Ensign Group acquired seven skilled nursing facilities in Utah and one in Alabama, enhancing its healthcare portfolio.
Quiver AI Summary
The Ensign Group, Inc. has announced the acquisition of seven skilled nursing facilities in Utah and one facility in Alabama, expanding its portfolio to 369 healthcare operations across 17 states. The facilities in Utah include various locations with capacities ranging from 30 to 90 beds, all of which will be operated by Ensign-affiliated operators. CEO Barry Port expressed admiration for the Stonehenge facilities and highlighted the strategic fit of these acquisitions within Ensign's existing operations. Additionally, the company plans to continue seeking further acquisition opportunities in the healthcare sector. Ensign operates a diverse range of services, including skilled nursing, senior living, and rehabilitative therapies.
Potential Positives
- Ensign Group's acquisition of seven skilled nursing facilities in Utah expands its operational footprint, enhancing its presence in a key market.
- The addition of high-quality, newer constructed properties to Ensign's portfolio may improve service offerings and attract more residents.
- This strategic move increases the company's total healthcare operations to 369, demonstrating growth and strength in the market.
- Ensign's commitment to acquiring both high-performing and struggling healthcare businesses suggests a proactive approach to expanding and improving its service capabilities.
Potential Negatives
- Acquiring multiple facilities may place significant financial pressure on the company, raising concerns about its ability to manage and integrate these new operations effectively.
- The announcement of ongoing efforts to acquire "both well-performing and struggling" facilities could signal potential risks and vulnerabilities in their portfolio management strategy.
- Expanding into new markets carries inherent risks, including the possibility of cultural misalignment and operational challenges that may affect service quality and reputation.
FAQ
What recent acquisitions did The Ensign Group announce?
The Ensign Group announced the acquisition of seven skilled nursing facilities in Utah and one in Alabama.
Where are the newly acquired skilled nursing facilities located?
The facilities are located in American Fork, Cedar City, Ogden, Orem, Richfield, South Jordan, and Springville, Utah, and Birmingham, Alabama.
How many healthcare operations does Ensign currently operate?
Ensign operates a total of 369 healthcare operations across 17 states, including skilled nursing and senior living facilities.
Who will operate the newly acquired facilities?
The newly acquired skilled nursing facilities will be operated by Ensign affiliated operators.
What is Ensign's future acquisition strategy?
Ensign is actively seeking opportunities to acquire real estate and lease skilled nursing and senior living operations throughout the U.S.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ENSG Insider Trading Activity
$ENSG insiders have traded $ENSG stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $ENSG stock by insiders over the last 6 months:
- BEVERLY B. WITTEKIND (VP and Chief Legal Officer) has made 0 purchases and 2 sales selling 8,258 shares for an estimated $1,262,295.
- SUZANNE D. SNAPPER (CFO) has made 0 purchases and 3 sales selling 8,379 shares for an estimated $1,241,820.
- BARRY M SMITH has made 0 purchases and 5 sales selling 3,500 shares for an estimated $555,835.
- DAREN SHAW has made 0 purchases and 2 sales selling 2,999 shares for an estimated $456,964.
- BARRY PORT (Chief Executive Officer) sold 2,399 shares for an estimated $383,840
- ANN SCOTT BLOUIN sold 425 shares for an estimated $63,422
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ENSG Hedge Fund Activity
We have seen 235 institutional investors add shares of $ENSG stock to their portfolio, and 240 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAILLIE GIFFORD & CO added 1,382,035 shares (+96.2%) to their portfolio in Q3 2025, for an estimated $238,774,186
- VOYA INVESTMENT MANAGEMENT LLC removed 306,733 shares (-86.3%) from their portfolio in Q3 2025, for an estimated $52,994,260
- ROYAL BANK OF CANADA added 289,962 shares (+354.8%) to their portfolio in Q2 2025, for an estimated $44,729,538
- SQUAREPOINT OPS LLC removed 289,059 shares (-92.0%) from their portfolio in Q2 2025, for an estimated $44,590,241
- WASATCH ADVISORS LP added 199,983 shares (+6.0%) to their portfolio in Q2 2025, for an estimated $30,849,377
- WELLINGTON MANAGEMENT GROUP LLP added 190,591 shares (+27.9%) to their portfolio in Q2 2025, for an estimated $29,400,567
- HOOD RIVER CAPITAL MANAGEMENT LLC added 187,262 shares (+61.4%) to their portfolio in Q2 2025, for an estimated $28,887,036
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ENSG Analyst Ratings
Wall Street analysts have issued reports on $ENSG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 09/02/2025
- Stephens & Co. issued a "Overweight" rating on 07/28/2025
To track analyst ratings and price targets for $ENSG, check out Quiver Quantitative's $ENSG forecast page.
$ENSG Price Targets
Multiple analysts have issued price targets for $ENSG recently. We have seen 3 analysts offer price targets for $ENSG in the last 6 months, with a median target of $170.0.
Here are some recent targets:
- A.J. Rice from UBS set a target price of $205.0 on 09/02/2025
- Raj Kumar from Stephens & Co. set a target price of $170.0 on 07/28/2025
- David Macdonald from Truist Securities set a target price of $165.0 on 07/28/2025
Full Release
SAN JUAN CAPISTRANO, Calif., Nov. 03, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of the following skilled nursing facilities:
- Stonehenge of American Fork , a 90-bed skilled nursing facility located in American Fork, Utah;
- Stonehenge of Cedar City , a 50-bed skilled nursing facility located in Cedar City, Utah;
- Stonehenge of Ogden , a 52-bed skilled nursing facility located in Washington Terrace, Utah;
- Stonehenge of Orem , a 34-bed skilled nursing facility located in Orem, Utah;
- Stonehenge of Richfield , a 30-bed skilled nursing facility located in Richfield, Utah;
- Stonehenge of South Jordan , a 32-bed skilled nursing facility located in South Jordan, Utah; and
-
Stonehenge of Springville
, a 50-bed skilled nursing facility located in Springville, Utah.
The real estate was acquired by subsidiaries of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and all seven facilities will be operated by Ensign affiliated operators.
“We have admired Stonehenge for many years and are honored to continue their legacy as one of the top providers in the State of Utah.” said Barry Port, Ensign's Chief Executive Officer. “This strategic acquisition adds high quality, newer constructed properties to our existing footprint in a very important state for us. The locations are a perfect fit with our existing clusters and introduce us into a few new markets. We are also thrilled to add these assets to Standard Bearer’s growing real estate portfolio”, he added.
Steve Farnsworth, President of Milestone Healthcare LLC, Ensign’s Utah-based subsidiary, further commented “We are so excited to work with the staff, residents, and the families at each of these locations. We are confident that there are many things we can learn from the amazing group of caregivers already present in these operations. We look forward to combining our deep bench of talented resources with the amazing talent in these operations and will strive to provide top-notch services to each of these communities for decades to come.”
In a separate transaction on the same day, Ensign announced it acquired the operations of “ The Health Center of Eastview ” a 90-bed skilled nursing facility located in Birmingham, Alabama. The facility will be operated by an Ensign affiliated operator and is subject to a long-term triple net lease.
These acquisitions bring Ensign's growing portfolio to 369 healthcare operations, which includes 47 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 155 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.
About Ensign ™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 369 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net .
Contact Information
The Ensign Group, Inc., (949) 487-9500, [email protected]
SOURCE: The Ensign Group, Inc.
