Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 33.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,962 shares of the company’s stock after buying an additional 11,496 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.08% of The Ensign Group worth $7,090,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC boosted its position in shares of The Ensign Group by 114.0% during the 1st quarter. Rise Advisors LLC now owns 199 shares of the company’s stock valued at $26,000 after acquiring an additional 106 shares during the last quarter. TCTC Holdings LLC grew its stake in shares of The Ensign Group by 116.7% in the 1st quarter. TCTC Holdings LLC now owns 208 shares of the company’s stock valued at $27,000 after buying an additional 112 shares during the period. WPG Advisers LLC purchased a new stake in shares of The Ensign Group in the 1st quarter valued at approximately $27,000. Financial Management Professionals Inc. acquired a new stake in shares of The Ensign Group during the 2nd quarter worth approximately $28,000. Finally, Maseco LLP purchased a new stake in shares of The Ensign Group during the 2nd quarter valued at approximately $36,000. 96.12% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Stephens raised their price objective on The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $206.00 price target (up from $177.00) on shares of The Ensign Group in a research report on Friday, November 14th. UBS Group restated a “buy” rating and issued a $220.00 price objective (up from $205.00) on shares of The Ensign Group in a report on Wednesday, November 5th. Truist Financial increased their price objective 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $196.40.
Insiders Place Their Bets
In other news, Director Daren Shaw sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $178.57, for a total transaction of $178,570.00. Following the completion of the transaction, the director directly owned 24,126 shares of the company’s stock, valued at $4,308,179.82. This trade represents a 3.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Spencer Burton sold 2,209 shares of the company’s 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 directly owned 51,165 shares in the company, valued at approximately $9,209,700. The trade was a 4.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 39,142 shares of company stock worth $7,045,530. 3.90% of the stock is owned by company insiders.
The Ensign Group Stock Up 0.4%
ENSG stock opened at $179.34 on Friday. The stock has a market cap of $10.39 billion, a P/E ratio of 32.55, a PEG ratio of 2.10 and a beta of 0.94. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.07. The Ensign Group, Inc. has a twelve month low of $118.73 and a twelve month high of $193.99. The company’s 50 day moving average is $177.14 and its two-hundred day moving average is $161.53.
The Ensign Group (NASDAQ:ENSG – Get Free Report) last announced its earnings results on Monday, November 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.28 billion. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The company’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same period last year, the firm posted $1.39 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Research analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.
The Ensign Group Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, September 30th. The Ensign Group’s payout ratio 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.
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