Capstone Investment Advisors LLC purchased a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,422 shares of the company’s stock, valued at approximately $869,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in ENSG. Parkside Financial Bank & Trust boosted its holdings in shares of The Ensign Group by 2.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock worth $348,000 after buying an additional 57 shares during the last quarter. Csenge Advisory Group increased its holdings in The Ensign Group by 3.7% during the fourth quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock valued at $286,000 after buying an additional 58 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in The Ensign Group by 0.4% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,451 shares of the company’s stock valued at $2,912,000 after buying an additional 58 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after acquiring an additional 61 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in The Ensign Group by 2.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock worth $381,000 after acquiring an additional 62 shares during the period. Hedge funds and other institutional investors own 96.12% of the company’s stock.
Wall Street Analyst Weigh In
ENSG has been the topic of several analyst reports. Wall Street Zen downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings cut The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Truist Financial lifted their price objective on The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. Four 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.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $216.25.
The Ensign Group Stock Down 0.3%
Shares of ENSG stock opened at $172.98 on Friday. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 1.67 and a beta of 0.68. The Ensign Group, Inc. has a one year low of $141.58 and a one year high of $218.00. The company’s fifty day moving average price is $173.40 and its 200-day moving average price is $184.22. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21.
The Ensign Group (NASDAQ:ENSG – Get Free Report) last released its earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.12. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The Ensign Group’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Sell-side analysts expect that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.
The Ensign Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The Ensign Group’s dividend payout ratio is 4.08%.
Insider Transactions at The Ensign Group
In related news, Director John O. Agwunobi sold 392 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the completion of the sale, the director owned 9,503 shares in the company, valued at approximately $1,625,583.18. This trade represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the sale, the director directly owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.00% of the company’s stock.
The Ensign Group Company Profile
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.
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