Capstone Investment Advisors LLC purchased a new stake in The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) during the second quarter, according to its most recent filing with the SEC. The fund purchased 5,422 shares of the company’s stock, valued at approximately $869,000.
Several other hedge funds have also bought and sold shares of the stock. Cedar Mountain Advisors LLC purchased a new position in shares of The Ensign Group during the first quarter valued at about $32,000. Transamerica Financial Advisors LLC bought a new stake in shares of The Ensign Group in the second quarter worth about $26,000. Monetary Solutions Ltd purchased a new stake in shares of The Ensign Group in the fourth quarter worth about $30,000. 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 valued at $30,000 after buying an additional 61 shares during the last quarter. Finally, Bayban bought a new position in The Ensign Group during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 96.12% of the company’s stock.
Insider Activity at The Ensign Group
In related news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the sale, the director directly owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 Ensign Group stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the transaction, the director directly owned 9,503 shares of the company’s stock, valued at $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. 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 own 4.00% of the company’s stock.
The Ensign Group Trading Down 0.3%
The Ensign Group (NASDAQ:ENSG – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.12. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the previous year, the firm posted $1.59 earnings per share. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, research analysts forecast that The Ensign Group, Inc. will post 6.93 EPS for the current year.
The Ensign Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 annualized dividend and a dividend yield of 0.2%. The Ensign Group’s payout ratio is currently 4.08%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on ENSG. Weiss Ratings downgraded The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Royal Bank Of Canada reiterated an “outperform” rating and set a $228.00 target price on shares of The Ensign Group in a research report on Tuesday, July 28th. Wall Street Zen cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Truist Financial upped their price target on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Four 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.25.
Get Our Latest Report on The Ensign Group
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.
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