Moody National Bank Trust Division decreased its position in The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 34.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,964 shares of the company’s stock after selling 3,077 shares during the period. Moody National Bank Trust Division’s holdings in The Ensign Group were worth $1,039,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the company. Baillie Gifford & Co. grew its holdings in shares of The Ensign Group by 96.2% during the 3rd quarter. Baillie Gifford & Co. now owns 2,818,609 shares of the company’s stock worth $486,971,000 after purchasing an additional 1,382,035 shares in the last quarter. Norges Bank acquired a new position in shares of The Ensign Group in the second quarter valued at $105,400,000. Turtle Creek Asset Management Inc. acquired a new position in shares of The Ensign Group in the third quarter valued at $78,840,000. Victory Capital Management Inc. lifted its position in The Ensign Group by 195.4% in the third quarter. Victory Capital Management Inc. now owns 513,328 shares of the company’s stock worth $88,688,000 after purchasing an additional 339,534 shares during the period. Finally, Wasatch Advisors LP lifted its position in The Ensign Group by 6.0% in 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 period. Institutional investors own 96.12% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $222.00 price target (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Zacks Research raised shares of The Ensign Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Truist Financial set a $215.00 target price on shares of The Ensign Group and gave the company a “hold” rating in a research note on Friday, February 6th. Finally, Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, The Ensign Group has an average rating of “Buy” and an average target price of $204.60.
The Ensign Group Price Performance
Shares of ENSG stock opened at $203.89 on Thursday. The stock’s fifty day simple moving average is $198.60 and its 200 day simple moving average is $184.77. The Ensign Group, Inc. has a one year low of $118.73 and a one year high of $218.00. The firm has a market cap of $11.81 billion, a price-to-earnings ratio of 34.91, a P/E/G ratio of 1.99 and a beta of 0.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42.
The Ensign Group (NASDAQ:ENSG – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.07. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.37 billion. The Ensign Group had a return on equity of 16.76% and a net margin of 6.80%.The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.49 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. On average, analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.
The Ensign Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is presently 4.45%.
Insider Buying and Selling at The Ensign Group
In other The Ensign Group news, CFO Suzanne D. Snapper sold 4,573 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $196.11, for a total value of $896,811.03. Following the transaction, the chief financial officer directly owned 272,889 shares in the company, valued at $53,516,261.79. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Beverly B. Wittekind sold 500 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $210.23, for a total transaction of $105,115.00. Following the sale, the vice president directly owned 32,779 shares in the company, valued at $6,891,129.17. This represents a 1.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,073 shares of company stock worth $3,333,390 over the last ninety days. Company insiders own 3.90% of the company’s stock.
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.
See Also
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