APG Asset Management N.V. Takes $2.03 Million Position in The Ensign Group, Inc. (NASDAQ:ENSG)

APG Asset Management N.V. acquired a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 44,600 shares of the company’s stock, valued at approximately $2,033,000. APG Asset Management N.V. owned about 0.08% of The Ensign Group as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ENSG. Point72 Hong Kong Ltd increased its position in The Ensign Group by 83.6% during the fourth quarter. Point72 Hong Kong Ltd now owns 1,320 shares of the company’s stock valued at $60,000 after acquiring an additional 601 shares during the last quarter. FMR LLC grew its stake in shares of The Ensign Group by 119.0% during the 1st quarter. FMR LLC now owns 1,682 shares of the company’s stock valued at $86,000 after purchasing an additional 914 shares during the period. Capital Square LLC purchased a new stake in shares of The Ensign Group during the 1st quarter valued at about $75,000. PNC Financial Services Group Inc. lifted its stake in shares of The Ensign Group by 23.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,310 shares of the company’s stock worth $150,000 after purchasing an additional 620 shares during the period. Finally, Mutual of America Capital Management LLC boosted its holdings in shares of The Ensign Group by 9.6% in the first quarter. Mutual of America Capital Management LLC now owns 4,159 shares of the company’s stock worth $156,000 after buying an additional 365 shares during the last quarter. Institutional investors own 82.15% of the company’s stock.

A number of analysts have commented on ENSG shares. Stephens reaffirmed a “hold” rating and set a $40.00 target price on shares of The Ensign Group in a report on Tuesday, May 12th. SunTrust Banks upped their price objective on The Ensign Group from $46.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, June 11th. Zacks Investment Research raised The Ensign Group from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Monday, May 11th. BidaskClub downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Royal Bank of Canada restated a “buy” rating and set a $48.00 target price on shares of The Ensign Group in a research note on Monday, April 20th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $50.29.

NASDAQ:ENSG opened at $40.48 on Wednesday. The stock has a 50-day moving average price of $42.16 and a 200 day moving average price of $42.17. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.94. The Ensign Group, Inc. has a 12-month low of $24.06 and a 12-month high of $63.00. The stock has a market capitalization of $2.17 billion, a P/E ratio of 17.60, a P/E/G ratio of 1.14 and a beta of 0.81.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.16. The Ensign Group had a net margin of 5.33% and a return on equity of 18.88%. The business had revenue of $589.60 million during the quarter, compared to analyst estimates of $582.73 million. During the same period last year, the firm posted $0.55 EPS. The company’s revenue was up 25.1% on a year-over-year basis. On average, research analysts predict that The Ensign Group, Inc. will post 2.38 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.49%. The ex-dividend date is Monday, June 29th. The Ensign Group’s payout ratio is currently 9.57%.

About The Ensign Group

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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