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

Equities researchers at StockNews.com assumed coverage on shares of Enstar Group (NASDAQ:ESGR) in a report released on Tuesday. The firm set a “hold” rating on the insurance provider’s stock.

Enstar Group Trading Up 0.2 %

Shares of NASDAQ:ESGR opened at $327.02 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 4.95 and a beta of 0.65. Enstar Group has a 1-year low of $262.54 and a 1-year high of $348.48. The company has a 50 day moving average price of $324.12 and a 200 day moving average price of $323.10.

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

Insider Transactions at Enstar Group

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of the stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $323.44, for a total transaction of $32,344.00. Following the transaction, the director now directly owns 2,179 shares of the company’s stock, valued at $704,775.76. This represents a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 8.00% of the company’s stock.

Institutional Trading of Enstar Group

Several large investors have recently modified their holdings of ESGR. GAMMA Investing LLC boosted its position in shares of Enstar Group by 248.5% in the third 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 period. Blue Trust Inc. raised its stake in 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 purchasing an additional 65 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Enstar Group in the 3rd quarter valued at $48,000. Longfellow Investment Management Co. LLC acquired a new stake in Enstar Group in the 3rd quarter worth $50,000. Finally, US Bancorp DE increased its holdings in shares of Enstar Group by 40.7% during the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider’s stock worth $68,000 after purchasing an additional 61 shares during the period. 81.01% of the stock is owned by institutional investors.

Enstar Group Company Profile

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.