CenterBook Partners LP Acquires New Position in The Ensign Group, Inc. $ENSG

CenterBook Partners LP purchased a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 4,302 shares of the company’s stock, valued at approximately $743,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ENSG. Steward Partners Investment Advisory LLC increased its stake in The Ensign Group by 638.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company’s stock valued at $35,000 after purchasing an additional 198 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of The Ensign Group during the 3rd quarter valued at about $35,000. MAI Capital Management lifted its holdings in shares of The Ensign Group by 1,009.5% during the 2nd quarter. MAI Capital Management now owns 233 shares of the company’s stock worth $36,000 after acquiring an additional 212 shares during the period. Hantz Financial Services Inc. boosted its position in shares of The Ensign Group by 1,128.6% in the second quarter. Hantz Financial Services Inc. now owns 258 shares of the company’s stock worth $40,000 after acquiring an additional 237 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in shares of The Ensign Group by 872.4% in the second quarter. SBI Securities Co. Ltd. now owns 282 shares of the company’s stock worth $44,000 after acquiring an additional 253 shares during the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Price Performance

ENSG opened at $210.64 on Friday. The Ensign Group, Inc. has a twelve month low of $118.73 and a twelve month high of $216.92. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 36.07, a PEG ratio of 2.20 and a beta of 0.88. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $183.79 and a 200 day simple moving average of $178.17.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share for the quarter, beating the consensus estimate 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 last year, the firm earned $1.49 earnings per share. The company’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. Equities research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Increases Dividend

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

Insider Transactions at The Ensign Group

In other The Ensign Group news, CFO Suzanne D. Snapper sold 4,573 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $196.11, for a total transaction of $896,811.03. Following the completion of the transaction, the chief financial officer directly owned 272,889 shares of the company’s stock, valued at $53,516,261.79. This trade represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John O. Agwunobi sold 146 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $178.31, for a total transaction of $26,033.26. Following the completion of the sale, the director owned 9,087 shares in the company, valued at approximately $1,620,302.97. This trade represents a 1.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 27,473 shares of company stock valued at $5,147,297 over the last ninety days. 3.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Truist Financial set a $215.00 price target on shares of The Ensign Group and gave the stock a “hold” rating in a research note on Friday, February 6th. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $222.00 target price (up previously from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Stephens upped their price target on The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, The Ensign Group currently has an average rating of “Moderate Buy” and an average target price of $204.60.

The Ensign Group Company 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.