CenterBook Partners LP Acquires New Position in The Ensign Group, Inc. $ENSG

CenterBook Partners LP bought a new position in The Ensign Group, Inc. (NASDAQ:ENSG) during the third quarter, Holdings Channel reports. The institutional investor bought 4,302 shares of the company’s stock, valued at approximately $743,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. CWM LLC raised its position in shares of The Ensign Group by 8.4% during the 3rd quarter. CWM LLC now owns 732 shares of the company’s stock worth $126,000 after purchasing an additional 57 shares during the period. Profund Advisors LLC lifted its stake in The Ensign Group by 2.5% in the third quarter. Profund Advisors LLC now owns 2,378 shares of the company’s stock valued at $411,000 after buying an additional 59 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of The Ensign Group by 7.3% during 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 period. First Horizon Advisors Inc. boosted its holdings in shares of The Ensign Group by 6.4% during the second quarter. First Horizon Advisors Inc. now owns 1,193 shares of the company’s stock valued at $184,000 after acquiring an additional 72 shares during the period. Finally, HB Wealth Management LLC increased its holdings in shares of The Ensign Group by 4.1% in the 3rd quarter. HB Wealth Management LLC now owns 1,810 shares of the company’s stock worth $313,000 after acquiring an additional 72 shares during the period. 96.12% of the stock is currently owned by institutional investors and hedge funds.

The Ensign Group Trading Up 2.9%

Shares of The Ensign Group stock opened at $210.64 on Friday. The business has a fifty day simple moving average of $183.79 and a 200-day simple moving average of $178.17. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $216.92. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 36.07, a price-to-earnings-growth ratio of 2.20 and a beta of 0.88. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the prior year, the company earned $1.49 EPS. The Ensign Group’s 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. On average, equities analysts forecast that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Wednesday, December 31st were issued 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 of this dividend was Wednesday, December 31st. The Ensign Group’s dividend payout ratio is currently 4.45%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ENSG. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research note on Thursday, January 22nd. UBS Group set a $230.00 price objective on The Ensign Group and gave the stock a “buy” rating in a research report on Friday, February 6th. Stephens increased their price objective on The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $222.00 target price (up previously from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th. Finally, Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and a consensus price target of $204.60.

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $171.54, for a total transaction of $120,078.00. Following the completion of the sale, the director directly owned 23,552 shares of the company’s stock, valued at $4,040,110.08. This trade represents a 2.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Beverly B. Wittekind sold 500 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $210.23, for a total value of $105,115.00. Following the sale, the vice president directly owned 32,779 shares in the company, valued at $6,891,129.17. This trade represents a 1.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 27,473 shares of company stock worth $5,147,297. 3.90% of the stock is 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.