Bank of New York Mellon Corp decreased its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 501,983 shares of the company’s stock after selling 33,548 shares during the period. Bank of New York Mellon Corp’s holdings in The Ensign Group were worth $87,445,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of ENSG. Private Trust Co. NA raised its holdings in The Ensign Group by 156.5% during the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after buying an additional 97 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after buying an additional 61 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of The Ensign Group by 125.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of The Ensign Group by 76.9% in the third quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock valued at $36,000 after purchasing an additional 90 shares during the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of The Ensign Group in the third quarter valued at about $39,000. Institutional investors and hedge funds own 96.12% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $222.00 target price (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Zacks Research downgraded shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Wall Street Zen downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $216.75.
The Ensign Group Stock Performance
NASDAQ ENSG opened at $156.42 on Tuesday. The Ensign Group, Inc. has a 52-week low of $134.79 and a 52-week high of $218.00. The company has a 50-day simple moving average of $183.90 and a 200 day simple moving average of $187.62. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $9.14 billion, a PE ratio of 25.48, a price-to-earnings-growth ratio of 1.67 and a beta of 0.68.
The Ensign Group (NASDAQ:ENSG – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.06. The Ensign Group had a net margin of 6.89% and a return on equity of 16.78%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the company posted $1.52 earnings per share. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. On average, research analysts predict that The Ensign Group, Inc. will post 6.79 EPS for the current year.
The Ensign Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is 4.23%.
More The Ensign Group News
Here are the key news stories impacting The Ensign Group this week:
- Positive Sentiment: Ensign’s recent operating history had been solid, with the company previously reporting higher revenue and EPS growth and raising full-year guidance, which suggests the selloff is being driven more by new allegations than by a deterioration in fundamentals.
- Neutral Sentiment: Valuation-focused coverage also appeared, with one article reviewing Ensign’s value after new skilled nursing and memory care acquisitions, but this appears secondary to the market’s reaction to the short report.
- Negative Sentiment: Hunterbrook Media published a short report alleging understaffing, poor care quality, and questionable reporting practices in Ensign’s skilled nursing operations, raising reputational and regulatory-risk concerns. Article Title
- Negative Sentiment: Multiple law firms, including Rosen Law Firm, Frank R. Cruz, and Block & Leviton, announced securities-fraud and class-action investigations tied to the Hunterbrook allegations, which adds legal overhang and can pressure the stock further. Article Title
- Negative Sentiment: Broker and market commentary indicates investors are de-risking the name amid the allegations, and the stock has declined sharply on unusually heavy trading volume.
Insider Transactions at The Ensign Group
In related news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the completion of the sale, the director owned 21,352 shares in the company, valued at approximately $3,507,706.56. This trade represents a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $199.97, for a total value of $78,388.24. Following the completion of the sale, the director directly owned 9,295 shares of the company’s stock, valued at $1,858,721.15. This represents a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,592 shares of company stock valued at $478,246 in the last 90 days. 4.00% of the stock is currently owned by corporate insiders.
About The Ensign Group
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.
Featured Articles
- Five stocks we like better than The Ensign Group
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding ENSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Ensign Group, Inc. (NASDAQ:ENSG – Free Report).
Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.
