Vest Financial LLC trimmed its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 43.3% during the fourth quarter, HoldingsChannel reports. The fund owned 10,511 shares of the company’s stock after selling 8,020 shares during the period. Vest Financial LLC’s holdings in The Ensign Group were worth $1,831,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its stake in The Ensign Group by 378.6% in the 3rd quarter. SG Americas Securities LLC now owns 22,346 shares of the company’s stock valued at $3,861,000 after buying an additional 17,677 shares during the last quarter. Baillie Gifford & Co. increased its stake in The Ensign Group by 96.2% in the 3rd quarter. Baillie Gifford & Co. now owns 2,818,609 shares of the company’s stock valued at $486,971,000 after buying an additional 1,382,035 shares during the last quarter. Equitable Trust Co. increased its stake in The Ensign Group by 260.5% in the 3rd quarter. Equitable Trust Co. now owns 29,026 shares of the company’s stock valued at $5,015,000 after buying an additional 20,975 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in The Ensign Group in the 3rd quarter valued at $6,157,000. Finally, Citigroup Inc. increased its stake in The Ensign Group by 16.6% in the 3rd quarter. Citigroup Inc. now owns 56,612 shares of the company’s stock valued at $9,781,000 after buying an additional 8,056 shares during the last quarter. 96.12% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at The Ensign Group
In other news, CFO Suzanne D. Snapper sold 4,573 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $196.11, for a total transaction of $896,811.03. Following the completion of the sale, the chief financial officer owned 272,889 shares of the company’s stock, valued at approximately $53,516,261.79. This represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $196.65, for a total transaction of $137,655.00. Following the sale, the director directly owned 22,152 shares of the company’s stock, valued at approximately $4,356,190.80. This trade represents a 3.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 17,173 shares of company stock worth $3,377,311. Company insiders own 4.00% of the company’s stock.
The Ensign Group Stock Performance
The Ensign Group (NASDAQ:ENSG – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.37 billion. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.49 EPS. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Analysts anticipate that The Ensign Group, Inc. will post 6.79 earnings per share for the current year.
The Ensign Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s payout ratio is currently 4.45%.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on ENSG shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $222.00 price target (up from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th. Wall Street Zen upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. 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. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research note on Tuesday, April 21st. Finally, UBS Group set a $230.00 price objective on shares of The Ensign Group and gave the stock a “buy” rating in a research note on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.60.
Read Our Latest Stock Report on The Ensign Group
The Ensign Group Company 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.
Further Reading
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