Keeley Teton Comments on Ensign Group - Stockxpo - Grow more with Investors, Traders, Analyst and Research

Keeley Teton Comments on Ensign Group

Ensign Group (

ENSG, Financial) is a provider of healthcare services in the skilled nursing and senior housingmarkets. Ensign reported a mixed quarter in an operating environment made more di cult by lingering COVID-19 concerns enhanced by the emergence of the Delta variant. Despite these issues, the company continues to show sequential improvement in occupancy trends which drove mid-teens revenue growth. Management also noted that the acquisition pipeline is building, adding eight new facilities in the quarter. Unfortunately, concerns of a second wave driven by the Delta variant and its potential negative impact heading into year-end put pressure on the stock in the quarter.

From Keeley Teton Small Cap Dividend Value Fund’s third-quarter 2021 commentary.

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