Insider Selling: The Ensign Group (NASDAQ:ENSG) Director Sells $137,655.00 in Stock

by · The Markets Daily

The Ensign Group, Inc. (NASDAQ:ENSGGet Free Report) Director Barry Smith sold 700 shares of The Ensign Group stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $196.65, for a total transaction of $137,655.00. Following the transaction, the director directly owned 22,152 shares of the company’s stock, valued at $4,356,190.80. The trade was a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

The Ensign Group Stock Up 2.2%

NASDAQ:ENSG opened at $204.79 on Thursday. The company has a market cap of $11.86 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 1.93 and a beta of 0.81. The Ensign Group, Inc. has a twelve month low of $118.73 and a twelve month high of $218.00. 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 stock has a fifty day simple moving average of $203.17 and a 200-day simple moving average of $187.05.

The Ensign Group (NASDAQ:ENSGGet Free Report) last issued its earnings results 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 firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.37 billion. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The business’s revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.49 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Analysts anticipate that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

The business 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. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 31st. The Ensign Group’s payout ratio is currently 4.45%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ENSG shares. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. UBS Group set a $230.00 target price on shares of The Ensign Group and gave the company a “buy” rating in a research note on Friday, February 6th. Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research note on Thursday, January 22nd. Finally, Truist Financial set a $215.00 price objective on The Ensign Group and gave the company a “hold” rating in a report on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $204.60.

Read Our Latest Stock Analysis on The Ensign Group

Institutional Trading of The Ensign Group

A number of hedge funds have recently added to or reduced their stakes in ENSG. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in The Ensign Group by 9.9% in 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 acquiring an additional 14,590 shares during the period. Geneos Wealth Management Inc. raised its holdings in The Ensign Group by 150.3% in the first quarter. Geneos Wealth Management Inc. now owns 383 shares of the company’s stock worth $50,000 after purchasing an additional 230 shares in the last quarter. Prudential Financial Inc. raised its holdings in The Ensign Group by 45.4% in the second quarter. Prudential Financial Inc. now owns 9,761 shares of the company’s stock worth $1,506,000 after purchasing an additional 3,049 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings 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 worth $35,000 after purchasing an additional 198 shares in the last quarter. Finally, Lido Advisors LLC raised its holdings in The Ensign Group by 4.6% in the second quarter. Lido Advisors LLC now owns 3,350 shares of the company’s stock worth $517,000 after purchasing an additional 148 shares in the last quarter. 96.12% of the stock is owned by hedge funds and other institutional investors.

About The Ensign Group

(Get 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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