Vestcor Inc Sells 3,635 Shares of The Ensign Group, Inc. $ENSG

Vestcor Inc lowered its holdings in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 64.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,024 shares of the company’s stock after selling 3,635 shares during the period. Vestcor Inc’s holdings in The Ensign Group were worth $353,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ENSG. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in The Ensign Group by 9.9% during 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 purchasing an additional 14,590 shares during the period. Geneos Wealth Management Inc. grew its holdings in The Ensign Group by 150.3% during 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 during the period. EverSource Wealth Advisors LLC grew its holdings in The Ensign Group by 65.9% during the second quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock worth $83,000 after purchasing an additional 213 shares during the period. Amundi grew its holdings in The Ensign Group by 480,216.7% during the second quarter. Amundi now owns 57,638 shares of the company’s stock worth $8,583,000 after purchasing an additional 57,626 shares during the period. Finally, Brown Advisory Inc. grew its holdings in The Ensign Group by 26.1% during the second quarter. Brown Advisory Inc. now owns 2,037 shares of the company’s stock worth $314,000 after purchasing an additional 421 shares during the period. Institutional investors own 96.12% of the company’s stock.

Key The Ensign Group News

Here are the key news stories impacting The Ensign Group this week:

• Negative Sentiment: Hunterbrook’s short report alleged systemic neglect, dangerous understaffing, and improper billing at Ensign’s facilities, raising reputational and regulatory risks that can weigh on the stock. Ensign Group Stock Dives After Hunterbrook Alleges Deliberate Understaffing Scheme At Nursing Home Chain
• Negative Sentiment: Several firms, including Levi & Korsinsky, Ademi LLP, Block & Leviton, Rosen Law Firm, and the Law Offices of Frank R. Cruz, announced investigations into possible securities fraud and misleading statements, which adds legal overhang. The Ensign Group Investigation Initiated: Levi & Korsinsky Investigates the Officers and Directors of The Ensign Group (ENSG)
• Negative Sentiment: Additional shareholder-alert headlines may keep sentiment weak as investors assess the risk of class-action litigation and possible disclosure issues. Securities Fraud Investigation Into The Ensign Group, Inc. (ENSG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
• Neutral Sentiment: Short-interest data reported by the market feed appears abnormal/near zero, so it does not currently add a clear new signal for trading direction.

Insiders Place Their Bets

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the company’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $199.97, for a total transaction of $78,388.24. Following the sale, the director owned 9,295 shares of the company’s stock, valued at approximately $1,858,721.15. This represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the sale, the director directly owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,592 shares of company stock worth $478,246 in the last ninety days. Insiders own 4.00% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ENSG. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a report on Tuesday, April 21st. Royal Bank Of Canada restated an “outperform” rating on shares of The Ensign Group in a report on Tuesday. Zacks Research cut The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $216.75.

The Ensign Group Stock Down 0.7%

Shares of NASDAQ:ENSG opened at $155.25 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.56. The Ensign Group, Inc. has a 52-week low of $134.79 and a 52-week high of $218.00. The company has a market capitalization of $9.07 billion, a PE ratio of 25.29, a price-to-earnings-growth ratio of 1.54 and a beta of 0.68. The company has a fifty day moving average of $183.00 and a 200-day moving average of $187.45.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.06. The Ensign Group had a net margin of 6.89% and a return on equity of 16.78%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the previous year, the firm posted $1.52 earnings per share. The Ensign Group’s revenue for the quarter was up 18.4% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. On average, equities analysts predict that The Ensign Group, Inc. will post 6.79 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The Ensign Group’s dividend payout ratio is 4.23%.

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.