California Public Employees Retirement System Buys 82 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

California Public Employees Retirement System lifted its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 0.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 256,985 shares of the company’s stock after purchasing an additional 82 shares during the period. California Public Employees Retirement System owned about 0.45% of The Ensign Group worth $34,143,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Retirement Wealth Solutions LLC purchased a new stake in The Ensign Group during the 4th quarter valued at $25,000. Avior Wealth Management LLC boosted its holdings in shares of The Ensign Group by 190.1% during the fourth quarter. Avior Wealth Management LLC now owns 206 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of The Ensign Group by 150.6% during the fourth quarter. Venturi Wealth Management LLC now owns 208 shares of the company’s stock worth $28,000 after purchasing an additional 125 shares during the period. CBIZ Investment Advisory Services LLC grew its stake in shares of The Ensign Group by 38.8% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 354 shares of the company’s stock worth $47,000 after purchasing an additional 99 shares during the last quarter. Finally, Asset Planning Inc purchased a new position in The Ensign Group during the 4th quarter valued at about $80,000. 96.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Daren Shaw sold 2,000 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $129.66, for a total transaction of $259,320.00. Following the sale, the director now directly owns 26,325 shares in the company, valued at approximately $3,413,299.50. This trade represents a 7.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total value of $96,936.00. Following the completion of the transaction, the director now owns 30,752 shares of the company’s stock, valued at $4,258,536.96. This represents a 2.23 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 42,486 shares of company stock valued at $6,251,714. 3.90% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ENSG shares. 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. Truist Financial dropped their price target on The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Finally, Macquarie lifted their price target on shares of The Ensign Group from $165.00 to $166.00 and gave the company an “outperform” rating in a report on Tuesday, February 4th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $165.17.

The Ensign Group Trading Up 1.4 %

ENSG opened at $132.25 on Thursday. 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 cap of $7.60 billion, a PE ratio of 25.88, a PEG ratio of 1.52 and a beta of 0.98. The business has a 50 day moving average of $131.89 and a 200-day moving average of $139.63. The Ensign Group, Inc. has a 52 week low of $113.27 and a 52 week high of $158.45.

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

The Ensign Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.19%. The ex-dividend date is Monday, March 31st. The Ensign Group’s payout ratio is 4.89%.

About The Ensign Group

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.