The Ensign Group, Inc. (ENSG) Reaches $34.90 52-Week High; Profile of 4 Analysts Covering New Jersey Resources (NJR)

May 22, 2018 - By Henry Gaston

The stock of The Ensign Group, Inc. (NASDAQ:ENSG) hit a new 52-week high and has $36.30 target or 4.00% above today’s $34.90 share price. The 6 months bullish chart indicates low risk for the $1.82 billion company. The 1-year high was reported on May, 22 by Barchart.com. If the $36.30 price target is reached, the company will be worth $72.76 million more. The stock increased 0.69% or $0.24 during the last trading session, reaching $34.9. About 64,487 shares traded. The Ensign Group, Inc. (NASDAQ:ENSG) has risen 44.87% since May 22, 2017 and is uptrending. It has outperformed by 33.32% the S&P500.

Among 8 analysts covering New Jersey Resources Corp (NYSE:NJR), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. New Jersey Resources Corp had 13 analyst reports since August 18, 2015 according to SRatingsIntel. Janney Capital downgraded the shares of NJR in report on Thursday, March 31 to “Neutral” rating. The company was initiated on Wednesday, March 30 by BB&T Capital. Guggenheim maintained New Jersey Resources Corporation (NYSE:NJR) rating on Tuesday, January 2. Guggenheim has “Buy” rating and $44.0 target. The firm has “Neutral” rating by Ladenburg Thalmann given on Wednesday, January 13. Bank of America maintained it with “Underperform” rating and $38 target in Wednesday, August 23 report. The firm has “Market Perform” rating given on Wednesday, January 6 by Wells Fargo. The rating was upgraded by Zacks on Monday, September 7 to “Buy”. The stock of New Jersey Resources Corporation (NYSE:NJR) earned “Buy” rating by Zacks on Tuesday, August 18. The firm has “Hold” rating given on Friday, September 4 by Zacks. Janney Capital upgraded the stock to “Buy” rating in Wednesday, November 22 report. See New Jersey Resources Corporation (NYSE:NJR) latest ratings:

02/01/2018 Broker: Guggenheim Rating: Buy New Target: $44.0 Maintain

More important recent New Jersey Resources Corporation (NYSE:NJR) news were published by: Businesswire.com which released: “New Jersey Resources Board of Directors Declares Quarterly Dividend” on May 08, 2018, also Businesswire.com published article titled: “New Jersey Natural Gas Recognized for Exceptional Dedication to the Environment”, Benzinga.com published: “Earnings Scheduled For May 4, 2018” on May 04, 2018. More interesting news about New Jersey Resources Corporation (NYSE:NJR) was released by: Globenewswire.com and their article: “Research Report Identifies Signature Bank, Concert Pharmaceuticals, Easterly Government Properties, Hilltop …” with publication date: April 23, 2018.

Investors sentiment decreased to 1.22 in Q4 2017. Its down 0.06, from 1.28 in 2017Q3. It turned negative, as 18 investors sold New Jersey Resources Corporation shares while 69 reduced holdings. 38 funds opened positions while 68 raised stakes. 55.00 million shares or 1.03% more from 54.44 million shares in 2017Q3 were reported. Ameriprise Fincl stated it has 0.02% in New Jersey Resources Corporation (NYSE:NJR). Opus Inv Mgmt holds 28,000 shares. Channing Mngmt Limited Liability Com owns 81,758 shares for 0.11% of their portfolio. Royal Financial Bank Of Canada holds 0% of its portfolio in New Jersey Resources Corporation (NYSE:NJR) for 52,701 shares. 2,900 were accumulated by Kistler. 154,085 are held by California Employees Retirement Sys. Thrivent Financial For Lutherans invested 0.03% in New Jersey Resources Corporation (NYSE:NJR). Trust Of Vermont stated it has 418 shares. 130 were reported by Jfs Wealth Advsrs. 42,455 were accumulated by Tiedemann Wealth Mgmt Llc. Goldman Sachs Group stated it has 2.27 million shares or 0.02% of all its holdings. Moreover, Pnc Group has 0% invested in New Jersey Resources Corporation (NYSE:NJR) for 54,810 shares. Profund Advsrs Ltd Company has 0.03% invested in New Jersey Resources Corporation (NYSE:NJR). Victory Capital Mgmt holds 612,930 shares. Ww Asset stated it has 5,190 shares or 0.01% of all its holdings.

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company has market cap of $3.80 billion. The firm operates through Natural Gas Distribution, Clean Energy Ventures, Energy Services, Midstream, and Home Services and Other divisions. It has a 17.06 P/E ratio. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 521,200 residential and commercial clients in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.

