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

Research analysts at StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR) in a research report issued on Saturday. The firm set a “hold” rating on the insurance provider’s stock.

Enstar Group Stock Down 0.2 %

Shares of NASDAQ ESGR opened at $324.45 on Friday. 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 capitalization of $4.94 billion, a PE ratio of 4.91 and a beta of 0.65. Enstar Group has a one year low of $262.54 and a one year high of $348.48. The business’s fifty day moving average price is $324.10 and its 200-day moving average price is $321.01.

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

Institutional Investors Weigh In On Enstar Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Glazer Capital LLC bought a new position in shares of Enstar Group in the third quarter worth $59,941,000. Alpine Associates Management Inc. bought a new position in Enstar Group in the 3rd quarter worth about $24,465,000. Slotnik Capital LLC purchased a new position in Enstar Group during the 3rd quarter valued at about $10,291,000. Dimensional Fund Advisors LP increased its position in shares of Enstar Group by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 793,067 shares of the insurance provider’s stock valued at $242,442,000 after buying an additional 30,831 shares during the period. Finally, Edgestream Partners L.P. purchased a new stake in shares of Enstar Group in the second quarter worth about $7,394,000. Institutional investors own 81.01% of the company’s stock.

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.