Fifth Third Bancorp Boosts Stake in The Ensign Group, Inc. $ENSG

Fifth Third Bancorp raised its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 2,050.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,153 shares of the company’s stock after purchasing an additional 24,937 shares during the quarter. Fifth Third Bancorp’s holdings in The Ensign Group were worth $5,270,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its holdings in shares of The Ensign Group by 156.5% in the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after buying an additional 97 shares during the period. Cedar Mountain Advisors LLC purchased a new position in The Ensign Group during the 1st quarter valued at about $32,000. Monetary Solutions Ltd acquired a new position in shares of The Ensign Group in the fourth quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after purchasing an additional 61 shares in the last quarter. Finally, Bayban acquired a new position in shares of The Ensign Group in the fourth quarter worth $31,000. 96.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ENSG has been the topic of several analyst reports. Truist Financial reduced their price objective on The Ensign Group from $215.00 to $202.00 and set a “hold” rating on the stock in a research note on Tuesday. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a report on Sunday, June 14th. Zacks Research downgraded The Ensign Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Royal Bank Of Canada restated an “outperform” rating on shares of The Ensign Group in a research note on Tuesday, June 9th. Finally, Weiss Ratings lowered shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 16th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, The Ensign Group has an average rating of “Moderate Buy” and a consensus price target of $213.50.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the sale, the director directly owned 21,352 shares in the company, valued at approximately $3,507,706.56. The trade was a 3.17% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of The Ensign Group stock in a transaction on Monday, April 20th. The stock was sold at an average price of $199.97, for a total value of $78,388.24. Following the transaction, the director directly owned 9,295 shares of the company’s stock, valued at $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. Insiders sold a total of 1,792 shares of company stock valued at $320,931 over the last ninety days. 4.00% of the stock is currently owned by company insiders.

The Ensign Group Stock Performance

Shares of ENSG opened at $171.28 on Friday. 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 Ensign Group, Inc. has a 52-week low of $134.79 and a 52-week high of $218.00. The company has a 50-day simple moving average of $165.85 and a 200-day simple moving average of $184.01. The company has a market capitalization of $10.01 billion, a PE ratio of 27.90, a P/E/G ratio of 1.69 and a beta of 0.69.

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

The Ensign Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th. The Ensign Group’s dividend payout ratio (DPR) is presently 4.23%.

The Ensign Group Company 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.