Squarepoint Ops LLC Grows Stock Holdings in The Ensign Group, Inc. $ENSG

Squarepoint Ops LLC grew its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 2,093.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,885 shares of the company’s stock after acquiring an additional 58,109 shares during the period. Squarepoint Ops LLC owned about 0.10% of The Ensign Group worth $9,760,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ENSG. Baird Financial Group Inc. grew its stake in shares of The Ensign Group by 6.3% in the second quarter. Baird Financial Group Inc. now owns 5,573 shares of the company’s stock worth $893,000 after purchasing an additional 332 shares during the last quarter. Nykredit A S bought a new position in The Ensign Group during the 2nd quarter valued at approximately $462,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in The Ensign Group in the 2nd quarter worth approximately $2,442,000. California State Teachers Retirement System lifted its holdings in The Ensign Group by 15,582.5% in the 2nd quarter. California State Teachers Retirement System now owns 10,563,449 shares of the company’s stock worth $1,693,321,000 after buying an additional 10,496,091 shares during the period. Finally, HB Wealth Management LLC grew its position in shares of The Ensign Group by 4.6% in the 2nd quarter. HB Wealth Management LLC now owns 2,095 shares of the company’s stock worth $336,000 after buying an additional 93 shares during the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other The Ensign Group news, Director John Agwunobi sold 392 shares of The Ensign Group 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 completion of the transaction, the director owned 9,503 shares in the company, valued at approximately $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ENSG shares. Royal Bank Of Canada reissued an “outperform” rating and set a $228.00 target price on shares of The Ensign Group in a research note on Tuesday, July 28th. 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 lifted their price target on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $216.25.

The Ensign Group Trading Up 0.6%

NASDAQ ENSG opened at $172.79 on Friday. The firm has a market capitalization of $10.07 billion, a PE ratio of 27.08, a P/E/G ratio of 1.63 and a beta of 0.69. The stock’s 50 day moving average is $175.14 and its 200 day moving average is $181.66. The Ensign Group, Inc. has a twelve month low of $141.58 and a twelve month high of $218.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the prior year, the company earned $1.59 earnings per share. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Research analysts forecast that The Ensign Group, Inc. will post 7.04 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

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

The Ensign Group Profile

The Ensign Group, Inc (NASDAQ: ENSG) is a healthcare services company that provides post-acute and senior care through a network of independently operated subsidiaries. Its businesses primarily focus on skilled nursing, rehabilitation and transitional care for patients recovering from illness, injury or surgery, as well as long-term care for seniors and individuals with complex medical needs.

The company also operates or supports assisted living, independent living, memory care, home health and hospice services in selected markets.