Legal & General Group Plc purchased a new position in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 77,908 shares of the company's stock, valued at approximately $12,489,000. Legal & General Group Plc owned approximately 0.13% of The Ensign Group at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. NewEdge Wealth LLC bought a new position in The Ensign Group in the fourth quarter worth about $5,224,000. Norges Bank bought a new stake in shares of The Ensign Group in the 4th quarter valued at about $134,660,000. Mawer Investment Management Ltd. grew its position in shares of The Ensign Group by 15.8% in the 4th quarter. Mawer Investment Management Ltd. now owns 126,186 shares of the company's stock worth $21,982,000 after buying an additional 17,225 shares during the last quarter. Dockside LLC purchased a new position in shares of The Ensign Group in the 2nd quarter worth approximately $2,180,000. Finally, Geode Capital Management LLC raised its stake in shares of The Ensign Group by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company's stock worth $261,107,000 after acquiring an additional 49,117 shares in the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.
The Ensign Group Stock Down 0.4%
ENSG stock opened at $172.26 on Tuesday. The stock has a market capitalization of $10.04 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 1.66 and a beta of 0.68. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week 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 firm has a 50 day moving average of $173.71 and a 200 day moving average of $183.89.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.80 by $0.12. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The Ensign Group's revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Sell-side analysts forecast that The Ensign Group, Inc. will post 6.93 earnings per share for the current year.
The Ensign Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The Ensign Group's payout ratio is 4.08%.
Analyst Ratings Changes
A number of equities research analysts recently commented on ENSG shares. Wall Street Zen cut shares of The Ensign Group from a "buy" rating to a "hold" rating in a research report on Saturday, July 25th. Weiss Ratings lowered The Ensign Group from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, June 16th. Royal Bank Of Canada reissued an "outperform" rating and issued a $228.00 price objective on shares of The Ensign Group in a research report on Tuesday, July 28th. Finally, Truist Financial boosted their target price on The Ensign Group from $202.00 to $207.00 and gave the stock a "hold" rating in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, The Ensign Group currently has a consensus rating of "Moderate Buy" and an average target price of $216.25.
Read Our Latest Stock Report on The Ensign Group
Insider Activity
In related news, Director John O. Agwunobi sold 392 shares of the company's stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the transaction, the director directly owned 9,503 shares of the company's stock, valued at $1,625,583.18. This represents a 3.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is currently owned by insiders.
About The Ensign Group
(
Free Report)
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.
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