Enstar Group (NASDAQ:ESGR) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR) in a report released on Sunday morning. The firm issued a hold rating on the insurance provider’s stock.

Enstar Group Stock Performance

Shares of NASDAQ:ESGR opened at $330.93 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. The business’s fifty day moving average price is $325.82 and its two-hundred day moving average price is $323.90. Enstar Group has a fifty-two week low of $275.02 and a fifty-two week high of $348.48. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 5.01 and a beta of 0.64.

Insider Buying and Selling at Enstar Group

In related news, Director Bernard F. Becker sold 100 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total transaction of $32,344.00. Following the completion of the sale, the director now directly owns 2,179 shares of the company’s stock, valued at $704,775.76. This trade represents a 4.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 8.00% of the company’s stock.

Institutional Trading of Enstar Group

Several large investors have recently made changes to their positions in the business. AQR Arbitrage LLC lifted its position in Enstar Group by 21.1% during the 4th quarter. AQR Arbitrage LLC now owns 169,905 shares of the insurance provider’s stock worth $54,718,000 after buying an additional 29,617 shares in the last quarter. Nexpoint Asset Management L.P. raised its stake in shares of Enstar Group by 21.3% in the fourth quarter. Nexpoint Asset Management L.P. now owns 107,434 shares of the insurance provider’s stock worth $34,599,000 after acquiring an additional 18,864 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its position in shares of Enstar Group by 1,219.9% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 62,180 shares of the insurance provider’s stock worth $20,025,000 after purchasing an additional 57,469 shares in the last quarter. Beacon Pointe Advisors LLC bought a new stake in shares of Enstar Group during the fourth quarter valued at approximately $790,000. Finally, Tudor Investment Corp ET AL increased its holdings in shares of Enstar Group by 175.9% in the fourth quarter. Tudor Investment Corp ET AL now owns 258,275 shares of the insurance provider’s stock valued at $83,177,000 after purchasing an additional 164,649 shares in the last quarter. 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.