Wellington Management Group LLP Has $69.61 Million Position in The Ensign Group, Inc. $ENSG

Wellington Management Group LLP lessened its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 42.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 434,270 shares of the company’s stock after selling 316,793 shares during the period. Wellington Management Group LLP’s holdings in The Ensign Group were worth $69,613,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ENSG. Transamerica Financial Advisors LLC bought a new position in The Ensign Group in the 2nd quarter valued at $26,000. Monetary Solutions Ltd bought a new stake in shares of The Ensign Group during the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after acquiring an additional 61 shares during the period. Bayban acquired a new position in shares of The Ensign Group during the fourth quarter valued at $31,000. Finally, Caitlin John LLC bought a new position in The Ensign Group in the second quarter valued at about $31,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insiders Place Their Bets

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the business’s 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 completion of the transaction, the director directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Down 0.3%

Shares of NASDAQ:ENSG opened at $172.70 on Thursday. The Ensign Group, Inc. has a 52 week low of $141.58 and a 52 week high of $218.00. 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 27.07, a PEG ratio of 1.67 and a beta of 0.69. The company has a 50 day moving average price of $174.17 and a two-hundred day moving average price of $183.32.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm posted $1.59 earnings per share. The business’s quarterly revenue 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. Analysts forecast that The Ensign Group, Inc. will post 6.93 earnings per share for the current year.

The Ensign Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders 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 0.2%. The Ensign Group’s payout ratio is currently 4.08%.

Analyst Upgrades and Downgrades

ENSG has been the subject of a number of research reports. Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Wall Street Zen lowered 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 reissued an “outperform” rating and set a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Truist Financial raised their price objective on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Four investment 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.com, The Ensign Group has a consensus rating of “Moderate Buy” and an average price target of $216.25.

The Ensign Group 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.