Analysts at StockNews.com assumed coverage on shares of Enstar Group (NASDAQ:ESGR - Get Free Report) in a note issued to investors on Sunday. The firm set a "hold" rating on the insurance provider's stock.
Enstar Group Price Performance
ESGR stock traded up $1.04 during midday trading on Friday, reaching $325.21. The stock had a trading volume of 58,779 shares, compared to its average volume of 58,909. Enstar Group has a 52-week low of $231.85 and a 52-week high of $348.48. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. The company's fifty day simple moving average is $322.14 and its 200 day simple moving average is $314.51. The company has a market cap of $4.95 billion, a price-to-earnings ratio of 5.54 and a beta of 0.66.
Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its quarterly earnings results on Monday, July 29th. The insurance provider reported $10.78 earnings per share for the quarter. Enstar Group had a net margin of 81.31% and a return on equity of 18.55%. The firm had revenue of $159.00 million for the quarter.
Institutional Trading of Enstar Group
Several large investors have recently added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. purchased a new stake in Enstar Group in the second quarter valued at $31,000. GAMMA Investing LLC raised its position in Enstar Group by 248.5% during the third quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider's stock worth $37,000 after acquiring an additional 82 shares during the last quarter. Blue Trust Inc. grew its holdings in Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock valued at $43,000 after buying an additional 65 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Enstar Group during the 3rd quarter worth about $48,000. Finally, CWM LLC raised its position in shares of Enstar Group by 57.6% in the second quarter. CWM LLC now owns 186 shares of the insurance provider's stock valued at $57,000 after buying an additional 68 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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