Enstar Group (NASDAQ:ESGR) Coverage Initiated at StockNews.com

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

Enstar Group Stock Up 0.1 %

ESGR stock traded up $0.38 during trading on Friday, hitting $332.66. 122,901 shares of the stock traded hands, compared to its average volume of 95,816. 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 stock has a market cap of $5.07 billion, a price-to-earnings ratio of 5.04 and a beta of 0.64. Enstar Group has a 1 year low of $275.02 and a 1 year high of $348.48. The firm's 50 day moving average is $325.93 and its two-hundred day moving average is $323.93.

Insider Buying and Selling

In other news, Director Bernard F. Becker sold 100 shares of the business's stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total value of $32,344.00. Following the completion of the transaction, 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 document filed with the Securities & Exchange Commission, which is available through this link. 8.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Enstar Group

Large investors have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after acquiring an additional 31 shares during the last quarter. CWM LLC grew its position in Enstar Group by 22.0% in the 3rd quarter. CWM LLC now owns 227 shares of the insurance provider's stock worth $73,000 after purchasing an additional 41 shares during the period. Summit Investment Advisors Inc. raised its stake in Enstar Group by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock valued at $427,000 after buying an additional 42 shares during the last quarter. US Bancorp DE lifted 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 valued at $68,000 after buying an additional 61 shares during the period. Finally, Blue Trust Inc. boosted its stake in shares of Enstar Group by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock worth $43,000 after buying an additional 65 shares during the last quarter. 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.