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

StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR) in a research report released on Saturday morning. The firm issued a hold rating on the insurance provider’s stock.

Enstar Group Stock Up 0.1 %

NASDAQ ESGR opened at $327.97 on Friday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. Enstar Group has a 1-year low of $270.10 and a 1-year high of $348.48. The company has a 50 day moving average of $325.51 and a 200-day moving average of $323.94. The company has a market cap of $4.99 billion, a price-to-earnings ratio of 4.96 and a beta of 0.64.

Enstar Group (NASDAQ:ESGR) last released its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The company had revenue of $177.00 million during the quarter.

Insider Buying and Selling at Enstar Group

In related news, Director Bernard F. Becker sold 100 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $323.44, for a total value of $32,344.00. Following the sale, the director now owns 2,179 shares of the company’s stock, valued at $704,775.76. The trade was a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 8.00% of the company’s stock.

Institutional Trading of Enstar Group

A number of institutional investors have recently bought and sold shares of ESGR. JPMorgan Chase & Co. raised its holdings in shares of Enstar Group by 7.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,632 shares of the insurance provider’s stock worth $12,102,000 after acquiring an additional 2,498 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. bought a new position in Enstar Group in the 4th quarter worth approximately $5,346,000. Sequoia Financial Advisors LLC boosted its holdings in Enstar Group by 640.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 26,313 shares of the insurance provider’s stock worth $8,462,000 after buying an additional 22,761 shares during the period. Citigroup Inc. boosted its holdings in Enstar Group by 10.6% in the 3rd quarter. Citigroup Inc. now owns 12,485 shares of the insurance provider’s stock worth $4,015,000 after buying an additional 1,198 shares during the period. Finally, Syquant Capital Sas purchased a new stake in Enstar Group in the 4th quarter worth approximately $5,295,000. Institutional investors own 81.01% of the company’s stock.

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.