The Ensign Group, Inc. $ENSG Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp reduced its stake in shares of The Ensign Group, Inc. (NASDAQ:ENSG) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,906 shares of the company’s stock after selling 4,288 shares during the period. King Luther Capital Management Corp owned about 0.09% of The Ensign Group worth $8,694,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ENSG. Private Trust Co. NA grew its holdings in The Ensign Group by 156.5% during the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after acquiring an additional 97 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in The Ensign Group by 125.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock worth $34,000 after acquiring an additional 108 shares in the last quarter. Larson Financial Group LLC grew its holdings in The Ensign Group by 76.9% during the 3rd quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock worth $36,000 after acquiring an additional 90 shares in the last quarter. Caitlin John LLC acquired a new position in The Ensign Group during the 3rd quarter worth $39,000. Finally, Wexford Capital LP acquired a new position in The Ensign Group during the 3rd quarter worth $41,000. 96.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a report on Tuesday, April 21st. Truist Financial set a $215.00 price objective on shares of The Ensign Group and gave the stock a “hold” rating in a report on Friday, February 6th. Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $216.75.

Insider Transactions at The Ensign Group

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $199.97, for a total value of $78,388.24. Following the transaction, the director owned 9,295 shares of the company’s stock, valued at $1,858,721.15. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $196.65, for a total transaction of $137,655.00. Following the completion of the transaction, the director directly owned 22,152 shares in the company, valued at $4,356,190.80. This represents a 3.06% 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. Insiders sold 2,592 shares of company stock worth $512,364 in the last three months. 4.00% of the stock is currently owned by corporate insiders.

The Ensign Group Stock Performance

Shares of NASDAQ ENSG opened at $171.97 on Thursday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average price is $189.95 and its two-hundred day moving average price is $188.36. The Ensign Group, Inc. has a 52-week low of $134.79 and a 52-week high of $218.00. The stock has a market capitalization of $10.05 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.69 and a beta of 0.73.

The Ensign Group (NASDAQ:ENSG) last issued 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 for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the company posted $1.52 earnings per share. The Ensign Group’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. As a group, sell-side analysts forecast that The Ensign Group, Inc. will post 6.79 earnings per share for the current year.

The Ensign Group Announces Dividend

The firm 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. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is currently 4.23%.

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.