American Century Companies Inc. Decreases Stake in The Ensign Group, Inc. $ENSG

American Century Companies Inc. lowered its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 11.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 545,130 shares of the company’s stock after selling 69,747 shares during the period. American Century Companies Inc. owned about 0.94% of The Ensign Group worth $94,183,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ENSG. Steward Partners Investment Advisory LLC raised its holdings in The Ensign Group by 638.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company’s stock worth $35,000 after purchasing an additional 198 shares in the last quarter. Root Financial Partners LLC bought a new position in The Ensign Group in the third quarter worth about $35,000. MAI Capital Management raised its stake in The Ensign Group by 1,009.5% in the second quarter. MAI Capital Management now owns 233 shares of the company’s stock worth $36,000 after buying an additional 212 shares in the last quarter. Caitlin John LLC purchased a new stake in The Ensign Group in the third quarter worth about $39,000. Finally, Hantz Financial Services Inc. boosted its position in The Ensign Group by 1,128.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 258 shares of the company’s stock valued at $40,000 after acquiring an additional 237 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Trading Down 1.3%

The Ensign Group stock opened at $213.13 on Wednesday. The Ensign Group, Inc. has a 52-week low of $118.73 and a 52-week high of $218.00. The company has a market cap of $12.34 billion, a P/E ratio of 36.49, a P/E/G ratio of 2.12 and a beta of 0.83. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The business has a 50-day simple moving average of $188.82 and a two-hundred day simple moving average of $180.80.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. The Ensign Group had a return on equity of 16.76% and a net margin of 6.80%.The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the previous year, the company posted $1.49 EPS. The firm’s revenue was up 20.2% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Wednesday, December 31st were paid a dividend of $0.065 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.06. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s payout ratio is currently 4.45%.

Wall Street Analysts Forecast Growth

ENSG has been the topic of several research reports. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a report on Thursday, January 22nd. Stephens upped their target price on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. UBS Group set a $230.00 price target on shares of The Ensign Group and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Truist Financial set a $215.00 price objective on shares of The Ensign Group and gave the stock a “hold” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, The Ensign Group currently has an average rating of “Buy” and an average target price of $204.60.

Insider Activity

In other news, Director John O. Agwunobi sold 146 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $178.31, for a total transaction of $26,033.26. Following the transaction, the director owned 9,087 shares of the company’s stock, valued at approximately $1,620,302.97. The trade was a 1.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Daren Shaw sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $213.43, for a total value of $213,430.00. Following the sale, the director directly owned 23,726 shares of the company’s stock, valued at $5,063,840.18. This represents a 4.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 27,473 shares of company stock worth $5,167,422. 3.90% of the stock is owned by insiders.

The Ensign Group 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.