Dockside LLC Acquires New Holdings in The Ensign Group, Inc. $ENSG

Dockside LLC acquired a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 6,715 shares of the company’s stock, valued at approximately $1,170,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its position in The Ensign Group by 156.5% during the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after acquiring an additional 97 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after acquiring an additional 61 shares in the last quarter. Harbor Investment Advisory LLC raised its position in The Ensign Group by 125.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock valued at $34,000 after acquiring an additional 108 shares in the last quarter. Larson Financial Group LLC raised its position in The Ensign Group by 76.9% during the third quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock valued at $36,000 after acquiring an additional 90 shares in the last quarter. Finally, Caitlin John LLC bought a new position in The Ensign Group during the third quarter valued at approximately $39,000. Institutional investors own 96.12% of the company’s stock.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $196.65, for a total transaction of $137,655.00. Following the transaction, the director owned 22,152 shares in the company, valued at $4,356,190.80. This trade represents a 3.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $199.97, for a total value of $78,388.24. Following the transaction, the director owned 9,295 shares in the company, valued at approximately $1,858,721.15. This trade represents a 4.05% 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. In the last quarter, insiders have sold 2,592 shares of company stock worth $478,246. Corporate insiders own 4.00% of the company’s stock.

The Ensign Group Stock Performance

Shares of ENSG stock opened at $149.37 on Monday. The Ensign Group, Inc. has a 12 month low of $134.79 and a 12 month high of $218.00. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $179.92 and its two-hundred day moving average is $186.74. The company has a market cap of $8.73 billion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 1.46 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.79 by $0.06. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the company posted $1.52 earnings per share. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. Equities analysts predict that The Ensign Group, Inc. will post 6.82 EPS for the current year.

The Ensign Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is 4.23%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ENSG. Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a research report on Sunday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of The Ensign Group in a research report on Tuesday, June 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and a consensus price target of $216.75.

Trending Headlines about The Ensign Group

Here are the key news stories impacting The Ensign Group this week:

• Positive Sentiment: No meaningful positive company-specific catalyst was reported in the latest news flow.
• Neutral Sentiment: Multiple law firms announced or continued investigations into possible securities-law violations and are urging investors who lost money in ENSG to contact them about potential claims. Article Title
• Neutral Sentiment: Another shareholder law firm said it is investigating ENSG after allegations that the company may have issued materially misleading business information. Article Title
• Negative Sentiment: A report attributed to Muddy Waters raised compliance concerns, and the stock dropped sharply on the news, with allegations that Ensign may have gamed CMS quality ratings and engaged in improper billing practices. Article Title

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.