Azzad Asset Management Inc. ADV Increases Position in The Ensign Group, Inc. $ENSG

Azzad Asset Management Inc. ADV lifted its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 204.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,560 shares of the company’s stock after acquiring an additional 6,422 shares during the period. Azzad Asset Management Inc. ADV’s holdings in The Ensign Group were worth $1,926,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund boosted its position in The Ensign Group by 2.8% during the first quarter. Oregon Public Employees Retirement Fund now owns 11,831 shares of the company’s stock valued at $2,384,000 after purchasing an additional 327 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in The Ensign Group by 8.0% in the first quarter. Axxcess Wealth Management LLC now owns 2,199 shares of the company’s stock worth $443,000 after purchasing an additional 163 shares in the last quarter. Burney Co. purchased a new stake in shares of The Ensign Group during the first quarter valued at about $223,000. Abel Hall LLC lifted its position in shares of The Ensign Group by 9.2% during the first quarter. Abel Hall LLC now owns 1,710 shares of the company’s stock valued at $345,000 after buying an additional 144 shares during the last quarter. Finally, LVZ Inc. boosted its holdings in shares of The Ensign Group by 2.7% in the 1st quarter. LVZ Inc. now owns 3,581 shares of the company’s stock valued at $722,000 after buying an additional 93 shares in the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

The Ensign Group Price Performance

Shares of ENSG stock opened at $168.59 on Friday. The Ensign Group, Inc. has a fifty-two week low of $134.79 and a fifty-two week high of $218.00. The firm has a market capitalization of $9.85 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 1.65 and a beta of 0.69. 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 stock’s 50-day simple moving average is $166.61 and its 200-day simple moving average is $184.30.

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

The Ensign Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is currently 4.23%.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In related news, Director John O. Agwunobi sold 392 shares of the company’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 transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the transaction, the director owned 21,352 shares of the company’s stock, valued at $3,507,706.56. This trade represents a 3.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,892 shares of company stock valued at $340,591. Corporate insiders own 4.00% of the company’s stock.

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.