Van Berkom & Associates Inc. Sells 119,869 Shares of The Ensign Group, Inc. $ENSG

Van Berkom & Associates Inc. lessened its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 16.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 628,028 shares of the company’s stock after selling 119,869 shares during the period. The Ensign Group makes up 3.2% of Van Berkom & Associates Inc.’s portfolio, making the stock its 2nd largest position. Van Berkom & Associates Inc.’s holdings in The Ensign Group were worth $109,402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in ENSG. Private Trust Co. NA increased its position in The Ensign Group by 156.5% in the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after acquiring an additional 97 shares during the period. Harbor Investment Advisory LLC boosted its holdings in The Ensign Group by 125.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares in the last quarter. Root Financial Partners LLC purchased a new stake in The Ensign Group in the 3rd quarter valued at approximately $35,000. Larson Financial Group LLC boosted its holdings in The Ensign Group by 76.9% in the 3rd quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock valued at $36,000 after purchasing an additional 90 shares in the last quarter. Finally, Caitlin John LLC purchased a new stake in The Ensign Group in the 3rd quarter valued at approximately $39,000. Institutional investors and hedge funds own 96.12% of the company’s stock.

Insider Buying and Selling

In other The Ensign Group news, VP Beverly B. Wittekind sold 500 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $210.23, for a total value of $105,115.00. Following the transaction, the vice president directly owned 32,779 shares in the company, valued at approximately $6,891,129.17. This represents a 1.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daren Shaw sold 1,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $213.43, for a total transaction of $213,430.00. Following the completion of the transaction, the director owned 23,726 shares in the company, valued at approximately $5,063,840.18. This trade represents a 4.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 16,473 shares of company stock worth $3,257,233 in the last 90 days. 4.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ENSG. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. UBS Group set a $230.00 price objective on The Ensign Group and gave the company a “buy” rating in a report on Friday, February 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a report on Tuesday, April 21st. Finally, Truist Financial set a $215.00 price objective on The Ensign Group and gave the company a “hold” rating in a report on Friday, February 6th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $216.75.

The Ensign Group Trading Down 0.9%

Shares of The Ensign Group stock opened at $182.03 on Tuesday. 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 $129.91 and a 1 year high of $218.00. The company has a market capitalization of $10.54 billion, a P/E ratio of 29.65, a P/E/G ratio of 1.80 and a beta of 0.73. The business has a 50 day moving average price of $202.39 and a 200 day moving average price of $189.42.

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

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, March 31st. The Ensign Group’s dividend payout ratio is 4.23%.

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.