The Ensign Group, Inc. $ENSG Shares Purchased by De Lisle Partners LLP

De Lisle Partners LLP raised its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 29.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,189 shares of the company’s stock after buying an additional 8,000 shares during the quarter. De Lisle Partners LLP owned about 0.06% of The Ensign Group worth $5,430,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in The Ensign Group by 33.4% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 45,962 shares of the company’s stock valued at $7,090,000 after purchasing an additional 11,496 shares during the last quarter. ABN AMRO Bank N.V. acquired a new stake in shares of The Ensign Group during the second quarter worth $970,000. Inspire Investing LLC purchased a new position in The Ensign Group during the first quarter worth about $2,205,000. Intech Investment Management LLC boosted its stake in The Ensign Group by 16.5% in the 1st quarter. Intech Investment Management LLC now owns 27,485 shares of the company’s stock worth $3,557,000 after buying an additional 3,894 shares during the last quarter. Finally, Fortis Capital Advisors LLC purchased a new stake in The Ensign Group in the 2nd quarter valued at about $594,000. 96.12% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other The Ensign Group news, COO Spencer Burton sold 2,209 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $180.00, for a total value of $397,620.00. Following the completion of the sale, the chief operating officer owned 51,165 shares of the company’s stock, valued at $9,209,700. This trade represents a 4.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daren Shaw sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $178.57, for a total transaction of $178,570.00. Following the transaction, the director directly owned 24,126 shares in the company, valued at approximately $4,308,179.82. The trade was a 3.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 39,142 shares of company stock valued at $7,045,530. Company insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on ENSG. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Truist Financial upped their price target on shares of The Ensign Group from $190.00 to $200.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $206.00 price target (up previously from $177.00) on shares of The Ensign Group in a research note on Friday, November 14th. Stephens boosted their price objective on shares of The Ensign Group from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Finally, UBS Group restated a “buy” rating and set a $220.00 price objective (up from $205.00) on shares of The Ensign Group in a report on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, The Ensign Group has an average rating of “Moderate Buy” and an average target price of $196.40.

The Ensign Group Trading Down 0.8%

Shares of ENSG stock opened at $185.55 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.07. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $193.99. The firm’s 50 day moving average price is $179.56 and its two-hundred day moving average price is $163.75. The stock has a market cap of $10.75 billion, a price-to-earnings ratio of 33.67, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Monday, November 3rd. The company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.05. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The business’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 EPS. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. On average, analysts anticipate that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were paid a $0.0625 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is 4.47%.

The Ensign Group 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.