WCM Investment Management LLC Trims Position in The Ensign Group, Inc. $ENSG

WCM Investment Management LLC reduced its position in The Ensign Group, Inc. (NASDAQ:ENSG) by 46.0% in the 1st quarter, Holdings Channel reports. The fund owned 107,358 shares of the company’s stock after selling 91,540 shares during the period. WCM Investment Management LLC’s holdings in The Ensign Group were worth $21,516,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Mitsubishi UFJ Trust & Banking Corp lifted its position in The Ensign Group by 52.5% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 54,336 shares of the company’s stock worth $9,465,000 after buying an additional 18,699 shares during the period. Cypress Wealth Services LLC purchased a new stake in The Ensign Group in the 4th quarter valued at about $1,508,000. SG Americas Securities LLC increased its stake in shares of The Ensign Group by 70.2% during the 4th quarter. SG Americas Securities LLC now owns 38,029 shares of the company’s stock valued at $6,625,000 after acquiring an additional 15,683 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in shares of The Ensign Group by 8.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 163,131 shares of the company’s stock valued at $28,417,000 after acquiring an additional 12,602 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of The Ensign Group by 14.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 129,756 shares of the company’s stock worth $22,567,000 after acquiring an additional 16,853 shares during the period. 96.12% of the stock is currently owned by institutional investors and hedge funds.

The Ensign Group Stock Performance

The Ensign Group stock opened at $171.28 on Monday. The firm has a market capitalization of $10.01 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 1.68 and a beta of 0.69. The Ensign Group, Inc. has a one year low of $134.79 and a one year high of $218.00. The stock’s 50 day moving average price is $165.85 and its 200 day moving average price is $184.07. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.56.

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

The Ensign Group Dividend Announcement

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

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction that occurred 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 $3,507,706.56. The trade was a 3.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ENSG. Truist Financial lowered their target price on shares of The Ensign Group from $215.00 to $202.00 and set a “hold” rating for the company in a report on Tuesday, July 14th. Royal Bank Of Canada reissued an “outperform” rating on shares of The Ensign Group in a research note on Tuesday, June 9th. Weiss Ratings downgraded shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. Finally, Zacks Research downgraded shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $213.50.

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.