Schafer Cullen Capital Management Inc. reduced its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 21.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,210 shares of the company’s stock after selling 4,075 shares during the quarter. Schafer Cullen Capital Management Inc.’s holdings in The Ensign Group were worth $331,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Riverhead Capital Management LLC grew its holdings in shares of The Ensign Group by 86.6% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,664 shares of the company’s stock valued at $102,000 after purchasing an additional 2,164 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of The Ensign Group by 36.8% during the 1st quarter. Victory Capital Management Inc. now owns 6,084 shares of the company’s stock valued at $114,000 after purchasing an additional 1,638 shares during the last quarter. Pinebridge Investments L.P. grew its holdings in shares of The Ensign Group by 0.6% during the 2nd quarter. Pinebridge Investments L.P. now owns 6,280 shares of the company’s stock valued at $137,000 after purchasing an additional 38 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of The Ensign Group during the 1st quarter valued at approximately $131,000. Finally, UBS Group AG grew its holdings in shares of The Ensign Group by 93.9% during the 1st quarter. UBS Group AG now owns 6,986 shares of the company’s stock valued at $131,000 after purchasing an additional 3,383 shares during the last quarter. 84.20% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently issued reports on the stock. BidaskClub raised shares of The Ensign Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 17th. Zacks Investment Research lowered shares of The Ensign Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Finally, TheStreet raised shares of The Ensign Group from a “c+” rating to a “b” rating in a report on Monday, August 7th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $22.00.

In other The Ensign Group news, Director Antoinette T. Hubenette sold 2,500 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $20.95, for a total transaction of $52,375.00. Following the transaction, the director now directly owns 24,626 shares in the company, valued at $515,914.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Barry Port sold 10,000 shares of the stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of $23.00, for a total transaction of $230,000.00. Following the transaction, the vice president now owns 135,642 shares in the company, valued at $3,119,766. The disclosure for this sale can be found here. Insiders have sold 14,576 shares of company stock worth $327,373 over the last quarter. Company insiders own 6.20% of the company’s stock.

The Ensign Group, Inc. (NASDAQ ENSG) traded down 0.19% during midday trading on Friday, reaching $21.50. 260,273 shares of the company’s stock were exchanged. The Ensign Group, Inc. has a 12 month low of $16.51 and a 12 month high of $23.69. The stock has a market cap of $1.09 billion, a PE ratio of 25.03 and a beta of 0.87. The firm has a 50 day moving average of $21.30 and a 200-day moving average of $20.35.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Saturday, September 30th will be given a dividend of $0.043 per share. This represents a $0.17 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Thursday, September 28th. The Ensign Group’s payout ratio is currently 20.24%.

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The Ensign Group Profile

The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.

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

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