Enstar Group Limited (NASDAQ:ESGR - Get Free Report) Director Hiteshkumar R. Patel sold 484 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The sale was disclosed in a document filed with the SEC, which is available at this link.
Enstar Group Stock Performance
Shares of Enstar Group stock traded up $0.05 during trading hours on Friday, reaching $332.05. The company had a trading volume of 185,990 shares, compared to its average volume of 87,661. The business has a fifty day simple moving average of $329.76 and a 200 day simple moving average of $325.45. Enstar Group Limited has a one year low of $275.02 and a one year high of $348.48. The firm has a market cap of $4.94 billion, a PE ratio of 5.03 and a beta of 0.61. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33.
Enstar Group (NASDAQ:ESGR - Get Free Report) last released its earnings results on Thursday, February 27th. The insurance provider reported $17.01 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 $240.00 million for the quarter.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in ESGR. Longfellow Investment Management Co. LLC bought a new stake in shares of Enstar Group in the 3rd quarter worth $50,000. Key Financial Inc bought a new position in shares of Enstar Group in the fourth quarter worth approximately $52,000. NewEdge Advisors LLC increased its stake in Enstar Group by 17.1% in the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock worth $68,000 after buying an additional 31 shares in the last quarter. Vestcor Inc purchased a new position in shares of Enstar Group in the fourth quarter worth $96,000. Finally, Sterling Capital Management LLC lifted its position in shares of Enstar Group by 825.0% in the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock worth $131,000 after buying an additional 363 shares in the last quarter. Institutional investors own 81.01% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Enstar Group in a research note on Thursday. They issued a "hold" rating for the company.
Check Out Our Latest Analysis on ESGR
About Enstar Group
(
Get Free Report)
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.
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