Enstar Group (NASDAQ:ESGR) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR) in a research report sent to investors on Friday. The firm issued a hold rating on the insurance provider’s stock.

Enstar Group Stock Up 0.0 %

Shares of NASDAQ ESGR opened at $325.77 on Friday. Enstar Group has a 52 week low of $262.54 and a 52 week high of $348.48. The business has a 50-day simple moving average of $323.64 and a two-hundred day simple moving average of $320.58. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. The company has a market cap of $4.96 billion, a P/E ratio of 4.93 and a beta of 0.65.

Enstar Group (NASDAQ:ESGR) last issued its earnings results on Tuesday, November 12th. The insurance provider reported $8.51 EPS for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%. The business had revenue of $177.00 million during the quarter.

Institutional Trading of Enstar Group

A number of large investors have recently modified their holdings of ESGR. Farmers & Merchants Investments Inc. bought a new stake in shares of Enstar Group during the 2nd quarter valued at about $31,000. GAMMA Investing LLC boosted its position in shares of Enstar Group by 248.5% during the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 82 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 65 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Enstar Group during the 3rd quarter valued at about $48,000. Finally, Longfellow Investment Management Co. LLC purchased a new position in shares of Enstar Group during the 3rd quarter valued at about $50,000. Institutional investors own 81.01% of the company’s stock.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.