CBIZ Investment Advisory Services LLC Acquires 99 Shares of The Ensign Group, Inc. (NASDAQ:ENSG)

CBIZ Investment Advisory Services LLC grew its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 38.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 354 shares of the company’s stock after purchasing an additional 99 shares during the period. CBIZ Investment Advisory Services LLC’s holdings in The Ensign Group were worth $47,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ENSG. Synovus Financial Corp boosted its stake in The Ensign Group by 90.2% in the third quarter. Synovus Financial Corp now owns 14,618 shares of the company’s stock valued at $2,102,000 after buying an additional 6,931 shares in the last quarter. Icon Wealth Advisors LLC boosted its stake in shares of The Ensign Group by 210.9% in the 3rd quarter. Icon Wealth Advisors LLC now owns 9,648 shares of the company’s stock valued at $1,388,000 after purchasing an additional 6,545 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of The Ensign Group by 67.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 13,924 shares of the company’s stock valued at $2,038,000 after purchasing an additional 5,632 shares during the last quarter. Crewe Advisors LLC increased its position in The Ensign Group by 0.9% during the 3rd quarter. Crewe Advisors LLC now owns 1,110,692 shares of the company’s stock worth $159,740,000 after purchasing an additional 10,221 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in The Ensign Group by 26.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 379,608 shares of the company’s stock valued at $54,595,000 after purchasing an additional 78,570 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In related news, Chairman Christopher R. Christensen sold 39,086 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $148.52, for a total transaction of $5,805,052.72. Following the transaction, the chairman now directly owns 12,539 shares of the company’s stock, valued at approximately $1,862,292.28. This represents a 75.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $138.48, for a total value of $96,936.00. Following the completion of the sale, the director now directly owns 30,752 shares of the company’s stock, valued at $4,258,536.96. This trade represents a 2.23 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,186 shares of company stock valued at $6,345,115. 3.90% of the stock is currently owned by insiders.

The Ensign Group Trading Down 0.1 %

Shares of ENSG stock opened at $125.40 on Friday. The Ensign Group, Inc. has a 1-year low of $113.27 and a 1-year high of $158.45. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.08. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 1.52 and a beta of 0.98. The stock has a 50-day moving average of $133.05 and a 200-day moving average of $141.53.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Wednesday, February 5th. The company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.11). The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. On average, equities research analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ENSG has been the subject of several research analyst reports. Macquarie upped their price target on shares of The Ensign Group from $165.00 to $166.00 and gave the stock an “outperform” rating in a report on Tuesday, February 4th. UBS Group assumed coverage on The Ensign Group in a report on Thursday, November 21st. They issued a “buy” rating and a $175.00 target price for the company. Stephens reissued an “overweight” rating and set a $155.00 price target on shares of The Ensign Group in a research note on Thursday, February 6th. Finally, Truist Financial lowered their price objective on The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a research note on Monday, January 6th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $165.17.

The Ensign Group Company Profile

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.