Prosperitas Financial LLC Acquires New Holdings in The Ensign Group, Inc. $ENSG

Key Points

• Prosperitas Financial acquired 13,007 shares of The Ensign Group worth approximately $2.1 million, while institutional investors collectively own 96.12% of the company.
• The Ensign Group exceeded quarterly earnings expectations, reporting $1.92 in EPS versus the $1.80 consensus estimate; revenue rose 16.7% year over year to $1.44 billion.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $216.25, compared with the stock’s recent price of $172.98.

Prosperitas Financial LLC bought a new position in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,007 shares of the company's stock, valued at approximately $2,085,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Grandeur Peak Global Advisors LLC bought a new position in The Ensign Group in the 2nd quarter valued at $3,354,000. Caitlin John LLC bought a new stake in The Ensign Group during the second quarter valued at $31,000. Jefferies Financial Group Inc. bought a new stake in The Ensign Group during the second quarter valued at $721,000. Public Employees Retirement System of Ohio purchased a new position in The Ensign Group during the second quarter worth about $2,641,000. Finally, MASTERINVEST Kapitalanlage GmbH bought a new position in The Ensign Group in the 2nd quarter worth about $1,058,000. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of The Ensign Group 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 transaction, the director directly owned 21,352 shares of the company's stock, valued at approximately $3,507,706.56. This trade represents a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 business'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 completion of the sale, the director owned 9,503 shares of the company's stock, valued at approximately $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.00% of the company's stock.

Analyst Ratings Changes

ENSG has been the subject of several recent analyst reports. Truist Financial boosted their price objective on The Ensign Group from $202.00 to $207.00 and gave the stock a "hold" rating in a report on Thursday, July 30th. Wall Street Zen downgraded shares of The Ensign Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Royal Bank Of Canada reiterated an "outperform" rating and set a $228.00 target price on shares of The Ensign Group in a research report on Tuesday, July 28th. Finally, Weiss Ratings cut shares of The Ensign Group from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, June 16th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $216.25.

The Ensign Group Trading Down 0.3%

Shares of ENSG stock opened at $172.98 on Friday. 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 business has a 50-day moving average price of $173.40 and a two-hundred day moving average price of $184.22. The Ensign Group, Inc. has a 12-month low of $141.58 and a 12-month high of $218.00. The firm has a market cap of $10.08 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 1.67 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $1.92 EPS for the quarter, beating the consensus estimate 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 period in the prior year, the company earned $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Equities analysts anticipate that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, June 30th. The Ensign Group's dividend payout ratio (DPR) is presently 4.08%.

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.

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