Chad Keetch Sells 462 Shares of The Ensign Group, Inc. (NASDAQ:ENSG) Stock

The Ensign Group, Inc. (NASDAQ:ENSG) VP Chad Keetch sold 462 shares of The Ensign Group stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $22.35, for a total value of $10,325.70. Following the completion of the sale, the vice president now directly owns 43,993 shares of the company’s stock, valued at approximately $983,243.55. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

The Ensign Group, Inc. (NASDAQ ENSG) traded up 0.56% during mid-day trading on Friday, reaching $19.76. The company had a trading volume of 129,975 shares. The Ensign Group, Inc. has a 1-year low of $16.51 and a 1-year high of $23.35. The firm has a 50-day moving average of $21.60 and a 200 day moving average of $19.68. The company has a market capitalization of $1.01 billion, a PE ratio of 23.00 and a beta of 0.84.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Friday, June 30th were given a dividend of $0.0425 per share. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date was Wednesday, June 28th. The Ensign Group’s dividend payout ratio is currently 20.24%.

TRADEMARK VIOLATION WARNING: This piece was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.com-unik.info/2017/08/11/the-ensign-group-inc-nasdaqensg-vp-sells-10325-70-in-stock-updated.html.

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. raised its stake in The Ensign Group by 132,060.3% in the first quarter. BlackRock Inc. now owns 5,931,353 shares of the company’s stock worth $111,509,000 after buying an additional 5,926,865 shares in the last quarter. Denver Investment Advisors LLC bought a new stake in The Ensign Group during the second quarter worth $24,027,000. Wellington Management Group LLP raised its stake in The Ensign Group by 102.3% in the first quarter. Wellington Management Group LLP now owns 2,103,251 shares of the company’s stock worth $39,542,000 after buying an additional 1,063,828 shares in the last quarter. Jupiter Asset Management Ltd. bought a new stake in The Ensign Group during the first quarter worth $5,160,000. Finally, Vanguard Group Inc. raised its stake in The Ensign Group by 5.9% in the first quarter. Vanguard Group Inc. now owns 4,373,518 shares of the company’s stock worth $82,222,000 after buying an additional 245,244 shares in the last quarter. 84.65% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have commented on ENSG shares. Wells Fargo & Company downgraded The Ensign Group from a “market perform” rating to an “underperform” rating in a research note on Friday, April 28th. BidaskClub upgraded The Ensign Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 17th. Zacks Investment Research upgraded The Ensign Group from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th. Finally, TheStreet upgraded The Ensign Group from a “c+” rating to a “b” rating in a research report on Monday. Three analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $22.00.

About The Ensign Group

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.

Insider Buying and Selling by Quarter for The Ensign Group (NASDAQ:ENSG)

What are top analysts saying about The Ensign Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for The Ensign Group Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit