ValuEngine lowered shares of The Ensign Group, Inc. (NASDAQ:ENSG) from a buy rating to a hold rating in a research report released on Tuesday morning.

A number of other research analysts have also commented on ENSG. BidaskClub lowered The Ensign Group from a strong-buy rating to a buy rating in a report on Monday, July 31st. Zacks Investment Research lowered The Ensign Group from a hold rating to a sell rating in a report on Tuesday, August 8th. TheStreet raised The Ensign Group from a c+ rating to a b rating in a report on Monday, August 7th. Royal Bank Of Canada reissued a buy rating and set a $21.00 target price on shares of The Ensign Group in a report on Tuesday, November 7th. Finally, Cantor Fitzgerald increased their target price on The Ensign Group from $23.00 to $27.00 and gave the stock an overweight rating in a report on Thursday, November 9th. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The Ensign Group presently has a consensus rating of Hold and a consensus target price of $23.00.

Shares of The Ensign Group (NASDAQ:ENSG) traded up $0.25 during midday trading on Tuesday, reaching $23.62. The company’s stock had a trading volume of 112,100 shares, compared to its average volume of 229,778. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.59. The Ensign Group has a 52-week low of $16.50 and a 52-week high of $23.96. The firm has a market cap of $1,195.86, a price-to-earnings ratio of 19.81 and a beta of 0.84.

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The business also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Saturday, September 30th were issued a dividend of $0.043 per share. This represents a $0.17 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Thursday, September 28th. The Ensign Group’s dividend payout ratio (DPR) is currently 18.89%.

In other news, Director Antoinette T. Hubenette sold 2,500 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $20.95, for a total transaction of $52,375.00. Following the sale, the director now directly owns 24,626 shares of the company’s stock, valued at approximately $515,914.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 3,566 shares of company stock worth $75,957. 6.20% of the stock is currently owned by insiders.

Hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in shares of The Ensign Group during the 3rd quarter worth $104,000. Riverhead Capital Management LLC lifted its position 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 worth $102,000 after buying an additional 2,164 shares during the last quarter. Pinebridge Investments L.P. lifted its position 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 worth $137,000 after buying an additional 38 shares during the last quarter. UBS Group AG lifted its position 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 worth $131,000 after buying an additional 3,383 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of The Ensign Group by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 7,156 shares of the company’s stock worth $156,000 after buying an additional 1,072 shares during the last quarter. Institutional investors and hedge funds own 84.94% of the company’s stock.

The Ensign Group Company 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.

Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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