MASTERINVEST Kapitalanlage GmbH Has $1.14 Million Stake in The Ensign Group, Inc. $ENSG

MASTERINVEST Kapitalanlage GmbH lowered its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 47.2% in the third quarter, HoldingsChannel.com reports. The firm owned 6,600 shares of the company’s stock after selling 5,900 shares during the quarter. MASTERINVEST Kapitalanlage GmbH’s holdings in The Ensign Group were worth $1,140,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new stake in shares of The Ensign Group in the second quarter valued at approximately $28,000. Steward Partners Investment Advisory LLC raised its holdings in The Ensign Group by 638.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company’s stock valued at $35,000 after acquiring an additional 198 shares in the last quarter. Maseco LLP bought a new stake in shares of The Ensign Group during the 2nd quarter valued at $36,000. MAI Capital Management lifted its position in shares of The Ensign Group by 1,009.5% during the 2nd quarter. MAI Capital Management now owns 233 shares of the company’s stock valued at $36,000 after acquiring an additional 212 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in shares of The Ensign Group by 1,128.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 258 shares of the company’s stock worth $40,000 after purchasing an additional 237 shares in the last quarter. 96.12% of the stock is owned by institutional investors.

The Ensign Group Price Performance

Shares of ENSG opened at $173.87 on Friday. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $193.99. The firm’s 50-day simple moving average is $179.10 and its two-hundred day simple moving average is $169.47. The stock has a market cap of $10.07 billion, a PE ratio of 31.10, a price-to-earnings-growth ratio of 1.80 and a beta of 0.86. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.46 and a current ratio of 1.46.

The Ensign Group (NASDAQ:ENSG) last released its earnings results on Monday, November 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.05. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.28 billion. The Ensign Group had a net margin of 6.80% and a return on equity of 16.77%. The business’s revenue was up 19.8% on a year-over-year basis. During the same period last year, the business earned $1.39 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Analysts anticipate that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.065 per share. The ex-dividend date is Wednesday, December 31st. This is a boost from The Ensign Group’s previous quarterly dividend of $0.06. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is 4.65%.

Insider Transactions at The Ensign Group

In related news, COO Spencer Burton sold 5,899 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $177.30, for a total value of $1,045,892.70. Following the transaction, the chief operating officer owned 51,165 shares in the company, valued at $9,071,554.50. The trade was a 10.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $173.59, for a total transaction of $121,513.00. Following the sale, the director owned 23,652 shares of the company’s stock, valued at approximately $4,105,750.68. This represents a 2.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 50,242 shares of company stock worth $9,009,622 over the last quarter. Corporate insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ENSG. UBS Group reaffirmed a “buy” rating and issued a $220.00 price target (up previously from $205.00) on shares of The Ensign Group in a research note on Wednesday, November 5th. Truist Financial boosted their target price on shares of The Ensign Group from $190.00 to $200.00 and gave the company a “hold” rating in a research report on Monday, November 10th. Stephens increased their price target on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Royal Bank Of Canada restated an “outperform” rating and set a $206.00 price objective (up from $177.00) on shares of The Ensign Group in a research report on Friday, November 14th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $196.40.

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.