30,000 Shares in The Ensign Group, Inc. $ENSG Purchased by Swedbank AB

Swedbank AB acquired a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,000 shares of the company’s stock, valued at approximately $5,183,000. Swedbank AB owned 0.05% of The Ensign Group as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of The Ensign Group during the 2nd quarter worth approximately $105,400,000. Crow s Nest Holdings LP purchased a new stake in shares of The Ensign Group in the first quarter valued at approximately $56,936,000. Voya Investment Management LLC grew its holdings in The Ensign Group by 1,546.6% during the first quarter. Voya Investment Management LLC now owns 273,489 shares of the company’s stock worth $35,389,000 after acquiring an additional 256,880 shares during the period. Wasatch Advisors LP raised its position in The Ensign Group by 6.0% in the second quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock worth $548,961,000 after acquiring an additional 199,983 shares in the last quarter. Finally, Hood River Capital Management LLC lifted its holdings in The Ensign Group by 61.4% in the second quarter. Hood River Capital Management LLC now owns 492,016 shares of the company’s stock valued at $75,898,000 after acquiring an additional 187,262 shares during the period. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $184.27, for a total value of $128,989.00. Following the transaction, the director directly owned 24,352 shares in the company, valued at approximately $4,487,343.04. This represents a 2.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daren Shaw sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $178.57, for a total transaction of $178,570.00. Following the sale, the director directly owned 24,126 shares in the company, valued at $4,308,179.82. This represents a 3.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 49,542 shares of company stock valued at $8,888,109. 3.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ENSG shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $206.00 price target (up previously from $177.00) on shares of The Ensign Group in a report on Friday, November 14th. Truist Financial increased their target price on shares of The Ensign Group from $190.00 to $200.00 and gave the company a “hold” rating in a report on Monday, November 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a research report on Wednesday, October 8th. UBS Group restated a “buy” rating and issued a $220.00 price target (up previously from $205.00) on shares of The Ensign Group in a report on Wednesday, November 5th. Finally, Stephens raised their price objective on The Ensign Group from $185.00 to $200.00 and gave the company an “overweight” rating in a research note 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’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $196.40.

The Ensign Group Stock Down 0.1%

Shares of NASDAQ ENSG opened at $176.44 on Friday. The firm’s 50-day moving average is $180.70 and its two-hundred day moving average is $167.87. The company has a market capitalization of $10.22 billion, a PE ratio of 31.56, a price-to-earnings-growth ratio of 2.00 and a beta of 0.85. The Ensign Group, Inc. has a 12-month low of $118.73 and a 12-month high of $193.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.46 and a quick ratio of 1.46.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Monday, November 3rd. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. The Ensign Group had a net margin of 6.80% and a return on equity of 16.77%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period last year, the company posted $1.39 EPS. The company’s revenue was up 19.8% on a year-over-year basis. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Equities analysts anticipate that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Increases Dividend

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

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.