Huntleigh Advisors Inc. Purchases 244 Shares of The Ensign Group, Inc. $ENSG

Huntleigh Advisors Inc. grew its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 5.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 4,568 shares of the company’s stock after acquiring an additional 244 shares during the period. Huntleigh Advisors Inc.’s holdings in The Ensign Group were worth $705,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp boosted its position in shares of The Ensign Group by 0.4% during the first quarter. Northern Trust Corp now owns 941,274 shares of the company’s stock valued at $121,801,000 after purchasing an additional 3,344 shares in the last quarter. Van Berkom & Associates Inc. lifted its position in The Ensign Group by 14.1% during the first quarter. Van Berkom & Associates Inc. now owns 800,108 shares of the company’s stock valued at $103,534,000 after buying an additional 99,147 shares during the period. Wellington Management Group LLP boosted its holdings in shares of The Ensign Group by 17.6% during the 1st quarter. Wellington Management Group LLP now owns 683,650 shares of the company’s stock valued at $88,464,000 after buying an additional 102,089 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of The Ensign Group by 1,235.5% during the 1st quarter. American Century Companies Inc. now owns 468,575 shares of the company’s stock valued at $60,634,000 after buying an additional 433,489 shares in the last quarter. Finally, Crow s Nest Holdings LP purchased a new stake in shares of The Ensign Group in the 1st quarter worth about $56,936,000. Institutional investors own 96.12% of the company’s stock.

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $172.06, for a total value of $120,442.00. Following the completion of the transaction, the director owned 27,052 shares in the company, valued at $4,654,567.12. The trade was a 2.52% 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. Insiders own 3.90% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on ENSG. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Stephens raised their target price on shares of The Ensign Group from $165.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. UBS Group lifted their target price on shares of The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Finally, Truist Financial set a $190.00 price target on The Ensign Group in a research report on Tuesday. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, The Ensign Group has an average rating of “Moderate Buy” and an average target price of $176.83.

The Ensign Group Stock Up 1.4%

NASDAQ:ENSG opened at $182.04 on Friday. The firm has a market cap of $10.50 billion, a P/E ratio of 33.04, a P/E/G ratio of 2.06 and a beta of 0.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 1.41. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $182.29. The firm has a 50-day simple moving average of $171.01 and a two-hundred day simple moving average of $152.25.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Thursday, July 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.05. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm posted $1.32 earnings per share. The business’s revenue was up 18.5% on a year-over-year basis. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. Analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Tuesday, September 30th. The Ensign Group’s dividend payout ratio (DPR) is currently 4.54%.

The Ensign Group Company Profile

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.