Penserra Capital Management LLC Acquires Shares of 1,500 The Ensign Group, Inc. $ENSG

Penserra Capital Management LLC acquired a new position in The Ensign Group, Inc. (NASDAQ:ENSG) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,500 shares of the company’s stock, valued at approximately $231,000.

Several other institutional investors have also recently made changes to their positions in ENSG. First Horizon Advisors Inc. boosted its holdings in The Ensign Group by 6.4% in the second quarter. First Horizon Advisors Inc. now owns 1,193 shares of the company’s stock valued at $184,000 after purchasing an additional 72 shares during the last quarter. State of Wyoming lifted its holdings in shares of The Ensign Group by 4.5% in the 1st quarter. State of Wyoming now owns 1,967 shares of the company’s stock valued at $255,000 after buying an additional 85 shares during the period. Wealth Alliance LLC boosted its stake in shares of The Ensign Group by 4.6% in the first quarter. Wealth Alliance LLC now owns 1,971 shares of the company’s stock worth $255,000 after buying an additional 86 shares during the last quarter. CWM LLC grew its holdings in The Ensign Group by 17.9% during the first quarter. CWM LLC now owns 585 shares of the company’s stock worth $76,000 after acquiring an additional 89 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its position in The Ensign Group by 5.4% during the first quarter. Ashton Thomas Private Wealth LLC now owns 1,865 shares of the company’s stock valued at $241,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

Insider Activity

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $180.64, for a total transaction of $126,448.00. Following the completion of the sale, the director directly owned 25,052 shares in the company, valued at approximately $4,525,393.28. The trade was a 2.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John O. Agwunobi sold 246 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $188.87, for a total value of $46,462.02. Following the completion of the transaction, the director owned 8,879 shares in the company, valued at approximately $1,676,976.73. This trade represents a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,719 shares of company stock worth $306,644. 3.90% of the stock is currently owned by insiders.

The Ensign Group Trading Down 0.0%

Shares of NASDAQ:ENSG opened at $179.79 on Thursday. The business’s 50 day moving average price is $176.27 and its 200-day moving average price is $159.69. The Ensign Group, Inc. has a 1 year low of $118.73 and a 1 year high of $193.99. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 32.63, a price-to-earnings-growth ratio of 2.10 and a beta of 0.94. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Monday, November 3rd. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.59 by $0.05. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.28 billion. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The firm’s revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. On average, equities research analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Tuesday, September 30th. The Ensign Group’s payout ratio is presently 4.47%.

Analyst Ratings Changes

Several research firms have commented on ENSG. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Truist Financial increased their price target on shares of The Ensign Group from $190.00 to $200.00 and gave the stock a “hold” rating in a report on Monday. UBS Group restated a “buy” rating and set a $220.00 price target (up previously from $205.00) on shares of The Ensign Group in a research report on Wednesday, November 5th. Finally, Stephens upped their price objective on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Four investment 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 company has a consensus rating of “Moderate Buy” and an average target price of $194.00.

The Ensign Group 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.