Owls Nest Partners IA LLC Has $52.31 Million Stake in The Ensign Group, Inc. $ENSG

by · The Cerbat Gem

Owls Nest Partners IA LLC cut its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) by 26.0% during the 4th quarter, Holdings Channel reports. The firm owned 300,296 shares of the company’s stock after selling 105,766 shares during the quarter. The Ensign Group comprises 14.5% of Owls Nest Partners IA LLC’s portfolio, making the stock its 2nd biggest holding. Owls Nest Partners IA LLC’s holdings in The Ensign Group were worth $52,312,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of ENSG. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in The Ensign Group by 9.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,946 shares of the company’s stock worth $20,956,000 after buying an additional 14,590 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of The Ensign Group by 150.3% in the first quarter. Geneos Wealth Management Inc. now owns 383 shares of the company’s stock valued at $50,000 after buying an additional 230 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of The Ensign Group by 65.9% in the second quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock valued at $83,000 after buying an additional 213 shares during the last quarter. Amundi boosted its stake in shares of The Ensign Group by 480,216.7% during the 2nd quarter. Amundi now owns 57,638 shares of the company’s stock worth $8,583,000 after acquiring an additional 57,626 shares during the period. Finally, Brown Advisory Inc. increased its holdings in shares of The Ensign Group by 26.1% during the 2nd quarter. Brown Advisory Inc. now owns 2,037 shares of the company’s stock worth $314,000 after acquiring an additional 421 shares during the last quarter. 96.12% of the stock is owned by institutional investors.

Key Headlines Impacting The Ensign Group

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

  • Positive Sentiment: No meaningful positive company-specific catalyst was reported in the latest news flow.
  • Neutral Sentiment: Multiple law firms announced or continued investigations into possible securities-law violations and are urging investors who lost money in ENSG to contact them about potential claims. Article Title
  • Neutral Sentiment: Another shareholder law firm said it is investigating ENSG after allegations that the company may have issued materially misleading business information. Article Title
  • Negative Sentiment: A report attributed to Muddy Waters raised compliance concerns, and the stock dropped sharply on the news, with allegations that Ensign may have gamed CMS quality ratings and engaged in improper billing practices. Article Title

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research note on Sunday. Zacks Research cut shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of The Ensign Group in a report on Tuesday, June 9th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research note on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $216.75.

Get Our Latest Analysis on The Ensign Group

The Ensign Group Price Performance

ENSG stock opened at $149.37 on Monday. The Ensign Group, Inc. has a fifty-two week low of $134.79 and a fifty-two week high of $218.00. 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 stock has a market capitalization of $8.73 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 1.46 and a beta of 0.68. The business’s fifty day moving average price is $179.92 and its two-hundred day moving average price is $186.74.

The Ensign Group (NASDAQ:ENSG – Get Free Report) last announced its 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 Ensign Group had a net margin of 6.89% and a return on equity of 16.78%. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the previous year, the business posted $1.52 earnings per share. The Ensign Group’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. On average, equities analysts anticipate that The Ensign Group, Inc. will post 6.82 earnings per share for the current year.

The Ensign Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were issued a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The Ensign Group’s payout ratio is currently 4.23%.

Insider Buying and Selling

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $196.65, for a total transaction of $137,655.00. Following the transaction, the director owned 22,152 shares in the company, valued at $4,356,190.80. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the firm’s stock in a transaction that occurred 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 $1,858,721.15. This represents a 4.05% 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. In the last 90 days, insiders have sold 2,592 shares of company stock worth $478,246. Company insiders own 4.00% of the company’s stock.

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.

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