The Ensign Group, Inc. $ENSG Stock Position Lessened by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. cut its position in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 6.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 586,002 shares of the company’s stock after selling 37,500 shares during the period. The Ensign Group accounts for approximately 3.6% of Van Berkom & Associates Inc.’s holdings, making the stock its largest holding. Van Berkom & Associates Inc.’s holdings in The Ensign Group were worth $100,792,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in The Ensign Group in the second quarter worth approximately $937,218,000. Bank of New York Mellon Corp bought a new position in The Ensign Group during the second quarter valued at approximately $65,470,000. Paradigm Capital Management Inc. NY purchased a new position in shares of The Ensign Group during the second quarter worth approximately $54,742,000. Bank of America Corp DE purchased a new position in shares of The Ensign Group during the second quarter worth approximately $37,509,000. Finally, Wasatch Advisors LP lifted its holdings in shares of The Ensign Group by 10.7% in the 2nd quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company’s stock worth $365,215,000 after acquiring an additional 220,329 shares during the last quarter. 96.12% of the stock is owned by hedge funds and other institutional investors.

The Ensign Group Trading Up 0.6%

Shares of ENSG stock opened at $182.10 on Tuesday. The business has a 50-day moving average of $175.39 and a 200 day moving average of $181.69. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20. The Ensign Group, Inc. has a 1-year low of $141.58 and a 1-year high of $218.00. The stock has a market capitalization of $10.62 billion, a PE ratio of 27.10, a P/E/G ratio of 1.78 and a beta of 0.66.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.06. The Ensign Group had a return on equity of 16.79% and a net margin of 7.03%. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the firm earned $1.64 EPS. The business’s quarterly revenue was up 14.5% on a year-over-year basis. As a group, sell-side analysts anticipate that The Ensign Group, Inc. will post 7.07 earnings per share for the current year.

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Saturday, October 31st. Stockholders of record on Wednesday, September 30th were issued a $0.0650 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is currently 3.87%.

Key The Ensign Group News

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

• Positive Sentiment: Zacks described ENSG as a strong growth stock, offering a modest positive counterpoint, although the article provides no new company-specific operating results. Zacks article on Ensign Group as a growth stock
• Negative Sentiment: Several law firms publicized the same pending securities class action, covering investors who acquired Ensign shares from February 10, 2022, through June 18, 2026. The complaint alleges the company and certain executives violated securities laws by failing to disclose material information. Investors have until December 7, 2026, to seek lead-plaintiff status; the repeated notices add visibility to the litigation but do not represent separate findings of wrongdoing. Class action deadline alert
• Negative Sentiment: A separate alert says the lawsuit followed a short-seller report alleging patient neglect, understaffing, manipulated quality and staffing data, improper billing, and an administrator-license rental scheme. The report said ENSG shares fell sharply after its publication, indicating these allegations have already been a source of market concern. Short-seller allegations and class action alert

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ENSG. Royal Bank Of Canada upped their price objective on shares of The Ensign Group from $228.00 to $239.00 and gave the company an “outperform” rating in a research note on Tuesday, November 3rd. Oppenheimer lifted their target price on shares of The Ensign Group from $210.00 to $215.00 and gave the stock an “outperform” rating in a research report on Thursday, October 29th. UBS Group reiterated a “buy” rating and issued a $240.00 target price (up from $230.00) on shares of The Ensign Group in a research report on Thursday, October 29th. Weiss Ratings raised shares of The Ensign Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Truist Financial set a $210.00 price target on shares of The Ensign Group and gave the company a “hold” rating in a research report on Thursday, October 29th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $226.00.

The Ensign Group Profile

The Ensign Group, Inc is a healthcare services company focused on post-acute care and senior living. Through its subsidiaries, it operates skilled nursing and rehabilitation facilities, assisted living communities, and independent living communities.

The company also provides home health and hospice services, as well as mobile diagnostics and other ancillary services that support patients and care facilities. Its operations serve communities across multiple U.S. states.

Founded in 1999, Ensign has grown from a skilled nursing operator into a broader provider of healthcare and senior services.