Prospera Financial Services Inc Has $2.47 Million Position in The Ensign Group, Inc. $ENSG

Prospera Financial Services Inc reduced its holdings in The Ensign Group, Inc. (NASDAQ:ENSG) by 34.5% during the 4th quarter, HoldingsChannel reports. The firm owned 14,152 shares of the company’s stock after selling 7,441 shares during the quarter. Prospera Financial Services Inc’s holdings in The Ensign Group were worth $2,465,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Equitable Trust Co. grew its position in shares of The Ensign Group by 260.5% in the third quarter. Equitable Trust Co. now owns 29,026 shares of the company’s stock valued at $5,015,000 after purchasing an additional 20,975 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of The Ensign Group in the third quarter valued at about $6,157,000. Citigroup Inc. grew its position in shares of The Ensign Group by 16.6% in the third quarter. Citigroup Inc. now owns 56,612 shares of the company’s stock valued at $9,781,000 after purchasing an additional 8,056 shares during the last quarter. Cypress Wealth Services LLC acquired a new stake in shares of The Ensign Group in the fourth quarter valued at about $1,508,000. Finally, Segall Bryant & Hamill LLC grew its position in shares of The Ensign Group by 2.3% in the third quarter. Segall Bryant & Hamill LLC now owns 331,596 shares of the company’s stock valued at $57,290,000 after purchasing an additional 7,495 shares during the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on ENSG. UBS Group set a $230.00 price target on The Ensign Group and gave the company a “buy” rating in a research report on Friday, February 6th. Truist Financial set a $215.00 price target on The Ensign Group and gave the company a “hold” rating in a research report on Friday, February 6th. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $222.00 price target (up from $206.00) on shares of The Ensign Group in a research report on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $216.75.

The Ensign Group Stock Up 0.3%

NASDAQ ENSG opened at $172.42 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a 50-day simple moving average of $190.70 and a 200 day simple moving average of $188.44. The Ensign Group, Inc. has a twelve month low of $134.79 and a twelve month high of $218.00. The stock has a market cap of $10.08 billion, a PE ratio of 28.08, a PEG ratio of 1.69 and a beta of 0.73.

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

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is presently 4.23%.

Insider Activity

In related news, Director Barry M. Smith sold 700 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $182.21, for a total value of $127,547.00. Following the completion of the sale, the director owned 22,052 shares in the company, valued at approximately $4,018,094.92. This trade represents a 3.08% 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. Also, Director John O. Agwunobi sold 392 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $199.97, for a total transaction of $78,388.24. Following the transaction, the director owned 9,295 shares of the company’s stock, valued at approximately $1,858,721.15. This represents a 4.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 2,592 shares of company stock valued at $512,364. 4.00% of the stock is owned by corporate insiders.

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.