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

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

Enstar Group Stock Up 0.0 %

Shares of NASDAQ ESGR opened at $323.83 on Wednesday. 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 12-month low of $262.54 and a 12-month high of $348.48. The firm’s 50-day moving average price is $322.54 and its 200-day moving average price is $318.87. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 4.90 and a beta of 0.65.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake in shares of Enstar Group by 759.1% during the 1st quarter. Russell Investments Group Ltd. now owns 6,383 shares of the insurance provider’s stock worth $1,984,000 after purchasing an additional 5,640 shares during the period. EntryPoint Capital LLC bought a new position in shares of Enstar Group during the first quarter valued at approximately $147,000. Lazard Asset Management LLC raised its holdings in shares of Enstar Group by 194.6% in the first quarter. Lazard Asset Management LLC now owns 1,373 shares of the insurance provider’s stock worth $426,000 after buying an additional 907 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Enstar Group by 1.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,008 shares of the insurance provider’s stock worth $2,489,000 after acquiring an additional 139 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Enstar Group by 87.4% during the 1st quarter. Janus Henderson Group PLC now owns 9,834 shares of the insurance provider’s stock valued at $3,054,000 after acquiring an additional 4,586 shares during the period. 81.01% of the stock is owned by hedge funds and other institutional investors.

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.