Azzad Asset Management Inc. ADV Buys New Position in The Ensign Group, Inc. $ENSG

Azzad Asset Management Inc. ADV bought a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,138 shares of the company’s stock, valued at approximately $547,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in The Ensign Group by 14.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 129,756 shares of the company’s stock valued at $22,567,000 after buying an additional 16,853 shares during the last quarter. Cypress Wealth Services LLC acquired a new position in The Ensign Group during the fourth quarter valued at approximately $1,508,000. USA Financial Formulas acquired a new position in The Ensign Group during the fourth quarter valued at approximately $72,000. Exchange Traded Concepts LLC boosted its position in The Ensign Group by 21.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 5,641 shares of the company’s stock valued at $983,000 after purchasing an additional 1,001 shares during the last quarter. Finally, Ausbil Investment Management Ltd boosted its position in The Ensign Group by 95.2% during the fourth quarter. Ausbil Investment Management Ltd now owns 6,626 shares of the company’s stock valued at $1,154,000 after purchasing an additional 3,231 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on ENSG. Truist Financial set a $215.00 price target on The Ensign Group and gave the company a “hold” rating in a research report on Friday, February 6th. UBS Group set a $230.00 price target on The Ensign Group and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $222.00 price target (up from $206.00) on shares of The Ensign Group in a research report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $204.60.

The Ensign Group Stock Performance

ENSG opened at $204.79 on Thursday. The Ensign Group, Inc. has a 12-month low of $118.73 and a 12-month high of $218.00. The stock has a market cap of $11.86 billion, a price-to-earnings ratio of 35.07, a PEG ratio of 1.93 and a beta of 0.81. The business has a 50 day moving average of $203.17 and a 200-day moving average of $187.05. 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 Ensign Group (NASDAQ:ENSG) last released 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 analysts’ expectations of $1.37 billion. During the same period last year, the firm posted $1.49 earnings per share. The business’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. On average, equities research analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

The Ensign Group Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is 4.45%.

Insider Activity at The Ensign Group

In other news, CFO Suzanne D. Snapper sold 8,258 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $194.48, for a total transaction of $1,606,015.84. Following the transaction, the chief financial officer owned 277,462 shares in the company, valued at approximately $53,960,809.76. This trade represents a 2.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daren Shaw sold 1,000 shares of the 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 transaction, the director owned 23,726 shares in the company, valued at approximately $5,063,840.18. This trade represents a 4.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,073 shares of company stock valued at $3,349,532 in the last 90 days. Corporate insiders own 3.90% of the company’s stock.

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.