BI Asset Management Fondsmaeglerselskab A S Invests $1.16 Million in The Ensign Group, Inc. $ENSG

BI Asset Management Fondsmaeglerselskab A S acquired a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 6,650 shares of the company’s stock, valued at approximately $1,158,000.

A number of other hedge funds have also bought and sold shares of ENSG. Baillie Gifford & Co. lifted its holdings in The Ensign Group by 62.1% in the fourth quarter. Baillie Gifford & Co. now owns 4,569,254 shares of the company’s stock valued at $795,964,000 after buying an additional 1,750,645 shares during the period. Wasatch Advisors LP boosted its position in shares of The Ensign Group by 6.0% during the 2nd quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock valued at $548,961,000 after purchasing an additional 199,983 shares in the last quarter. Capital Research Global Investors boosted its position in shares of The Ensign Group by 7.2% during the 3rd quarter. Capital Research Global Investors now owns 2,016,101 shares of the company’s stock valued at $348,322,000 after purchasing an additional 136,260 shares in the last quarter. Geode Capital Management LLC grew its stake in The Ensign Group by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company’s stock worth $261,107,000 after purchasing an additional 49,117 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in The Ensign Group by 0.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,085,380 shares of the company’s stock worth $187,516,000 after purchasing an additional 8,272 shares in the last quarter. Institutional investors own 96.12% of the company’s stock.

Insider Buying and Selling at The Ensign Group

In other The Ensign Group news, 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 transaction of $78,388.24. Following the transaction, the director directly owned 9,295 shares in the company, valued at approximately $1,858,721.15. This trade represents a 4.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the transaction, the director directly owned 21,352 shares in the company, valued at $3,507,706.56. This represents a 3.17% 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 quarter. 4.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on ENSG shares. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research note on Tuesday, April 21st. Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research downgraded shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of The Ensign Group in a research note on Tuesday. Four equities research 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 stock has an average rating of “Moderate Buy” and an average target price of $216.75.

Key Headlines Impacting The Ensign Group

Here are the key news stories impacting The Ensign Group this week:

• Negative Sentiment: Hunterbrook’s short report alleged systemic neglect, dangerous understaffing, and improper billing at Ensign’s facilities, raising reputational and regulatory risks that can weigh on the stock. Ensign Group Stock Dives After Hunterbrook Alleges Deliberate Understaffing Scheme At Nursing Home Chain
• Negative Sentiment: Several firms, including Levi & Korsinsky, Ademi LLP, Block & Leviton, Rosen Law Firm, and the Law Offices of Frank R. Cruz, announced investigations into possible securities fraud and misleading statements, which adds legal overhang. The Ensign Group Investigation Initiated: Levi & Korsinsky Investigates the Officers and Directors of The Ensign Group (ENSG)
• Negative Sentiment: Additional shareholder-alert headlines may keep sentiment weak as investors assess the risk of class-action litigation and possible disclosure issues. Securities Fraud Investigation Into The Ensign Group, Inc. (ENSG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
• Neutral Sentiment: Short-interest data reported by the market feed appears abnormal/near zero, so it does not currently add a clear new signal for trading direction.

The Ensign Group Trading Down 0.7%

ENSG opened at $155.25 on Wednesday. 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 $9.07 billion, a PE ratio of 25.29, a P/E/G ratio of 1.54 and a beta of 0.68. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.56 and a quick ratio of 1.56. The company’s 50-day moving average is $183.00 and its 200 day moving average is $187.45.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The company’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 EPS. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. As a group, research analysts predict that The Ensign Group, Inc. will post 6.79 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.2%. The Ensign Group’s payout ratio is presently 4.23%.

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.