Hound Partners LLC Takes $12.06 Million Position in The Ensign Group, Inc. $ENSG

Hound Partners LLC acquired a new position in The Ensign Group, Inc. (NASDAQ:ENSG) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 69,801 shares of the company’s stock, valued at approximately $12,060,000. The Ensign Group accounts for approximately 1.5% of Hound Partners LLC’s investment portfolio, making the stock its 17th largest position. Hound Partners LLC owned 0.12% of The Ensign Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in ENSG. Root Financial Partners LLC acquired a new stake in The Ensign Group in the 3rd quarter valued at approximately $35,000. Caitlin John LLC acquired a new position in shares of The Ensign Group during the third quarter worth approximately $39,000. Steward Partners Investment Advisory LLC boosted its position in shares of The Ensign Group by 638.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company’s stock valued at $35,000 after acquiring an additional 198 shares during the period. MAI Capital Management grew its stake in shares of The Ensign Group by 1,009.5% in the second quarter. MAI Capital Management now owns 233 shares of the company’s stock worth $36,000 after acquiring an additional 212 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its stake in shares of The Ensign Group by 872.4% in the second quarter. SBI Securities Co. Ltd. now owns 282 shares of the company’s stock worth $44,000 after acquiring an additional 253 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Stock Performance

Shares of NASDAQ ENSG opened at $209.71 on Monday. The firm has a market capitalization of $12.15 billion, a price-to-earnings ratio of 35.91, a PEG ratio of 2.06 and a beta of 0.83. The Ensign Group, Inc. has a one year low of $118.73 and a one year high of $218.00. The business has a fifty day simple moving average of $194.20 and a 200 day simple moving average of $183.05. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.07. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the company earned $1.49 earnings per share. The business’s revenue was up 20.2% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Sell-side analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Wednesday, December 31st were given a dividend of $0.065 per share. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date was Wednesday, December 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.45%.

Analysts Set New Price Targets

Several research firms recently commented on ENSG. Zacks Research upgraded shares of The Ensign Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 26th. Truist Financial set a $215.00 price target on shares of The Ensign Group and gave the stock a “hold” rating in a research report on Friday, February 6th. UBS Group set a $230.00 price objective on shares of The Ensign Group and gave the stock a “buy” rating in a report on Friday, February 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a research report on Monday, February 9th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $204.60.

Insiders Place Their Bets

In other The Ensign Group news, CFO Suzanne D. Snapper sold 4,573 shares of The Ensign Group stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $196.11, for a total transaction of $896,811.03. Following the sale, the chief financial officer directly owned 272,889 shares of the company’s stock, valued at approximately $53,516,261.79. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John O. Agwunobi sold 146 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $178.31, for a total value of $26,033.26. Following the completion of the sale, the director owned 9,087 shares in the company, valued at approximately $1,620,302.97. This represents a 1.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,073 shares of company stock valued at $3,693,390 over the last 90 days. Company insiders own 3.90% of the company’s stock.

About The Ensign Group

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.