The stock of The Ensign Group, Inc. (NASDAQ:ENSG) is a huge mover today! About 217,196 shares traded hands. The Ensign Group, Inc. (NASDAQ:ENSG) has declined 14.18% since April 8, 2016 and is downtrending. It has underperformed by 19.83% the S&P500.
The move comes after 6 months positive chart setup for the $1.09 billion company. It was reported on Nov, 10 by Barchart.com. We have $32.28 PT which if reached, will make NASDAQ:ENSG worth $621.30 million more.
The Ensign Group, Inc. (NASDAQ:ENSG) Ratings Coverage
Out of 4 analysts covering Ensign Group (NASDAQ:ENSG), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Ensign Group has been the topic of 5 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Wells Fargo downgraded the shares of ENSG in a report on Thursday, May 12 to “Market Perform” rating. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, August 5. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, May 12. The stock of The Ensign Group, Inc. (NASDAQ:ENSG) earned “Buy” rating by SunTrust on Thursday, August 4. The firm has “Outperform” rating given on Friday, February 12 by RBC Capital Markets.
According to Zacks Investment Research, “The Ensign Group was formed for the express purpose of meeting the challenges of the long-term care industry in the 21st Century. Led by the country’s finest caregivers, with an aggressive team of industry and business veterans backing them up, Ensign is elevating quality of care to superior levels, and doing it one facility at a time.”
Insitutional Activity: The institutional sentiment increased to 1.21 in Q2 2016. Its up 0.08, from 1.13 in 2016Q1. The ratio increased, as 13 funds sold all The Ensign Group, Inc. shares owned while 50 reduced positions. 24 funds bought stakes while 52 increased positions. They now own 42.00 million shares or 0.65% less from 42.28 million shares in 2016Q1.
Petrus Trust Company Lta, a Texas-based fund reported 10,818 shares. Metropolitan Life Insur Ny has invested 0.01% of its portfolio in The Ensign Group, Inc. (NASDAQ:ENSG). The New York-based Jpmorgan Chase Com has invested 0% in The Ensign Group, Inc. (NASDAQ:ENSG). State Street owns 1.11M shares or 0% of their US portfolio. Great West Life Assurance Company Can last reported 5,600 shares in the company. Hgk Asset Management accumulated 28,373 shares or 0.09% of the stock. Clinton Grp accumulated 0.02% or 19,001 shares. Putnam Invests Ltd Liability Corp holds 0.01% of its portfolio in The Ensign Group, Inc. (NASDAQ:ENSG) for 240,472 shares. Moreover, Comerica Retail Bank has 0.01% invested in The Ensign Group, Inc. (NASDAQ:ENSG) for 46,628 shares. Dimensional Fund L P holds 1.87 million shares or 0.02% of its portfolio. Swiss Comml Bank last reported 76,900 shares in the company. Palouse Capital Mgmt, a Washington-based fund reported 9,533 shares. Citigroup reported 27,145 shares or 0% of all its holdings. The California-based Schwab Charles Investment Mgmt Incorporated has invested 0% in The Ensign Group, Inc. (NASDAQ:ENSG). Andalusian Cap Partners L P has invested 0.65% of its portfolio in The Ensign Group, Inc. (NASDAQ:ENSG).
Insider Transactions: Since May 16, 2016, the stock had 0 insider buys, and 20 sales for $484,114 net activity. Snapper Suzanne D. sold 217 shares worth $4,428. The insider Keetch Chad sold $805. Shares for $371,959 were sold by Wittekind Beverly B.. 174 shares were sold by Port Barry, worth $3,121. $8,126 worth of The Ensign Group, Inc. (NASDAQ:ENSG) was sold by Christensen Christopher R..
More news for The Ensign Group, Inc. (NASDAQ:ENSG) were recently published by: Streetinsider.com, which released: “Form 4 ENSIGN GROUP, INC For: Nov 02 Filed by: Wittekind Beverly B.” on June 04, 2006. Globenewswire.com‘s article titled: “The Ensign Group to Present at the Stephens 2016 Fall Investment Conference on …” and published on November 07, 2016 is yet another important article.
ENSG Company Profile
The Ensign Group, Inc., incorporated on May 27, 1999, is a holding company. The Company, through its subsidiaries, provides healthcare services across the post-acute care continuum, as well as urgent care centers and mobile ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin. The Company’s divisions include transitional, skilled and assisted living services (TSA services); home health and hospice services, and all other. The TSA services segment includes the operation of skilled nursing facilities and assisted and independent living facilities. The home health and hospice services segment includes the Company’s home health, home care and hospice businesses. The all other segment includes the Company’s urgent care centers and mobile ancillary operations. The Company’s subsidiaries provide a range of skilled nursing, assisted living, home health and hospice, mobile ancillary and urgent care services. The Firm operates a portfolio to approximately 207 healthcare facilities, over 35 of which are owned, approximately 16 hospice agencies, over 16 home health agencies, approximately three home care businesses and over 17 urgent care clinics across approximately 14 states.
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