CBIZ Investment Advisory Services LLC Has $47,000 Position in The Ensign Group, Inc. (NASDAQ:ENSG)

CBIZ Investment Advisory Services LLC boosted its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 38.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 354 shares of the company’s stock after acquiring an additional 99 shares during the quarter. 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 have also bought and sold shares of the business. First Eagle Investment Management LLC grew its position in The Ensign Group by 75.7% in the 4th quarter. First Eagle Investment Management LLC now owns 5,338 shares of the company’s stock valued at $709,000 after purchasing an additional 2,300 shares during the period. Vestcor Inc boosted its holdings in The Ensign Group by 100.2% during the 4th quarter. Vestcor Inc now owns 16,893 shares of the company’s stock worth $2,244,000 after acquiring an additional 8,455 shares during the last quarter. Swiss National Bank boosted its holdings in The Ensign Group by 1.0% during the 4th quarter. Swiss National Bank now owns 112,300 shares of the company’s stock worth $14,920,000 after acquiring an additional 1,100 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of The Ensign Group by 17.4% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 78,085 shares of the company’s stock worth $10,374,000 after acquiring an additional 11,577 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of The Ensign Group by 57.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,188 shares of the company’s stock valued at $291,000 after purchasing an additional 794 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Price Performance

ENSG opened at $125.40 on Friday. The firm has a market cap of $7.20 billion, a P/E ratio of 24.54, a PEG ratio of 1.52 and a beta of 0.98. The firm has a 50-day moving average of $133.05 and a 200 day moving average of $141.53. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.56 and a current ratio of 1.56. The Ensign Group, Inc. has a fifty-two week low of $113.27 and a fifty-two week high of $158.45.

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

Wall Street Analyst Weigh In

Several analysts have recently commented on ENSG shares. Macquarie increased their target price on shares of The Ensign Group from $165.00 to $166.00 and gave the company an “outperform” rating in a report on Tuesday, February 4th. UBS Group started coverage on shares of The Ensign Group in a report on Thursday, November 21st. They issued a “buy” rating and a $175.00 target price for the company. Truist Financial lowered their target price on shares of The Ensign Group from $170.00 to $155.00 and set a “hold” rating for the company in a report on Monday, January 6th. Finally, Stephens reiterated an “overweight” rating and issued a $155.00 target price on shares of The Ensign Group in a report on Thursday, February 6th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $165.17.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $129.15, for a total transaction of $90,405.00. Following the completion of the transaction, the director now owns 30,052 shares in the company, valued at $3,881,215.80. This trade represents a 2.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Christopher R. Christensen sold 39,086 shares of the stock in a transaction dated 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 owns 12,539 shares of the company’s stock, valued at $1,862,292.28. This represents a 75.71 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 43,186 shares of company stock worth $6,345,115. 3.90% of the stock is owned by company insiders.

The Ensign Group 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.