VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Holdings in The Ensign Group, Inc. $ENSG

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in The Ensign Group, Inc. (NASDAQ:ENSG - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,236 shares of the company's stock, valued at approximately $2,442,000.

Other institutional investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors LLC bought a new position in shares of The Ensign Group during the second quarter valued at approximately $26,000. Monetary Solutions Ltd purchased a new stake in shares of The Ensign Group in the fourth quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of The Ensign Group by 55.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company's stock worth $30,000 after acquiring an additional 61 shares during the last quarter. Bayban bought a new stake in shares of The Ensign Group during the 4th quarter worth approximately $31,000. Finally, Caitlin John LLC purchased a new position in The Ensign Group during the 2nd quarter valued at $31,000. Institutional investors own 96.12% of the company's stock.

Insider Activity at The Ensign Group

In related news, Director John Agwunobi sold 392 shares of the company's stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.00% of the company's stock.

The Ensign Group Stock Performance

The Ensign Group stock opened at $172.79 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21. The company 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 company has a 50 day moving average price of $175.14 and a 200-day moving average price of $181.66. The Ensign Group, Inc. has a fifty-two week low of $141.58 and a fifty-two week high of $218.00.

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

The Ensign Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.065 per share. 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 (DPR) is currently 4.08%.

Analysts Set New Price Targets

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

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.

Want to see what other hedge funds are holding ENSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Ensign Group, Inc. (NASDAQ:ENSG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.