Cypress Wealth Services LLC Makes New $1.51 Million Investment in The Ensign Group, Inc. $ENSG

Cypress Wealth Services LLC bought a new stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 8,658 shares of the company’s stock, valued at approximately $1,508,000.

Other hedge funds also recently modified their holdings of the company. Baillie Gifford & Co. grew its holdings in shares of The Ensign Group by 96.2% during the third quarter. Baillie Gifford & Co. now owns 2,818,609 shares of the company’s stock valued at $486,971,000 after buying an additional 1,382,035 shares in the last quarter. Norges Bank purchased a new stake in The Ensign Group in the 2nd quarter worth about $105,400,000. Turtle Creek Asset Management Inc. acquired a new stake in The Ensign Group during the 3rd quarter worth about $78,840,000. Victory Capital Management Inc. boosted its position in The Ensign Group by 195.4% during the 3rd quarter. Victory Capital Management Inc. now owns 513,328 shares of the company’s stock worth $88,688,000 after acquiring an additional 339,534 shares during the period. Finally, Wasatch Advisors LP grew its stake in 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 acquiring an additional 199,983 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Analyst Ratings Changes

ENSG has been the subject of a number of research analyst reports. UBS Group set a $230.00 price target on shares of The Ensign Group and gave the stock a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Truist Financial set a $215.00 target price on shares of The Ensign Group and gave the stock a “hold” rating in a research report on Friday, February 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $222.00 target price (up from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $204.60.

Insider Buying and Selling at The Ensign Group

In related news, Director John O. Agwunobi sold 246 shares of the company’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $179.82, for a total value of $44,235.72. Following the completion of the sale, the director directly owned 9,233 shares in the company, valued at approximately $1,660,278.06. This represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Barry M. Smith sold 700 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $171.54, for a total transaction of $120,078.00. Following the transaction, the director directly owned 23,552 shares in the company, valued at $4,040,110.08. The trade was a 2.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 17,073 shares of company stock worth $3,333,390 in the last ninety days. Company insiders own 3.90% of the company’s stock.

The Ensign Group Stock Down 0.7%

ENSG opened at $200.66 on Friday. The company has a market capitalization of $11.62 billion, a PE ratio of 34.36, a price-to-earnings-growth ratio of 1.97 and a beta of 0.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $218.00. The business has a 50-day moving average of $199.37 and a 200-day moving average of $185.18.

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

The Ensign Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.065 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio is 4.45%.

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.