The Ensign Group (NASDAQ:ENSG) Director Mark Vincent Parkinson Sells 100 Shares of Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director Mark Vincent Parkinson sold 100 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $196.60, for a total transaction of $19,660.00. Following the sale, the director owned 3,400 shares of the company’s stock, valued at $668,440. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mark Vincent Parkinson also recently made the following trade(s):

• On Monday, February 9th, Mark Vincent Parkinson sold 100 shares of The Ensign Group stock. The shares were sold at an average price of $198.00, for a total transaction of $19,800.00.

The Ensign Group Price Performance

Shares of NASDAQ:ENSG opened at $200.11 on Friday. 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 1-year low of $118.73 and a 1-year high of $218.00. The company has a market capitalization of $11.59 billion, a P/E ratio of 34.27, a P/E/G ratio of 1.94 and a beta of 0.81. The firm’s 50 day simple moving average is $205.95 and its two-hundred day simple moving average is $188.37.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly 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 net margin of 6.80% and a return on equity of 16.76%. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the firm earned $1.49 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

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

Institutional Trading of The Ensign Group

A number of large investors have recently made changes to their positions in the business. SG Americas Securities LLC lifted its holdings in The Ensign Group by 378.6% during the 3rd quarter. SG Americas Securities LLC now owns 22,346 shares of the company’s stock valued at $3,861,000 after buying an additional 17,677 shares in the last quarter. Baillie Gifford & Co. lifted its holdings in The Ensign Group by 96.2% during the 3rd 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. Equitable Trust Co. lifted its holdings in The Ensign Group by 260.5% during the 3rd quarter. Equitable Trust Co. now owns 29,026 shares of the company’s stock valued at $5,015,000 after buying an additional 20,975 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in The Ensign Group during the 3rd quarter valued at about $6,157,000. Finally, Citigroup Inc. lifted its holdings in The Ensign Group by 16.6% during the 3rd quarter. Citigroup Inc. now owns 56,612 shares of the company’s stock valued at $9,781,000 after buying an additional 8,056 shares in the last quarter. 96.12% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. UBS Group set a $230.00 target price on shares of The Ensign Group and gave the stock a “buy” rating in a research report on Friday, February 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a report on Thursday, January 22nd. Zacks Research lowered The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Truist Financial set a $215.00 price target on The Ensign Group and gave the company a “hold” rating in a report on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $204.60.

About The Ensign Group

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.