The Ensign Group, Inc. $ENSG Shares Acquired by DeDora Capital Inc.

DeDora Capital Inc. lifted its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 5.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,844 shares of the company’s stock after buying an additional 385 shares during the quarter. DeDora Capital Inc.’s holdings in The Ensign Group were worth $1,210,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its stake in shares of The Ensign Group by 23.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,298 shares of the company’s stock worth $1,074,000 after buying an additional 1,564 shares during the last quarter. QRG Capital Management Inc. raised its stake in The Ensign Group by 1.6% in the 1st quarter. QRG Capital Management Inc. now owns 5,825 shares of the company’s stock valued at $754,000 after purchasing an additional 92 shares during the last quarter. KBC Group NV raised its stake in The Ensign Group by 10.7% in the 1st quarter. KBC Group NV now owns 2,506 shares of the company’s stock valued at $324,000 after purchasing an additional 243 shares during the last quarter. New York State Teachers Retirement System raised its stake in The Ensign Group by 0.8% in the 1st quarter. New York State Teachers Retirement System now owns 36,529 shares of the company’s stock valued at $4,727,000 after purchasing an additional 300 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in The Ensign Group in the 1st quarter valued at about $343,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $172.06, for a total transaction of $120,442.00. Following the transaction, the director owned 27,052 shares in the company, valued at approximately $4,654,567.12. The trade was a 2.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.90% of the company’s stock.

The Ensign Group Trading Up 1.4%

NASDAQ ENSG opened at $182.04 on Friday. The Ensign Group, Inc. has a 12 month low of $118.73 and a 12 month high of $182.29. The company has a 50-day moving average of $171.01 and a 200-day moving average of $152.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $10.50 billion, a P/E ratio of 33.04, a P/E/G ratio of 2.09 and a beta of 0.93.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings data on Thursday, July 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.05. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.22 billion. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.32 EPS. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. As a group, equities analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

The Ensign Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, September 30th. The Ensign Group’s dividend payout ratio (DPR) is currently 4.54%.

Analysts Set New Price Targets

Several brokerages recently weighed in on ENSG. Stephens boosted their target price on shares of The Ensign Group from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Truist Financial set a $190.00 target price on shares of The Ensign Group in a research note on Tuesday. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Finally, UBS Group boosted their target price on shares of The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $176.83.

The Ensign Group Company Profile

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.