Citigroup Inc. Has $566,000 Position in The Ensign Group, Inc. (ENSG)

Citigroup Inc. trimmed its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 46.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,587 shares of the company’s stock after selling 12,519 shares during the period. Citigroup Inc.’s holdings in The Ensign Group were worth $566,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. lifted its position in The Ensign Group by 5.9% during the 3rd quarter. BlackRock Inc. now owns 7,612,458 shares of the company’s stock worth $288,664,000 after acquiring an additional 424,505 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of The Ensign Group by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 5,592,289 shares of the company’s stock worth $212,060,000 after purchasing an additional 263,949 shares during the period. Vanguard Group Inc increased its holdings in shares of The Ensign Group by 5.0% during the 3rd quarter. Vanguard Group Inc now owns 5,592,289 shares of the company’s stock worth $212,060,000 after purchasing an additional 263,949 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of The Ensign Group by 1.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 700,915 shares of the company’s stock worth $26,579,000 after purchasing an additional 8,925 shares during the period. Finally, WINTON GROUP Ltd increased its holdings in shares of The Ensign Group by 2,216.1% during the 4th quarter. WINTON GROUP Ltd now owns 493,180 shares of the company’s stock worth $19,130,000 after purchasing an additional 471,886 shares during the period. Hedge funds and other institutional investors own 83.65% of the company’s stock.

In other The Ensign Group news, CFO Suzanne D. Snapper sold 19,191 shares of the business’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $47.58, for a total value of $913,107.78. Following the transaction, the chief financial officer now directly owns 228,505 shares in the company, valued at $10,872,267.90. The transaction was disclosed in a document filed with the SEC, which is available through this link. 6.00% of the stock is owned by insiders.

Several research analysts have recently issued reports on the stock. ValuEngine downgraded shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, April 3rd. BidaskClub downgraded shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a report on Friday, March 1st. Finally, Zacks Investment Research cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The Ensign Group has a consensus rating of “Buy” and a consensus target price of $40.71.

NASDAQ ENSG traded up $0.02 on Monday, reaching $51.78. The company’s stock had a trading volume of 181,250 shares, compared to its average volume of 309,958. The stock has a market cap of $2.69 billion, a P/E ratio of 28.93, a PEG ratio of 1.65 and a beta of 0.98. The Ensign Group, Inc. has a 52 week low of $27.25 and a 52 week high of $54.56. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.39.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, February 6th. The company reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.05. The firm had revenue of $544.85 million for the quarter, compared to analyst estimates of $523.15 million. The Ensign Group had a net margin of 4.51% and a return on equity of 17.19%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 earnings per share. Research analysts anticipate that The Ensign Group, Inc. will post 2.06 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Sunday, March 31st will be given a $0.0475 dividend. The ex-dividend date is Thursday, March 28th. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.05. This represents a $0.19 dividend on an annualized basis and a yield of 0.37%. The Ensign Group’s payout ratio is 10.61%.

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The Ensign Group Company Profile

The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in 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, such as 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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