Paradigm Capital Management Inc. NY Makes New Investment in The Ensign Group, Inc. $ENSG

Paradigm Capital Management Inc. NY acquired a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 341,499 shares of the company’s stock, valued at approximately $54,742,000. The Ensign Group makes up 1.5% of Paradigm Capital Management Inc. NY’s investment portfolio, making the stock its 15th largest position.

A number of other hedge funds have also recently modified their holdings of the business. Parkside Financial Bank & Trust grew its position in shares of The Ensign Group by 2.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock worth $348,000 after buying an additional 57 shares during the period. Csenge Advisory Group lifted its position in The Ensign Group by 3.7% during the 4th quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock valued at $286,000 after acquiring an additional 58 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in The Ensign Group by 0.4% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,451 shares of the company’s stock worth $2,912,000 after acquiring an additional 58 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake 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 worth $30,000 after acquiring an additional 61 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in The Ensign Group by 2.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock worth $381,000 after purchasing an additional 62 shares during the period. Institutional investors own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the transaction, the director owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the sale, the director directly owned 9,503 shares of the company’s stock, valued at $1,625,583.18. This represents a 3.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.00% of the company’s stock.

The Ensign Group Price Performance

NASDAQ ENSG opened at $179.37 on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a 50-day moving average of $171.68 and a 200 day moving average of $184.54. The Ensign Group, Inc. has a one year low of $141.58 and a one year high of $218.00. The company has a market capitalization of $10.45 billion, a price-to-earnings ratio of 28.11, a PEG ratio of 1.73 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.12. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, sell-side analysts forecast that The Ensign Group, Inc. will post 6.93 EPS for the current year.

The Ensign Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, June 30th. The Ensign Group’s dividend payout ratio is 4.08%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ENSG shares. Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings downgraded The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Truist Financial lifted their price objective on The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $228.00 target price on shares of The Ensign Group in a report on Tuesday, July 28th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, The Ensign Group presently has an average rating of “Moderate Buy” and a consensus price target of $216.25.

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.