Prosperitas Financial LLC Invests $2.08 Million in The Ensign Group, Inc. $ENSG

Prosperitas Financial LLC bought a new position in The Ensign Group, Inc. (NASDAQ:ENSG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,007 shares of the company’s stock, valued at approximately $2,085,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC purchased a new position in shares of The Ensign Group in the second quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. grew its stake 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 purchasing an additional 61 shares during the last quarter. Monetary Solutions Ltd purchased a new position in The Ensign Group during the 4th quarter valued at about $30,000. Bayban purchased a new position in The Ensign Group during the 4th quarter valued at about $31,000. Finally, Caitlin John LLC bought a new position in The Ensign Group during the 2nd quarter valued at approximately $31,000. 96.12% of the stock is currently owned by institutional investors.

The Ensign Group Stock Down 0.3%

ENSG stock opened at $172.98 on Friday. The Ensign Group, Inc. has a fifty-two week low of $141.58 and a fifty-two week high of $218.00. The business’s 50 day moving average price is $173.40 and its two-hundred day moving average price is $184.22. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.67 and a beta of 0.68.

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

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 annualized dividend and a yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is currently 4.08%.

Insiders Place Their Bets

In other news, Director John O. Agwunobi sold 392 shares of the company’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the sale, the director directly owned 9,503 shares of the company’s stock, valued at $1,625,583.18. This represents a 3.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total transaction of $114,996.00. Following the transaction, the director directly owned 21,352 shares of the company’s stock, valued at approximately $3,507,706.56. This trade represents a 3.17% decrease in their ownership of the stock. 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. Insiders own 4.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Wall Street Zen downgraded The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Truist Financial boosted their price objective on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, The Ensign Group has a consensus rating of “Moderate Buy” and a consensus price target of $216.25.

The Ensign Group Company 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.