Arrowstreet Capital Limited Partnership Acquires 30,521 Shares of The Ensign Group, Inc. $ENSG

Arrowstreet Capital Limited Partnership grew its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 7.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 457,667 shares of the company’s stock after buying an additional 30,521 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in The Ensign Group were worth $92,220,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp boosted its stake in The Ensign Group by 52.5% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 54,336 shares of the company’s stock valued at $9,465,000 after purchasing an additional 18,699 shares during the last quarter. Cypress Wealth Services LLC bought a new stake in The Ensign Group during the 4th quarter worth approximately $1,508,000. SG Americas Securities LLC increased its holdings in The Ensign Group by 70.2% during the 4th quarter. SG Americas Securities LLC now owns 38,029 shares of the company’s stock worth $6,625,000 after purchasing an additional 15,683 shares in the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of The Ensign Group by 8.4% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 163,131 shares of the company’s stock worth $28,417,000 after purchasing an additional 12,602 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of The Ensign Group by 14.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 129,756 shares of the company’s stock worth $22,567,000 after purchasing an additional 16,853 shares during the last quarter. 96.12% of the stock is owned by institutional investors.

The Ensign Group Stock Performance

ENSG stock opened at $172.99 on Friday. 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 firm has a market cap of $10.11 billion, a PE ratio of 28.17, a P/E/G ratio of 1.69 and a beta of 0.69. The business has a 50 day moving average of $165.30 and a 200-day moving average of $183.85. The Ensign Group, Inc. has a 12-month low of $141.58 and a 12-month high of $218.00.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company posted $1.52 earnings per share. The Ensign Group’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. As a group, sell-side analysts expect that The Ensign Group, Inc. will post 6.82 earnings per share for the current year.

The Ensign Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 30th. The Ensign Group’s payout ratio is presently 4.23%.

Analyst Ratings Changes

Several research analysts recently issued reports on ENSG shares. Weiss Ratings cut The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Royal Bank Of Canada reissued an “outperform” rating on shares of The Ensign Group in a research report on Tuesday, June 9th. Truist Financial dropped their price objective on The Ensign Group from $215.00 to $202.00 and set a “hold” rating on the stock in a research note on Tuesday, July 14th. Zacks Research downgraded shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, The Ensign Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.50.

Insider Activity at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the transaction, the director directly owned 21,352 shares of the company’s stock, valued at approximately $3,507,706.56. The trade was a 3.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by insiders.

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.