Huntleigh Advisors Inc. Buys 244 Shares of The Ensign Group, Inc. $ENSG

Huntleigh Advisors Inc. increased its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 5.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,568 shares of the company’s stock after purchasing an additional 244 shares during the quarter. Huntleigh Advisors Inc.’s holdings in The Ensign Group were worth $705,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC raised its stake in The Ensign Group by 14.2% during the 1st quarter. GAMMA Investing LLC now owns 2,614 shares of the company’s stock valued at $338,000 after buying an additional 326 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of The Ensign Group in the first quarter worth $343,000. QRG Capital Management Inc. increased its position in The Ensign Group by 1.6% during the first quarter. QRG Capital Management Inc. now owns 5,825 shares of the company’s stock valued at $754,000 after acquiring an additional 92 shares during the last quarter. State of Alaska Department of Revenue increased its position in The Ensign Group by 2.9% during the first quarter. State of Alaska Department of Revenue now owns 6,680 shares of the company’s stock valued at $864,000 after acquiring an additional 190 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in The Ensign Group by 39.0% in the first quarter. Blue Trust Inc. now owns 467 shares of the company’s stock valued at $60,000 after acquiring an additional 131 shares during the period. Institutional investors own 96.12% of the company’s stock.

The Ensign Group Stock Up 1.4%

NASDAQ ENSG opened at $182.04 on Friday. The Ensign Group, Inc. has a 52 week low of $118.73 and a 52 week high of $182.29. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $10.50 billion, a P/E ratio of 33.04, a price-to-earnings-growth ratio of 2.06 and a beta of 0.93. The stock’s 50-day moving average price is $171.01 and its 200-day moving average price is $152.25.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Thursday, July 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.05. The Ensign Group had a return on equity of 16.92% and a net margin of 6.99%.The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the company posted $1.32 EPS. The firm’s revenue was up 18.5% on a year-over-year basis. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. On average, equities research analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a $0.0625 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is 4.54%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ENSG. UBS Group boosted their price target on The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a report on Wednesday, October 8th. Stephens boosted their target price on shares of The Ensign Group from $165.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Finally, Truist Financial set a $190.00 target price on shares of The Ensign Group in a report on Tuesday. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $176.83.

Insider Buying and Selling at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $172.06, for a total transaction of $120,442.00. Following the transaction, the director owned 27,052 shares in the company, valued at approximately $4,654,567.12. The trade was a 2.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.90% of the company’s stock.

About The Ensign Group

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.