The Ensign Group, Inc. $ENSG Shares Acquired by Osaic Holdings Inc.

Osaic Holdings Inc. lifted its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 755.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,837 shares of the company’s stock after purchasing an additional 33,415 shares during the period. Osaic Holdings Inc. owned about 0.07% of The Ensign Group worth $5,837,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BI Asset Management Fondsmaeglerselskab A S bought a new position in The Ensign Group during the 1st quarter worth approximately $84,000. Credit Agricole S A increased its holdings in shares of The Ensign Group by 80.2% in the 1st quarter. Credit Agricole S A now owns 11,940 shares of the company’s stock valued at $1,545,000 after acquiring an additional 5,314 shares during the last quarter. AlphaQuest LLC raised its position in shares of The Ensign Group by 45.5% during the 1st quarter. AlphaQuest LLC now owns 4,402 shares of the company’s stock valued at $570,000 after acquiring an additional 1,376 shares in the last quarter. Jump Financial LLC lifted its stake in The Ensign Group by 26.5% during the first quarter. Jump Financial LLC now owns 58,123 shares of the company’s stock worth $7,521,000 after purchasing an additional 12,161 shares during the last quarter. Finally, Walleye Capital LLC acquired a new position in The Ensign Group in the first quarter worth $905,000. 96.12% of the stock is owned by institutional investors.

The Ensign Group Trading Down 1.3%

Shares of NASDAQ:ENSG opened at $179.03 on Tuesday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average price is $180.88 and its 200 day moving average price is $167.23. The company has a market cap of $10.37 billion, a PE ratio of 32.03, a P/E/G ratio of 2.05 and a beta of 0.85. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $193.99.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Monday, November 3rd. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.59 by $0.05. The company 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 6.80% and a return on equity of 16.77%. The Ensign Group’s revenue was up 19.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.39 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Sell-side analysts anticipate that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

The Ensign Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, December 31st. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. The Ensign Group’s dividend payout ratio (DPR) is presently 4.47%.

Wall Street Analyst Weigh In

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

Insider Activity at The Ensign Group

In related news, CEO Barry Port sold 28,315 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $180.71, for a total value of $5,116,803.65. Following the completion of the sale, the chief executive officer owned 56,481 shares of the company’s stock, valued at $10,206,681.51. This represents a 33.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Beverly B. Wittekind sold 8,400 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $175.48, for a total transaction of $1,474,032.00. Following the completion of the transaction, the vice president owned 32,779 shares of the company’s stock, valued at $5,752,058.92. This represents a 20.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 47,542 shares of company stock worth $8,528,109 in the last ninety days. 3.90% of the stock is currently owned by corporate insiders.

The Ensign Group 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.