Grandeur Peak Global Advisors LLC Buys New Shares in The Ensign Group, Inc. $ENSG

Grandeur Peak Global Advisors LLC bought a new position in The Ensign Group, Inc. (NASDAQ:ENSGFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 20,924 shares of the company’s stock, valued at approximately $3,354,000.

A number of other institutional investors have also bought and sold shares of ENSG. BlackRock Inc. bought a new position in shares of The Ensign Group in the second quarter worth about $937,218,000. Wasatch Advisors LP raised its stake in The Ensign Group by 6.0% during the 2nd quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock valued at $548,961,000 after purchasing an additional 199,983 shares during the period. Geode Capital Management LLC lifted its holdings in The Ensign Group by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company’s stock worth $261,107,000 after purchasing an additional 49,117 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in The Ensign Group by 9.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,332,505 shares of the company’s stock worth $232,124,000 after purchasing an additional 118,110 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in The Ensign Group by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,090,838 shares of the company’s stock worth $190,033,000 after purchasing an additional 5,458 shares during the period. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Insider Buying and Selling

In other news, Director John O. Agwunobi sold 392 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the transaction, the director owned 9,503 shares of the company’s stock, valued at approximately $1,625,583.18. The trade was a 3.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the sale, the director owned 21,352 shares of the company’s stock, valued at approximately $3,507,706.56. This represents a 3.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ENSG has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Truist Financial raised their target price on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a report on Tuesday, July 28th. Finally, Weiss Ratings cut shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.25.

Check Out Our Latest Stock Report on The Ensign Group

The Ensign Group Price Performance

ENSG stock opened at $173.54 on Friday. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00. The firm has a market capitalization of $10.11 billion, a P/E ratio of 27.20, a price-to-earnings-growth ratio of 1.74 and a beta of 0.68. The company has a fifty day simple moving average of $173.02 and a two-hundred day simple moving average of $184.30. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSGGet Free Report) last posted its earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the firm posted $1.59 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Analysts anticipate that The Ensign Group, Inc. will post 6.93 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.065 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s dividend payout ratio is 4.08%.

The Ensign Group Profile

(Free Report)

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.

Further Reading

Institutional Ownership by Quarter for The Ensign Group (NASDAQ:ENSG)

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