in shares of The Ensign Group by 1.4% during the fourth quarter. DeDora Capital Inc. now owns 7,188 shares of the company’s stock worth $955,000 after purchasing an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Insider Activity

In other The Ensign Group news, Chairman Christopher R. Christensen sold 39,086 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $148.52, for a total value of $5,805,052.72. Following the completion of the sale, the chairman now owns 12,539 shares in the company, valued at approximately $1,862,292.28. This trade represents a 75.71 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $133.43, for a total value of $93,401.00. Following the transaction, the director now directly owns 30,852 shares in the company, valued at $4,116,582.36. This trade represents a 2.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,186 shares of company stock valued at $6,345,115. Insiders own 3.90% of the company’s stock.

The Ensign Group Stock Up 0.9 %

ENSG opened at $130.79 on Thursday. The Ensign Group, Inc. has a 12 month low of $113.27 and a 12 month high of $158.45. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.08. The business’s 50-day moving average price is $132.98 and its 200-day moving average price is $141.11. The company has a market cap of $7.51 billion, a P/E ratio of 25.59, a P/E/G ratio of 1.52 and a beta of 0.98.

The Ensign Group (NASDAQ:ENSG) last issued 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 return on equity of 17.07% and a net margin of 6.99%. On average, equities analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

Analyst Ratings Changes

ENSG has been the subject of several research analyst reports. UBS Group assumed coverage on shares of The Ensign Group in a research report on Thursday, November 21st. They set a “buy” rating and a $175.00 target price for the company. Macquarie upped their target price on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 4th. Truist Financial lowered their price target on The Ensign Group from $170.00 to $155.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Finally, Stephens reiterated an “overweight” rating and issued a $155.00 price objective on shares of The Ensign Group in a report on Thursday, February 6th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $165.17.

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.