TD Asset Management Inc. raised its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 54.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,900 shares of the company’s stock after acquiring an additional 6,298 shares during the quarter. TD Asset Management Inc.’s holdings in The Ensign Group were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ameriprise Financial Inc. lifted its holdings in The Ensign Group by 2.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 476,019 shares of the company’s stock valued at $10,753,000 after acquiring an additional 12,775 shares during the last quarter. SG Americas Securities LLC acquired a new stake in The Ensign Group in the 3rd quarter valued at about $104,000. Commonwealth Equity Services Inc acquired a new stake in The Ensign Group in the 3rd quarter valued at about $329,000. Cambridge Investment Research Advisors Inc. acquired a new stake in The Ensign Group in the 3rd quarter valued at about $640,000. Finally, Russell Investments Group Ltd. lifted its holdings in The Ensign Group by 59.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 502,129 shares of the company’s stock valued at $11,342,000 after acquiring an additional 186,533 shares during the last quarter. 84.87% of the stock is owned by institutional investors.

Shares of The Ensign Group, Inc. (NASDAQ ENSG) opened at $22.11 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 1.53. The stock has a market capitalization of $1,220.00, a PE ratio of 19.22 and a beta of 0.83. The Ensign Group, Inc. has a twelve month low of $16.50 and a twelve month high of $24.78.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Sunday, December 31st will be issued a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, December 28th. This is an increase from The Ensign Group’s previous quarterly dividend of $0.04. The Ensign Group’s payout ratio is presently 18.68%.

ENSG has been the subject of a number of research analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $21.00 price target on shares of The Ensign Group in a report on Tuesday, November 7th. Cantor Fitzgerald upped their price target on shares of The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, November 9th. ValuEngine downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, BidaskClub downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $24.50.

In other The Ensign Group news, VP Beverly B. Wittekind sold 5,000 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $22.55, for a total transaction of $112,750.00. Following the sale, the vice president now owns 46,656 shares in the company, valued at approximately $1,052,092.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Barry Port sold 10,000 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $24.00, for a total value of $240,000.00. Following the sale, the vice president now owns 134,684 shares in the company, valued at approximately $3,232,416. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,529 shares of company stock worth $365,114. Corporate insiders own 6.20% of the company’s stock.

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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.

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

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