Clark Capital Management Group Inc. Increases Position in The Ensign Group, Inc. $ENSG

Clark Capital Management Group Inc. increased its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 3.9% during the third quarter, Holdings Channel reports. The fund owned 498,529 shares of the company’s stock after acquiring an additional 18,623 shares during the quarter. Clark Capital Management Group Inc.’s holdings in The Ensign Group were worth $86,131,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in The Ensign Group in the 3rd quarter valued at $35,000. Caitlin John LLC acquired a new stake in shares of The Ensign Group during the third quarter worth $39,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of The Ensign Group by 638.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company’s stock worth $35,000 after purchasing an additional 198 shares during the last quarter. MAI Capital Management grew its position in shares of The Ensign Group by 1,009.5% in the second quarter. MAI Capital Management now owns 233 shares of the company’s stock valued at $36,000 after purchasing an additional 212 shares during the period. Finally, SBI Securities Co. Ltd. grew its position in shares of The Ensign Group by 872.4% in the second quarter. SBI Securities Co. Ltd. now owns 282 shares of the company’s stock valued at $44,000 after purchasing an additional 253 shares during the period. 96.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ENSG has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Zacks Research upgraded The Ensign Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. UBS Group set a $230.00 price objective on shares of The Ensign Group and gave the company a “buy” rating in a research note on Friday, February 6th. Royal Bank Of Canada reiterated an “outperform” rating and set a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Finally, Truist Financial set a $215.00 target price on shares of The Ensign Group and gave the stock a “hold” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $204.60.

The Ensign Group Trading Up 0.6%

NASDAQ ENSG opened at $209.71 on Friday. The Ensign Group, Inc. has a one year low of $118.73 and a one year high of $218.00. The company’s 50 day moving average price is $194.20 and its 200 day moving average price is $182.97. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market capitalization of $12.15 billion, a price-to-earnings ratio of 35.91, a PEG ratio of 2.06 and a beta of 0.83.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.07. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the previous year, the firm earned $1.49 earnings per share. The Ensign Group’s revenue for the quarter was up 20.2% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. On average, sell-side analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Wednesday, December 31st were given a dividend of $0.065 per share. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s dividend payout ratio is currently 4.45%.

Insider Activity

In other The Ensign Group news, CFO Suzanne D. Snapper sold 4,573 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $196.11, for a total transaction of $896,811.03. Following the transaction, the chief financial officer owned 272,889 shares in the company, valued at $53,516,261.79. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John O. Agwunobi sold 146 shares of the company’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $178.31, for a total value of $26,033.26. Following the completion of the sale, the director directly owned 9,087 shares of the company’s stock, valued at $1,620,302.97. The trade was a 1.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 19,073 shares of company stock worth $3,693,390 in the last quarter. Insiders own 3.90% of the company’s stock.

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.