Renaissance Technologies LLC Purchases New Position in The Ensign Group, Inc. $ENSG

Renaissance Technologies LLC purchased a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 21,400 shares of the company’s stock, valued at approximately $4,312,000.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA grew its position in shares of The Ensign Group by 156.5% in the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new stake in The Ensign Group during the 1st quarter worth approximately $32,000. Monetary Solutions Ltd acquired a new stake in The Ensign Group during the 4th quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in The Ensign Group by 55.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after purchasing an additional 61 shares during the period. Finally, Bayban bought a new stake in The Ensign Group in the 4th quarter valued at $31,000. 96.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on ENSG. Truist Financial increased their price objective on The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings cut shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Royal Bank Of Canada restated an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, 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. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $216.25.

The Ensign Group Trading Up 1.7%

Shares of ENSG stock opened at $181.66 on Friday. The stock has a market cap of $10.59 billion, a P/E ratio of 28.47, a price-to-earnings-growth ratio of 1.72 and a beta of 0.68. The Ensign Group, Inc. has a 1 year low of $141.58 and a 1 year high of $218.00. 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 stock has a 50 day simple moving average of $166.34 and a 200 day simple moving average of $183.97.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings data on Monday, July 27th. The company reported $1.92 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 company’s revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the company earned $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, research analysts predict that The Ensign Group, Inc. will post 6.93 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, June 30th. The Ensign Group’s dividend payout ratio is presently 4.08%.

Insider Activity

In other news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the completion of the sale, the director owned 21,352 shares of the company’s stock, valued at approximately $3,507,706.56. This represents a 3.17% decrease in their position. The sale was disclosed in a legal filing 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 transaction of $67,055.52. Following the sale, the director directly owned 9,503 shares of the company’s stock, valued at approximately $1,625,583.18. This trade represents a 3.96% decrease in their position. 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. 4.00% of the stock is owned by company insiders.

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.