Vanguard Personalized Indexing Management LLC Grows Holdings in The Ensign Group, Inc. $ENSG

Vanguard Personalized Indexing Management LLC grew its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 16.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,444 shares of the company’s stock after buying an additional 933 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in The Ensign Group were worth $995,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rise Advisors LLC grew its stake in The Ensign Group by 114.0% in the 1st quarter. Rise Advisors LLC now owns 199 shares of the company’s stock worth $26,000 after buying an additional 106 shares in the last quarter. TCTC Holdings LLC grew its stake in The Ensign Group by 116.7% in the 1st quarter. TCTC Holdings LLC now owns 208 shares of the company’s stock worth $27,000 after buying an additional 112 shares in the last quarter. WPG Advisers LLC purchased a new position in The Ensign Group in the 1st quarter worth approximately $27,000. Financial Management Professionals Inc. purchased a new position in The Ensign Group in the 2nd quarter worth approximately $28,000. Finally, Maseco LLP purchased a new position in The Ensign Group in the 2nd quarter worth approximately $36,000. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Trading Up 1.4%

NASDAQ:ENSG opened at $182.04 on Monday. The company has a fifty day moving average of $171.01 and a 200 day moving average of $152.52. 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 firm has a market capitalization of $10.50 billion, a P/E ratio of 33.04, a P/E/G ratio of 2.09 and a beta of 0.93.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings results on Thursday, July 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.05. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the business posted $1.32 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. On average, 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 declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, September 30th will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Tuesday, September 30th. The Ensign Group’s dividend payout ratio is currently 4.54%.

Insider Buying and Selling

In related news, Director Barry M. Smith sold 700 shares of the company’s 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 completion of the sale, the director directly owned 27,052 shares in the company, valued at $4,654,567.12. This represents a 2.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ENSG has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Stephens upped their price objective on shares of The Ensign Group from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. UBS Group upped their price objective on shares of The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Finally, Truist Financial set a $190.00 price objective on shares of The Ensign Group in a research note on Tuesday, October 14th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $176.83.

The Ensign Group Company 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.