Dockside LLC Buys Shares of 13,600 The Ensign Group, Inc. $ENSG

by · The Cerbat Gem

Dockside LLC bought a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 13,600 shares of the company’s stock, valued at approximately $2,180,000.

A number of other hedge funds have also made changes to their positions in the stock. Parkside Financial Bank & Trust grew its stake in shares of The Ensign Group by 2.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock worth $348,000 after acquiring an additional 57 shares during the last quarter. Csenge Advisory Group raised its stake in The Ensign Group by 3.7% during the 4th quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock valued at $286,000 after purchasing an additional 58 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in The Ensign Group by 0.4% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,451 shares of the company’s stock valued at $2,912,000 after purchasing an additional 58 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in The Ensign Group by 55.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after purchasing an additional 61 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in The Ensign Group by 2.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock valued at $381,000 after purchasing an additional 62 shares during the period. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insider Transactions at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 21,352 shares in the company, valued at approximately $3,507,706.56. This represents a 3.17% decrease in their position. The transaction was disclosed in a document filed 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 business’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the sale, the director directly owned 9,503 shares in the company, valued at approximately $1,625,583.18. This represents a 3.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by company insiders.

The Ensign Group Stock Down 0.1%

ENSG opened at $181.65 on Friday. The company has a market capitalization of $10.59 billion, a P/E ratio of 28.47, a P/E/G ratio of 1.75 and a beta of 0.68. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21. The firm’s fifty day moving average price is $168.19 and its two-hundred day moving average price is $184.13. The Ensign Group, Inc. has a fifty-two week low of $141.58 and a fifty-two week high of $218.00.

The Ensign Group (NASDAQ:ENSG – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.12. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The business’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, analysts anticipate that The Ensign Group, Inc. will post 6.93 EPS for the current year.

The Ensign Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 30th. The Ensign Group’s dividend payout ratio is 4.08%.

Analysts Set New Price Targets

ENSG has been the topic of several research reports. Truist Financial boosted their price objective on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $228.00 target price on shares of The Ensign Group in a research report on Tuesday, July 28th. Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th. Finally, Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and an average target price of $216.25.

View Our Latest Stock Report on The Ensign Group

About The Ensign Group

(Free Report)

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.

Further Reading