WINTON GROUP Ltd Makes New Investment in The Ensign Group, Inc. $ENSG

WINTON GROUP Ltd bought a new position in The Ensign Group, Inc. (NASDAQ:ENSG) in the 2nd quarter, Holdings Channel.com reports. The firm bought 3,715 shares of the company’s stock, valued at approximately $596,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of The Ensign Group during the 2nd quarter valued at about $937,218,000. Norges Bank purchased a new position in The Ensign Group in the 4th quarter worth approximately $134,660,000. Bank of New York Mellon Corp purchased a new position in The Ensign Group in the 2nd quarter worth approximately $65,470,000. Paradigm Capital Management Inc. NY acquired a new stake in The Ensign Group in the second quarter valued at approximately $54,742,000. Finally, Bank of America Corp DE acquired a new stake in The Ensign Group in the second quarter valued at approximately $37,509,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ENSG. Truist Financial lifted their price objective on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of The Ensign Group in a report on Friday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, The Ensign Group presently has an average rating of “Moderate Buy” and an average target price of $216.25.

Insider Transactions at The Ensign Group

In related news, Director John Agwunobi sold 392 shares of the company’s stock in a transaction on Monday, July 20th. The shares were 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 $1,625,583.18. This represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Price Performance

Shares of NASDAQ ENSG opened at $172.75 on Wednesday. The Ensign Group, Inc. has a fifty-two week low of $141.58 and a fifty-two week high of $218.00. The business has a 50 day moving average price of $175.45 and a two-hundred day moving average price of $180.83. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.06. The firm has a market cap of $10.07 billion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 1.66 and a beta of 0.69.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) 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 analyst estimates of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The Ensign Group’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the company posted $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 7.04 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently declared 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 dividend yield of 0.2%. The ex-dividend date was Tuesday, June 30th. The Ensign Group’s payout ratio is 4.08%.

The Ensign Group Profile

The Ensign Group, Inc (NASDAQ: ENSG) is a healthcare services company that provides post-acute and senior care through a network of independently operated subsidiaries. Its businesses primarily focus on skilled nursing, rehabilitation and transitional care for patients recovering from illness, injury or surgery, as well as long-term care for seniors and individuals with complex medical needs.

The company also operates or supports assisted living, independent living, memory care, home health and hospice services in selected markets.