California State Teachers Retirement System Has $10.56 Million Holdings in The Ensign Group, Inc. $ENSG

California State Teachers Retirement System trimmed its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,898 shares of the company's stock after selling 1,460 shares during the period. California State Teachers Retirement System owned about 0.11% of The Ensign Group worth $10,563,449 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of The Ensign Group during the 2nd quarter valued at $937,218,000. Wasatch Advisors LP boosted its position in shares of The Ensign Group by 10.7% during the second quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company's stock worth $365,215,000 after buying an additional 220,329 shares during the period. Geode Capital Management LLC increased its position in shares of The Ensign Group by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company's stock worth $261,107,000 after purchasing an additional 49,117 shares in the last quarter. Norges Bank purchased a new position in shares of The Ensign Group in the 4th quarter valued at about $134,660,000. Finally, Franklin Resources Inc. grew its stake in The Ensign Group by 20.6% in the 4th quarter. Franklin Resources Inc. now owns 630,380 shares of the company's stock worth $109,812,000 after acquiring an additional 107,689 shares during the period. 96.12% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director John Agwunobi sold 392 shares of The Ensign Group stock in a transaction dated 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ENSG shares. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday, July 28th. Weiss Ratings restated a "buy (b-)" rating on shares of The Ensign Group in a research note on Friday. Truist Financial lifted their price objective 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 cut The Ensign Group from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, The Ensign Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $216.25.

The Ensign Group Stock Performance

NASDAQ:ENSG traded down $1.05 during trading hours on Tuesday, reaching $173.88. 175,207 shares of the company's stock were exchanged, compared to its average volume of 526,621. The Ensign Group, Inc. has a 1-year low of $141.58 and a 1-year high of $218.00. The firm has a market capitalization of $10.13 billion, a price-to-earnings ratio of 27.25, a P/E/G ratio of 1.65 and a beta of 0.69. 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 company has a 50-day moving average of $175.41 and a 200 day moving average of $181.12.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last released its quarterly earnings data 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 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 analyst estimates of $1.44 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The business's revenue for the quarter 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 anticipate that The Ensign Group, Inc. will post 7.04 EPS for the current year.

The Ensign Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were issued a dividend of $0.065 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 annualized dividend and a yield of 0.1%. The Ensign Group's payout ratio is 4.08%.

The Ensign Group Company 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.

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