Affinity Investment Advisors LLC Has $635,000 Stake in The Ensign Group, Inc. (ENSG)

Affinity Investment Advisors LLC decreased its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 8.3% during the 3rd quarter, Holdings Channel reports. The firm owned 16,756 shares of the company’s stock after selling 1,522 shares during the period. Affinity Investment Advisors LLC’s holdings in The Ensign Group were worth $635,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of The Ensign Group by 13.5% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,689 shares of the company’s stock worth $443,000 after purchasing an additional 1,390 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of The Ensign Group by 10.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 14,747 shares of the company’s stock worth $559,000 after purchasing an additional 1,395 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of The Ensign Group by 15.9% during the second quarter. Victory Capital Management Inc. now owns 11,680 shares of the company’s stock worth $418,000 after purchasing an additional 1,603 shares during the last quarter. Swiss National Bank boosted its holdings in shares of The Ensign Group by 2.3% during the third quarter. Swiss National Bank now owns 85,800 shares of the company’s stock worth $3,254,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of The Ensign Group by 3.5% during the third quarter. Alliancebernstein L.P. now owns 65,838 shares of the company’s stock worth $2,497,000 after purchasing an additional 2,200 shares during the last quarter. Institutional investors and hedge funds own 83.05% of the company’s stock.

Shares of The Ensign Group stock opened at $44.00 on Friday. The Ensign Group, Inc. has a twelve month low of $21.67 and a twelve month high of $48.17. The firm has a market capitalization of $2.30 billion, a P/E ratio of 36.67, a PEG ratio of 1.71 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Wednesday, October 31st. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. The Ensign Group had a return on equity of 16.10% and a net margin of 3.86%. The company had revenue of $522.21 million for the quarter, compared to analyst estimates of $506.14 million. During the same period last year, the company posted $0.28 earnings per share. The firm’s revenue was up 10.7% compared to the same quarter last year. As a group, equities research analysts predict that The Ensign Group, Inc. will post 1.71 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Sunday, September 30th were given a $0.045 dividend. This represents a $0.18 annualized dividend and a yield of 0.41%. The ex-dividend date was Thursday, September 27th. The Ensign Group’s dividend payout ratio (DPR) is presently 15.00%.

In other The Ensign Group news, VP Beverly B. Wittekind sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, October 16th. The stock was sold at an average price of $38.61, for a total value of $193,050.00. Following the transaction, the vice president now directly owns 55,984 shares of the company’s stock, valued at $2,161,542.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John G. Nackel sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 5th. The shares were sold at an average price of $38.25, for a total value of $38,250.00. Following the completion of the transaction, the director now directly owns 78,232 shares in the company, valued at $2,992,374. The disclosure for this sale can be found here. Insiders sold 98,933 shares of company stock worth $4,301,915 over the last three months. 6.00% of the stock is currently owned by corporate insiders.

Several equities research analysts have recently issued reports on ENSG shares. Cantor Fitzgerald raised their price objective on The Ensign Group from $42.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, November 2nd. Zacks Investment Research upgraded The Ensign Group from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Wednesday, October 3rd. BidaskClub cut The Ensign Group from a “strong-buy” rating to a “buy” rating in a report on Friday, September 7th. Stephens reiterated a “buy” rating and issued a $41.00 target price on shares of The Ensign Group in a report on Sunday, August 5th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $41.00 target price on shares of The Ensign Group in a report on Friday, August 3rd. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $40.71.

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The Ensign Group Profile

The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses in the United States. It operates through three segments: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. The Transitional and Skilled Services segment offers a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services, including daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.

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

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