Royal Bank of Canada Has $12.87 Million Stock Position in The Ensign Group, Inc. $ENSG

Royal Bank of Canada lowered its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 9.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 63,888 shares of the company’s stock after selling 6,650 shares during the period. Royal Bank of Canada’s holdings in The Ensign Group were worth $12,873,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ENSG. Parkside Financial Bank & Trust boosted its stake in The Ensign Group by 2.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock worth $348,000 after acquiring an additional 57 shares in the last quarter. Csenge Advisory Group increased its holdings in shares of 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 acquiring an additional 58 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of 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 worth $2,912,000 after purchasing an additional 58 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after purchasing an additional 61 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of The Ensign Group by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock worth $381,000 after purchasing an additional 62 shares in the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

The Ensign Group Stock Performance

Shares of ENSG stock opened at $182.97 on Friday. 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 has a market cap of $10.66 billion, a price-to-earnings ratio of 28.68, a P/E/G ratio of 1.75 and a beta of 0.68. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00. The firm’s 50-day simple moving average is $166.64 and its two-hundred day simple moving average is $183.96.

The Ensign Group (NASDAQ:ENSG) 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 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 during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the firm earned $1.59 EPS. 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. As a group, equities analysts forecast that The Ensign Group, Inc. will post 6.93 earnings per share for the current year.

The Ensign Group Announces Dividend

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

Insider Activity

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $171.06, for a total transaction of $67,055.52. Following the completion of the transaction, the director owned 9,503 shares in the company, valued at $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 available through this link. 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 dated Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the completion of the transaction, the director owned 21,352 shares of the company’s stock, valued at $3,507,706.56. The trade was 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. 4.00% of the stock is owned by corporate insiders.

The Ensign Group 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.