ProShare Advisors LLC Has $51.68 Million Holdings in The Ensign Group, Inc. $ENSG

ProShare Advisors LLC trimmed its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 5.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 299,134 shares of the company’s stock after selling 18,375 shares during the period. ProShare Advisors LLC owned approximately 0.52% of The Ensign Group worth $51,681,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ENSG. CWM LLC boosted its position in The Ensign Group by 8.4% in the 3rd quarter. CWM LLC now owns 732 shares of the company’s stock valued at $126,000 after buying an additional 57 shares during the last quarter. UMB Bank n.a. boosted its holdings in The Ensign Group by 7.3% in the third quarter. UMB Bank n.a. now owns 911 shares of the company’s stock valued at $157,000 after acquiring an additional 62 shares during the last quarter. First Horizon Advisors Inc. increased its position in The Ensign Group by 6.4% in the second quarter. First Horizon Advisors Inc. now owns 1,193 shares of the company’s stock worth $184,000 after purchasing an additional 72 shares during the period. HB Wealth Management LLC raised its holdings in The Ensign Group by 4.1% during the 3rd quarter. HB Wealth Management LLC now owns 1,810 shares of the company’s stock worth $313,000 after purchasing an additional 72 shares during the last quarter. Finally, Campbell Newman Asset Management Inc. lifted its position in The Ensign Group by 0.4% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 19,480 shares of the company’s stock valued at $3,366,000 after purchasing an additional 79 shares during the period. 96.12% of the stock is owned by institutional investors.

Insider Activity

In other The Ensign Group news, CFO Suzanne D. Snapper sold 8,258 shares of The Ensign Group stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $194.48, for a total value of $1,606,015.84. Following the sale, the chief financial officer owned 277,462 shares of the company’s stock, valued at $53,960,809.76. This trade represents a 2.89% decrease in their position. 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 company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $175.48, for a total value of $1,474,032.00. Following the transaction, the vice president directly owned 32,779 shares of the company’s stock, valued at $5,752,058.92. This represents a 20.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 63,246 shares of company stock worth $11,536,394. 3.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ENSG. UBS Group set a $230.00 price objective on shares of The Ensign Group and gave the company a “buy” rating in a research note on Friday. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday. Stephens upped their price objective on The Ensign Group from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a report on Thursday, January 22nd. Finally, Truist Financial set a $215.00 price target on The Ensign Group and gave the company a “hold” rating in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $204.60.

The Ensign Group Trading Up 0.8%

NASDAQ:ENSG opened at $199.29 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42. The business’s 50-day simple moving average is $177.68 and its 200-day simple moving average is $174.63. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $202.78. The stock has a market capitalization of $11.54 billion, a PE ratio of 34.13, a price-to-earnings-growth ratio of 2.05 and a beta of 0.88.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Wednesday, February 4th. The company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.75 by $0.07. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same period last year, the company posted $1.49 EPS. The business’s quarterly revenue was up 20.2% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Sell-side analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Wednesday, December 31st were paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, December 31st. This is a boost from The Ensign Group’s previous quarterly dividend of $0.06. The Ensign Group’s dividend payout ratio (DPR) is currently 4.45%.

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.