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

Equities researchers at StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR - Get Free Report) in a report released on Friday. The brokerage set a "hold" rating on the insurance provider's stock.

Enstar Group Trading Down 0.0 %

Shares of Enstar Group stock traded down $0.13 on Friday, hitting $326.86. 129,595 shares of the company's stock traded hands, compared to its average volume of 95,408. The company has a fifty day moving average of $325.26 and a two-hundred day moving average of $324.07. Enstar Group has a one year low of $265.00 and a one year high of $348.48. The company has a market capitalization of $4.98 billion, a price-to-earnings ratio of 4.95 and a beta of 0.64. 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 issued its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. The firm had revenue of $177.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

Insider Buying and Selling at Enstar Group

In other news, Director Bernard F. Becker sold 100 shares of the business's stock in a transaction that occurred 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 owns 2,179 shares in the company, valued at $704,775.76. The trade was a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 8.00% of the company's stock.

Hedge Funds Weigh In On Enstar Group

A number of large investors have recently modified their holdings of ESGR. GAMMA Investing LLC lifted its stake 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 buying an additional 82 shares in the last quarter. Blue Trust Inc. lifted its position in Enstar Group by 85.5% in 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Enstar Group in the third quarter valued at approximately $48,000. Longfellow Investment Management Co. LLC purchased a new position in Enstar Group during the 3rd quarter worth $50,000. Finally, Key Financial Inc bought a new stake in shares of Enstar Group in the 4th quarter worth $52,000. 81.01% of the stock is currently 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.