Analysts at StockNews.com assumed coverage on shares of Enstar Group (NASDAQ:ESGR - Get Free Report) in a report released on Wednesday. The brokerage set a "hold" rating on the insurance provider's stock.
Enstar Group Price Performance
NASDAQ:ESGR traded up $0.01 during trading hours on Wednesday, hitting $323.83. The stock had a trading volume of 41,081 shares, compared to its average volume of 74,385. Enstar Group has a one year low of $262.54 and a one year high of $348.48. The company has a 50 day simple moving average of $322.46 and a two-hundred day simple moving average of $318.84. 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 firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 4.90 and a beta of 0.65.
Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%. The company had revenue of $177.00 million for the quarter.
Hedge Funds Weigh In On Enstar Group
Several institutional investors and hedge funds have recently bought and sold shares of ESGR. Russell Investments Group Ltd. increased its stake in Enstar Group by 759.1% in the 1st quarter. Russell Investments Group Ltd. now owns 6,383 shares of the insurance provider's stock worth $1,984,000 after acquiring an additional 5,640 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Enstar Group during the 1st quarter worth $147,000. Lazard Asset Management LLC grew its holdings in Enstar Group by 194.6% in the first quarter. Lazard Asset Management LLC now owns 1,373 shares of the insurance provider's stock worth $426,000 after purchasing an additional 907 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Enstar Group by 1.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,008 shares of the insurance provider's stock valued at $2,489,000 after purchasing an additional 139 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in Enstar Group by 87.4% during the 1st quarter. Janus Henderson Group PLC now owns 9,834 shares of the insurance provider's stock valued at $3,054,000 after purchasing an additional 4,586 shares during the last quarter. 81.01% of the stock is currently owned by hedge funds and other institutional investors.
Enstar Group Company Profile
(
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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