Wellington Management Group LLP Sells 316,793 Shares of The Ensign Group, Inc. $ENSG

Wellington Management Group LLP decreased its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 42.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 434,270 shares of the company’s stock after selling 316,793 shares during the period. Wellington Management Group LLP owned 0.75% of The Ensign Group worth $69,613,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. NewEdge Wealth LLC acquired a new stake in The Ensign Group in the 4th quarter valued at approximately $5,224,000. Norges Bank bought a new position in The Ensign Group during the fourth quarter worth $134,660,000. Dockside LLC acquired a new stake in The Ensign Group in the 2nd quarter worth $2,180,000. Mawer Investment Management Ltd. grew its position in The Ensign Group by 15.8% in the 4th quarter. Mawer Investment Management Ltd. now owns 126,186 shares of the company’s stock worth $21,982,000 after purchasing an additional 17,225 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in The Ensign Group by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company’s stock worth $261,107,000 after purchasing an additional 49,117 shares during the last quarter. 96.12% of the stock is currently owned by institutional investors.

Insider Activity at The Ensign Group

In other news, Director John O. Agwunobi sold 392 shares of the 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 sale, the director owned 9,503 shares in the company, valued at approximately $1,625,583.18. This represents a 3.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Stock Performance

NASDAQ ENSG opened at $172.70 on Thursday. The Ensign Group, Inc. has a 1-year low of $141.58 and a 1-year high of $218.00. The company has a 50 day moving average of $174.17 and a 200-day moving average of $183.32. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.06. The firm has a market cap of $10.07 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 1.67 and a beta of 0.69.

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

The Ensign Group Announces Dividend

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

Wall Street Analyst Weigh In

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

The Ensign Group Company 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.