Since February 14, 2018, it had 0 insider purchases, and 1 sale for $99,222 activity. $99,222 worth of New Jersey Resources Corporation (NYSE:NJR) was sold by Migliaccio Patrick J. on Wednesday, February 14.

The stock increased 0.35% or $0.15 during the last trading session, reaching $43.35. About 30,789 shares traded. New Jersey Resources Corporation (NYSE:NJR) has declined 0.63% since May 22, 2017 and is downtrending. It has underperformed by 12.18% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 12 sales for $3.38 million activity. Shares for $195,300 were sold by Nackel John G. on Tuesday, February 27. $228,070 worth of The Ensign Group, Inc. (NASDAQ:ENSG) was sold by Wittekind Beverly B.. On Thursday, January 11 the insider Hubenette Antoinette T. sold $434,421. The insider Port Barry sold 5,901 shares worth $142,284.

More recent The Ensign Group, Inc. (NASDAQ:ENSG) news were published by: Globenewswire.com which released: “The Ensign Group Reports First Quarter Results” on May 02, 2018. Also Globenewswire.com published the news titled: “The Ensign Group Acquires Texas Post-Acute Care Campus” on May 01, 2018. Ocbj.com‘s news article titled: “Midday Stock Roundup” with publication date: May 03, 2018 was also an interesting one.

Investors sentiment increased to 1.58 in Q4 2017. Its up 0.47, from 1.11 in 2017Q3. It improved, as 10 investors sold The Ensign Group, Inc. shares while 42 reduced holdings. 22 funds opened positions while 60 raised stakes. 42.07 million shares or 1.36% more from 41.50 million shares in 2017Q3 were reported. Oppenheimer Asset reported 9,754 shares. Mason Street Lc has 0.01% invested in The Ensign Group, Inc. (NASDAQ:ENSG) for 12,511 shares. Kestrel Invest Management holds 2.6% of its portfolio in The Ensign Group, Inc. (NASDAQ:ENSG) for 335,700 shares. Goldman Sachs Group has 0% invested in The Ensign Group, Inc. (NASDAQ:ENSG). Fmr Ltd Co accumulated 0% or 228,174 shares. Alliancebernstein Lp owns 61,938 shares for 0% of their portfolio. Stone Ridge Asset Llc stated it has 0.02% of its portfolio in The Ensign Group, Inc. (NASDAQ:ENSG). Scotia, Ontario – Canada-based fund reported 10,000 shares. Illinois-based First Advsr Limited Partnership has invested 0% in The Ensign Group, Inc. (NASDAQ:ENSG). Laurion Capital Mgmt L P has invested 0% of its portfolio in The Ensign Group, Inc. (NASDAQ:ENSG). Prudential stated it has 81,272 shares or 0% of all its holdings. The Nebraska-based Ameritas Prtnrs Inc has invested 0% in The Ensign Group, Inc. (NASDAQ:ENSG). Hsbc Public Limited Com holds 12,615 shares or 0% of its portfolio. Opus Group Ltd Company holds 0.66% or 135,256 shares in its portfolio. Old National Bancorp In holds 0.01% or 10,432 shares in its portfolio.

The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses in the United States. The company has market cap of $1.82 billion. It operates through three divisions: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. It has a 45.32 P/E ratio. The Transitional and Skilled Services segment provides a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services comprising daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.

Among 7 analysts covering Ensign Group (NASDAQ:ENSG), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Ensign Group has $58 highest and $21.0 lowest target. $29.80’s average target is -14.61% below currents $34.9 stock price. Ensign Group had 21 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Thursday, August 4. The stock has “Hold” rating by Stifel Nicolaus on Thursday, May 3. The stock of The Ensign Group, Inc. (NASDAQ:ENSG) earned “Buy” rating by RBC Capital Markets on Monday, July 31. The stock has “Buy” rating by SunTrust on Thursday, November 9. The stock of The Ensign Group, Inc. (NASDAQ:ENSG) earned “Mkt Underperform” rating by JMP Securities on Wednesday, January 4. The stock of The Ensign Group, Inc. (NASDAQ:ENSG) has “Buy” rating given on Friday, February 9 by SunTrust. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, May 12 report. RBC Capital Markets maintained it with “Buy” rating and $21.0 target in Monday, November 6 report. Oppenheimer maintained the shares of ENSG in report on Wednesday, August 5 with “Outperform” rating. The firm earned “Outperform” rating on Tuesday, May 22 by Oppenheimer.

The Ensign Group, Inc. (NASDAQ:ENSG) Institutional Positions Chart

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