Sanctuary Advisors LLC Buys New Stake in The Ensign Group, Inc. $ENSG

Sanctuary Advisors LLC purchased a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,668 shares of the company’s stock, valued at approximately $909,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Monetary Solutions Ltd acquired a new position in The Ensign Group in the fourth quarter valued at $30,000. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 purchasing an additional 61 shares in the last quarter. Bayban acquired a new stake in shares of The Ensign Group during the fourth quarter worth about $31,000. Cedar Mountain Advisors LLC purchased a new stake in shares of The Ensign Group in the 1st quarter valued at about $32,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of The Ensign Group in the 2nd quarter valued at about $36,000. 96.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ENSG shares. Wall Street Zen downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Weiss Ratings cut 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 issued a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Truist Financial increased their price objective on The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $216.25.

The Ensign Group Price Performance

Shares of NASDAQ:ENSG opened at $172.98 on Friday. The Ensign Group, Inc. has a one year low of $141.58 and a one year high of $218.00. The stock has a market capitalization of $10.08 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 1.67 and a beta of 0.68. The company has a 50-day simple moving average of $173.40 and a 200-day simple moving average of $184.22. 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 Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The business’s 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, analysts predict that The Ensign Group, Inc. will post 6.93 EPS for the current year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, June 30th. The Ensign Group’s dividend payout ratio (DPR) is 4.08%.

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 21,352 shares of the company’s stock, 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 SEC, which is accessible 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 company’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the sale, the director owned 9,503 shares of the company’s stock, valued at $1,625,583.18. This trade represents a 3.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.00% of the company’s stock.

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.