Sei Investments Co. Sells 69,466 Shares of The Ensign Group, Inc. $ENSG

Sei Investments Co. trimmed its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 27.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 187,860 shares of the company’s stock after selling 69,466 shares during the quarter. Sei Investments Co.’s holdings in The Ensign Group were worth $37,855,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ENSG. Private Trust Co. NA lifted its holdings in shares of The Ensign Group by 156.5% during the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares in the last quarter. Cedar Mountain Advisors LLC purchased a new position in The Ensign Group in the 1st quarter worth about $32,000. Monetary Solutions Ltd purchased a new position in The Ensign Group in the 4th quarter worth about $30,000. Northwestern Mutual Wealth Management Co. raised its position in The Ensign Group by 55.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after buying an additional 61 shares during the last quarter. Finally, Bayban bought a new position in The Ensign Group during the 4th quarter valued at about $31,000. Institutional investors own 96.12% of the company’s stock.

Insiders Place Their Bets

In other news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the transaction, the director owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ENSG shares. Truist Financial dropped their price target on shares of The Ensign Group from $215.00 to $202.00 and set a “hold” rating on the stock in a report on Tuesday, July 14th. Weiss Ratings cut shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 16th. Wall Street Zen cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of The Ensign Group in a research report on Tuesday, June 9th. Finally, Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.50.

The Ensign Group Price Performance

ENSG stock opened at $172.99 on Monday. The company has a market cap of $10.11 billion, a price-to-earnings ratio of 28.17, a P/E/G ratio of 1.69 and a beta of 0.69. 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 business’s 50-day moving average is $165.30 and its two-hundred day moving average is $183.91. 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) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the company posted $1.52 EPS. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. As a group, analysts forecast that The Ensign Group, Inc. will post 6.82 earnings per share for the current year.

The Ensign Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a $0.065 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.26 annualized dividend and a yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.23%.

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.