Dorsey Wright & Associates Makes New $5.46 Million Investment in The Ensign Group, Inc. $ENSG

Dorsey Wright & Associates purchased a new stake in The Ensign Group, Inc. (NASDAQ:ENSG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 31,333 shares of the company’s stock, valued at approximately $5,460,000. The Ensign Group accounts for 1.2% of Dorsey Wright & Associates’ holdings, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Parkside Financial Bank & Trust lifted its holdings in shares of The Ensign Group by 2.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock worth $348,000 after acquiring an additional 57 shares during the period. Csenge Advisory Group grew its holdings in The Ensign Group by 3.7% in the fourth quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock valued at $286,000 after purchasing an additional 58 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after purchasing an additional 61 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in The Ensign Group by 2.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock worth $381,000 after purchasing an additional 62 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its position in The Ensign Group by 18.1% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 412 shares of the company’s stock worth $72,000 after purchasing an additional 63 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Stock Performance

NASDAQ ENSG opened at $153.81 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.56 and a quick ratio of 1.56. The Ensign Group, Inc. has a 1-year low of $134.79 and a 1-year high of $218.00. The firm has a market capitalization of $8.99 billion, a P/E ratio of 25.05, a P/E/G ratio of 1.52 and a beta of 0.68. The business’s 50-day simple moving average is $176.43 and its 200-day simple moving average is $185.83.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Thursday, April 30th. The company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the company earned $1.52 EPS. The company’s revenue 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. Equities analysts predict that The Ensign Group, Inc. will post 6.82 EPS for the current year.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 9,295 shares in the company, valued at $1,858,721.15. The trade was a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the completion of the sale, the director directly owned 21,352 shares of the company’s stock, valued at $3,507,706.56. The trade was a 3.17% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 2,592 shares of company stock valued at $478,246. 4.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on ENSG shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of The Ensign Group in a research note on Tuesday, June 9th. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a research note on Sunday, June 14th. Zacks Research downgraded The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, The Ensign Group currently has a consensus rating of “Moderate Buy” and an average price target of $216.75.

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.