Aptus Capital Advisors LLC Boosts Stock Position in The Ensign Group, Inc. $ENSG

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Aptus Capital Advisors LLC boosted its position in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 12.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,690 shares of the company's stock after acquiring an additional 11,378 shares during the quarter. Aptus Capital Advisors LLC owned 0.18% of The Ensign Group worth $13,029,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ENSG. TCTC Holdings LLC increased its stake in The Ensign Group by 116.7% in the first quarter. TCTC Holdings LLC now owns 208 shares of the company's stock valued at $27,000 after acquiring an additional 112 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in The Ensign Group during the first quarter valued at about $36,000. AdvisorNet Financial Inc purchased a new stake in The Ensign Group during the first quarter valued at about $38,000. Blue Trust Inc. boosted its position in The Ensign Group by 39.0% during the first quarter. Blue Trust Inc. now owns 467 shares of the company's stock valued at $60,000 after buying an additional 131 shares during the period. Finally, CWM LLC boosted its position in The Ensign Group by 17.9% during the first quarter. CWM LLC now owns 585 shares of the company's stock valued at $76,000 after buying an additional 89 shares during the period. Institutional investors own 96.12% of the company's stock.

The Ensign Group Stock Up 1.9%

ENSG traded up $3.20 on Friday, hitting $172.44. The company had a trading volume of 585,074 shares, compared to its average volume of 477,358. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41. The Ensign Group, Inc. has a 52-week low of $118.73 and a 52-week high of $173.62. The stock has a fifty day simple moving average of $152.65 and a 200-day simple moving average of $140.59. The firm has a market capitalization of $9.95 billion, a P/E ratio of 31.30, a P/E/G ratio of 1.94 and a beta of 1.02.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.54 by $0.05. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the business posted $1.32 earnings per share. The Ensign Group's quarterly revenue was up 18.5% compared to the same quarter last year. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. As a group, equities analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 30th were issued a $0.0625 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.25 annualized dividend and a yield of 0.1%. The Ensign Group's dividend payout ratio (DPR) is 4.54%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Macquarie cut their price target on shares of The Ensign Group from $159.00 to $156.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. UBS Group restated a "buy" rating and set a $195.00 price target (up from $185.00) on shares of The Ensign Group in a research report on Thursday, August 14th. Stephens upped their price target on shares of The Ensign Group from $165.00 to $170.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Finally, Truist Financial increased their target price on shares of The Ensign Group from $155.00 to $165.00 and gave the stock a "hold" rating in a report on Monday, July 28th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, The Ensign Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $171.00.

Insiders Place Their Bets

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $153.48, for a total value of $107,436.00. Following the completion of the sale, the director directly owned 27,852 shares in the company, valued at $4,274,724.96. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Suzanne D. Snapper sold 8,379 shares of the firm's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $148.21, for a total transaction of $1,241,851.59. Following the completion of the sale, the chief financial officer owned 269,692 shares of the company's stock, valued at $39,971,051.32. This trade represents a 3.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,798 shares of company stock worth $2,080,733 over the last three months. Company insiders own 3.90% of the company's stock.

About The Ensign Group

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.