Dockside LLC Takes $2.18 Million Position in The Ensign Group, Inc. $ENSG

Dockside LLC acquired a new position in The Ensign Group, Inc. (NASDAQ:ENSG) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 13,600 shares of the company’s stock, valued at approximately $2,180,000.

A number of other institutional investors have also recently bought and sold shares of the business. Private Trust Co. NA lifted its stake in The Ensign Group by 156.5% in the fourth quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after buying an additional 97 shares during the period. Cedar Mountain Advisors LLC acquired a new position in The Ensign Group in the first quarter valued at about $32,000. Monetary Solutions Ltd acquired a new position in The Ensign Group in the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after acquiring an additional 61 shares in the last quarter. Finally, Bayban bought a new stake in shares of The Ensign Group in the fourth quarter worth about $31,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Stock Down 0.1%

ENSG stock opened at $181.65 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market capitalization of $10.59 billion, a P/E ratio of 28.47, a P/E/G ratio of 1.75 and a beta of 0.68. The business has a 50-day moving average of $168.19 and a 200-day moving average of $184.13. The Ensign Group, Inc. has a fifty-two week low of $141.58 and a fifty-two week high of $218.00.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.12. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The Ensign Group’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, sell-side analysts anticipate that The Ensign Group, Inc. will post 6.93 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.065 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is 4.08%.

Analyst Ratings Changes

ENSG has been the topic of several recent analyst reports. Weiss Ratings cut The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 16th. Royal Bank Of Canada reissued an “outperform” rating and set a $228.00 target price on shares of The Ensign Group in a research note on Tuesday, July 28th. Truist Financial raised their target price on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Finally, Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Four 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 stock has a consensus rating of “Moderate Buy” and an average target price of $216.25.

Insider Buying and Selling

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the sale, the director owned 21,352 shares of the company’s stock, valued at $3,507,706.56. The trade was a 3.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the firm’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $171.06, for a total transaction of $67,055.52. Following the completion of the transaction, the director directly owned 9,503 shares of the company’s stock, valued at approximately $1,625,583.18. This trade represents a 3.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by company insiders.

The Ensign Group Profile

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.