Sanctuary Advisors LLC Acquires New Position in The Ensign Group, Inc. $ENSG

Sanctuary Advisors LLC acquired a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 5,668 shares of the company’s stock, valued at approximately $909,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust raised its stake in shares of The Ensign Group by 2.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock worth $348,000 after buying an additional 57 shares in the last quarter. Csenge Advisory Group boosted its stake in shares of The Ensign Group by 3.7% in the fourth quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock valued at $286,000 after buying an additional 58 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of The Ensign Group by 0.4% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,451 shares of the company’s stock valued at $2,912,000 after buying an additional 58 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in The Ensign Group by 55.0% during the fourth 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 period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in The Ensign Group by 2.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock worth $381,000 after acquiring an additional 62 shares during the period. Institutional investors and hedge funds own 96.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $228.00 price objective on shares of The Ensign Group in a research report on Tuesday, July 28th. Wall Street Zen cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Truist Financial increased their price target 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, Weiss Ratings cut shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Four 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, The Ensign Group has a consensus rating of “Moderate Buy” and an average price target of $216.25.

Insider Buying and Selling at The Ensign Group

In other news, Director John O. Agwunobi sold 392 shares of The Ensign Group stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the completion of the transaction, the director owned 9,503 shares of the company’s stock, valued at $1,625,583.18. The trade was a 3.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the completion of the sale, the director owned 21,352 shares in the company, valued at $3,507,706.56. This represents a 3.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.00% of the company’s stock.

The Ensign Group Stock Performance

ENSG opened at $172.98 on Friday. The stock has a market cap of $10.08 billion, a P/E ratio of 27.11, a P/E/G ratio of 1.67 and a beta of 0.68. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21. The stock’s 50 day simple moving average is $173.40 and its 200 day simple moving average is $184.22. The Ensign Group, Inc. has a 1-year low of $141.58 and a 1-year high of $218.00.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.12. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 16.7% on a year-over-year basis. During the same period last year, the business posted $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, equities analysts anticipate that The Ensign Group, Inc. will post 6.93 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were given a $0.065 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is currently 4.08%.

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.