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

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

Enstar Group Stock Performance

NASDAQ:ESGR traded down $0.02 during trading hours on Tuesday, reaching $327.00. 80,127 shares of the company's stock were exchanged, compared to its average volume of 103,682. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. The firm 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 of $324.15 and a 200 day moving average of $323.22.

Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share 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 during the quarter.

Insider Buying and Selling

In other news, Director Bernard F. Becker sold 100 shares of the firm'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. This trade represents a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 8.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ESGR. Daiwa Securities Group Inc. grew its holdings in Enstar Group by 0.5% in the second quarter. Daiwa Securities Group Inc. now owns 6,958 shares of the insurance provider's stock valued at $2,127,000 after purchasing an additional 38 shares during the period. CWM LLC lifted its position in shares of Enstar Group by 22.0% during the third quarter. CWM LLC now owns 227 shares of the insurance provider's stock worth $73,000 after purchasing an additional 41 shares in the last quarter. US Bancorp DE increased its stake in 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 buying an additional 61 shares during the period. Arizona State Retirement System increased its position in shares of Enstar Group by 1.9% during the second quarter. Arizona State Retirement System now owns 3,404 shares of the insurance provider's stock worth $1,041,000 after acquiring an additional 63 shares during the last quarter. Finally, Blue Trust Inc. raised its position 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 valued at $43,000 after purchasing an additional 65 shares in the last quarter. 81.01% of the stock is currently owned by institutional investors and hedge funds.

About Enstar Group

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.