MAI Capital Management Boosts Stake in The Ensign Group, Inc. $ENSG

MAI Capital Management increased its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 2,441.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,922 shares of the company’s stock after purchasing an additional 5,689 shares during the quarter. MAI Capital Management’s holdings in The Ensign Group were worth $1,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of ENSG. CWM LLC lifted its stake in The Ensign Group by 8.4% during the 3rd quarter. CWM LLC now owns 732 shares of the company’s stock valued at $126,000 after acquiring an additional 57 shares during the period. Profund Advisors LLC raised its holdings 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 purchasing an additional 59 shares during the last quarter. UMB Bank n.a. lifted its position in 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 purchasing an additional 62 shares during the period. First Horizon Advisors Inc. boosted its holdings in The Ensign Group by 6.4% in the second quarter. First Horizon Advisors Inc. now owns 1,193 shares of the company’s stock worth $184,000 after purchasing an additional 72 shares during the last quarter. Finally, HB Wealth Management LLC grew its position in The Ensign Group by 4.1% in the 3rd quarter. HB Wealth Management LLC now owns 1,810 shares of the company’s stock worth $313,000 after purchasing an additional 72 shares during the period. 96.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $173.59, for a total transaction of $121,513.00. Following the transaction, the director owned 23,652 shares of the company’s stock, valued at approximately $4,105,750.68. The trade was a 2.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Beverly B. Wittekind sold 8,400 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $175.48, for a total value of $1,474,032.00. Following the sale, the vice president owned 32,779 shares in the company, valued at $5,752,058.92. The trade was a 20.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,473 shares of company stock valued at $5,147,297 in the last quarter. 3.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ENSG shares. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. 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. Stephens upped their price target on shares of The Ensign Group from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 5th. Truist Financial set a $215.00 price objective on shares of The Ensign Group and gave the stock a “hold” rating in a report on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $204.60.

The Ensign Group Stock Up 0.7%

NASDAQ ENSG opened at $214.17 on Friday. The stock has a 50 day moving average price of $187.39 and a 200-day moving average price of $180.02. The Ensign Group, Inc. has a one year low of $118.73 and a one year high of $216.92. 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 company has a market capitalization of $12.40 billion, a P/E ratio of 36.67, a P/E/G ratio of 2.10 and a beta of 0.88.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter in the previous year, the business posted $1.49 earnings per share. The Ensign Group’s quarterly 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. As a group, equities analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Wednesday, December 31st were given a $0.065 dividend. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. This represents a $0.26 annualized dividend and a yield of 0.1%. The ex-dividend date was Wednesday, December 31st. The Ensign Group’s dividend payout ratio (DPR) is 4.45%.

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.