ABN AMRO Bank N.V. Decreases Stake in The Ensign Group, Inc. $ENSG

ABN AMRO Bank N.V. cut its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 55.0% during the first quarter, HoldingsChannel.com reports. The fund owned 5,858 shares of the company’s stock after selling 7,161 shares during the period. ABN AMRO Bank N.V.’s holdings in The Ensign Group were worth $1,187,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Louisiana State Employees Retirement System acquired a new stake in shares of The Ensign Group in the first quarter valued at approximately $3,365,000. Kestra Private Wealth Services LLC raised its stake in The Ensign Group by 4.1% during the first quarter. Kestra Private Wealth Services LLC now owns 2,099 shares of the company’s stock worth $423,000 after purchasing an additional 83 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in The Ensign Group by 40.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,701 shares of the company’s stock valued at $544,000 after purchasing an additional 780 shares during the last quarter. Campbell Newman Asset Management Inc. grew its stake in shares of The Ensign Group by 1.7% in the 1st quarter. Campbell Newman Asset Management Inc. now owns 19,085 shares of the company’s stock valued at $3,846,000 after buying an additional 317 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of The Ensign Group by 3.2% in the 1st quarter. SG Americas Securities LLC now owns 39,263 shares of the company’s stock valued at $7,911,000 after buying an additional 1,234 shares during the period. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $196.65, for a total value of $137,655.00. Following the completion of the transaction, the director directly owned 22,152 shares of the company’s stock, valued at $4,356,190.80. The trade was a 3.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $199.97, for a total transaction of $78,388.24. Following the sale, the director owned 9,295 shares in the company, valued at $1,858,721.15. This trade represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,592 shares of company stock valued at $478,246 over the last 90 days. 4.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ENSG shares. Royal Bank Of Canada restated an “outperform” rating on shares of The Ensign Group in a report on Tuesday, June 9th. Zacks Research lowered The Ensign Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research note on Sunday, June 14th. Finally, Weiss Ratings downgraded The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, The Ensign Group has a consensus rating of “Moderate Buy” and an average price target of $216.75.

The Ensign Group Price Performance

Shares of NASDAQ ENSG opened at $163.05 on Monday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $171.64 and its two-hundred day moving average is $185.03. The Ensign Group, Inc. has a 52-week low of $134.79 and a 52-week high of $218.00. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 1.59 and a beta of 0.68.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.79 by $0.06. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the business posted $1.52 earnings per share. The company’s quarterly revenue was up 18.4% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. Research analysts predict that The Ensign Group, Inc. will post 6.82 EPS for the current year.

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be 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 is Tuesday, June 30th. The Ensign Group’s dividend payout ratio (DPR) is 4.23%.

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.