Bessemer Group Inc. Boosts Stock Holdings in The Ensign Group, Inc. $ENSG

Bessemer Group Inc. raised its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 18.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 257,425 shares of the company’s stock after acquiring an additional 40,312 shares during the period. Bessemer Group Inc.’s holdings in The Ensign Group were worth $44,844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. CWM LLC increased its stake in shares of The Ensign Group by 8.4% in the third quarter. CWM LLC now owns 732 shares of the company’s stock worth $126,000 after purchasing an additional 57 shares in the last quarter. Profund Advisors LLC increased its stake in shares of The Ensign Group by 2.5% in the third quarter. Profund Advisors LLC now owns 2,378 shares of the company’s stock worth $411,000 after purchasing an additional 59 shares in the last quarter. UMB Bank n.a. increased its stake in shares of The Ensign Group by 7.3% in the third quarter. UMB Bank n.a. now owns 911 shares of the company’s stock worth $157,000 after purchasing an additional 62 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in shares of The Ensign Group by 20.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 375 shares of the company’s stock worth $65,000 after purchasing an additional 64 shares in the last quarter. Finally, Davidson Capital Management Inc. increased its stake in shares of The Ensign Group by 0.3% in the fourth quarter. Davidson Capital Management Inc. now owns 23,337 shares of the company’s stock worth $4,065,000 after purchasing an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Price Performance

Shares of NASDAQ:ENSG opened at $177.67 on Friday. The company has a 50 day moving average of $195.57 and a 200 day moving average of $188.90. The stock has a market cap of $10.38 billion, a P/E ratio of 28.94, a P/E/G ratio of 1.76 and a beta of 0.73. The Ensign Group, Inc. has a 12 month low of $134.79 and a 12 month high of $218.00. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.79 by $0.06. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. The Ensign Group had a net margin of 6.89% and a return on equity of 16.78%. The Ensign Group’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.52 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. As a group, sell-side analysts forecast that The Ensign Group, Inc. will post 6.79 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.26 annualized dividend and a yield of 0.1%. The Ensign Group’s payout ratio is currently 4.23%.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Daren Shaw sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $213.43, for a total value of $213,430.00. Following the completion of the transaction, the director owned 23,726 shares of the company’s stock, valued at $5,063,840.18. The trade was a 4.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $182.21, for a total transaction of $127,547.00. Following the completion of the transaction, the director directly owned 22,052 shares of the company’s stock, valued at approximately $4,018,094.92. This represents a 3.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,242 shares of company stock worth $862,154 in the last 90 days. 4.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ENSG shares. UBS Group set a $230.00 target price on shares of The Ensign Group and gave the stock a “buy” rating in a research note on Friday, February 6th. Wall Street Zen upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $222.00 target price (up from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th. Truist Financial set a $215.00 price objective on shares of The Ensign Group and gave the company a “hold” rating in a research note on Friday, February 6th. Finally, Zacks Research cut shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $216.75.

The Ensign Group Company Profile

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.