Legal & General Group Plc Buys New Holdings in The Ensign Group, Inc. $ENSG

Legal & General Group Plc purchased a new position in The Ensign Group, Inc. (NASDAQ:ENSGFree Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 77,908 shares of the company’s stock, valued at approximately $12,489,000.

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

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the firm’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 value of $67,055.52. Following the sale, the director directly owned 9,503 shares of the company’s stock, valued at approximately $1,625,583.18. This trade represents a 3.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.00% of the company’s stock.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on The Ensign Group

The Ensign Group Stock Down 0.4%

ENSG stock opened at $172.26 on Tuesday. The Ensign Group, Inc. has a one year low of $141.58 and a one year high of $218.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21. The firm’s fifty day moving average is $173.71 and its 200 day moving average is $183.89. The firm has a market cap of $10.04 billion, a PE ratio of 27.00, a P/E/G ratio of 1.66 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSGGet Free Report) last issued its quarterly earnings data 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 business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the prior year, the firm posted $1.59 earnings per share. The company’s revenue was up 16.7% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, research analysts forecast that The Ensign Group, Inc. will post 6.93 EPS for the current year.

The Ensign Group Announces Dividend

The firm also recently declared 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 0.2%. The Ensign Group’s dividend payout ratio is currently 4.08%.

The Ensign Group Company 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.

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

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