1,507 Shares in The Ensign Group, Inc. $ENSG Bought by Mutual Advisors LLC

Mutual Advisors LLC acquired a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,507 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds have also added to or reduced their stakes in ENSG. Crow s Nest Holdings LP acquired a new stake in The Ensign Group during the 1st quarter worth $56,936,000. American Century Companies Inc. raised its stake in The Ensign Group by 1,235.5% during the 1st quarter. American Century Companies Inc. now owns 468,575 shares of the company’s stock worth $60,634,000 after buying an additional 433,489 shares during the period. Voya Investment Management LLC raised its stake in The Ensign Group by 1,546.6% during the 1st quarter. Voya Investment Management LLC now owns 273,489 shares of the company’s stock worth $35,389,000 after buying an additional 256,880 shares during the period. Nuveen LLC acquired a new stake in The Ensign Group during the 1st quarter worth $32,429,000. Finally, Wellington Management Group LLP raised its stake in The Ensign Group by 17.6% during the 1st quarter. Wellington Management Group LLP now owns 683,650 shares of the company’s stock worth $88,464,000 after buying an additional 102,089 shares during the period. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $172.06, for a total value of $120,442.00. Following the completion of the transaction, the director owned 27,052 shares in the company, valued at $4,654,567.12. This trade represents a 2.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.90% of the stock is owned by insiders.

The Ensign Group Price Performance

Shares of NASDAQ ENSG opened at $183.15 on Wednesday. The stock has a market capitalization of $10.57 billion, a price-to-earnings ratio of 33.24, a PEG ratio of 2.13 and a beta of 0.93. The business has a 50-day moving average of $171.88 and a 200-day moving average of $153.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $185.69.

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

The Ensign Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Stephens increased their target price on The Ensign Group from $165.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a report on Wednesday, October 8th. UBS Group increased their target price on The Ensign Group from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, September 2nd. Finally, Truist Financial set a $190.00 target price on The Ensign Group in a report on Tuesday, October 14th. Six 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $176.83.

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.