SG Americas Securities LLC increased its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 70.2% in the fourth quarter, HoldingsChannel reports. The firm owned 38,029 shares of the company’s stock after buying an additional 15,683 shares during the quarter. SG Americas Securities LLC’s holdings in The Ensign Group were worth $6,625,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENSG. CWM LLC boosted its stake in shares of The Ensign Group by 8.4% during the 3rd quarter. CWM LLC now owns 732 shares of the company’s stock worth $126,000 after purchasing an additional 57 shares during the last quarter. Profund Advisors LLC lifted its stake in shares of The Ensign Group by 2.5% during the third quarter. Profund Advisors LLC now owns 2,378 shares of the company’s stock valued at $411,000 after buying an additional 59 shares during the period. UMB Bank n.a. lifted its stake in shares of The Ensign Group by 7.3% during the third quarter. UMB Bank n.a. now owns 911 shares of the company’s stock valued at $157,000 after buying an additional 62 shares during the period. HB Wealth Management LLC boosted its position in The Ensign Group by 4.1% during the third quarter. HB Wealth Management LLC now owns 1,810 shares of the company’s stock worth $313,000 after acquiring an additional 72 shares during the last quarter. Finally, Fiduciary Trust Co boosted its position in The Ensign Group by 0.9% during the third quarter. Fiduciary Trust Co now owns 8,446 shares of the company’s stock worth $1,459,000 after acquiring an additional 75 shares during the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at The Ensign Group
In other news, VP Beverly B. Wittekind sold 500 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $210.23, for a total value of $105,115.00. Following the transaction, the vice president directly owned 32,779 shares in the company, valued at $6,891,129.17. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Suzanne D. Snapper sold 8,258 shares of The Ensign Group stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $194.48, for a total value of $1,606,015.84. Following the completion of the transaction, the chief financial officer directly owned 277,462 shares in the company, valued at $53,960,809.76. This represents a 2.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,073 shares of company stock valued at $3,333,390 in the last ninety days. Company insiders own 3.90% of the company’s stock.
The Ensign Group Price Performance
The Ensign Group (NASDAQ:ENSG – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter last year, the firm posted $1.49 earnings per share. The Ensign Group’s revenue 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. Sell-side analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.
The Ensign Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.065 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.45%.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $222.00 price target (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Zacks Research upgraded The Ensign Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, UBS Group set a $230.00 target price on The Ensign Group and gave the stock a “buy” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $204.60.
View Our Latest Stock Report on The Ensign Group
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.
Featured Articles
Want to see what other hedge funds are holding ENSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Ensign Group, Inc. (NASDAQ:ENSG – Free Report).
Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.
