Enstar Group (NASDAQ:ESGR) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGRFree Report) in a research report sent to investors on Monday morning. The firm issued a hold rating on the insurance provider’s stock.

Enstar Group Stock Up 0.2 %

NASDAQ ESGR opened at $320.73 on Monday. The business has a fifty day moving average price of $325.00 and a 200 day moving average price of $309.22. Enstar Group has a one year low of $229.57 and a one year high of $348.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.31 and a current ratio of 0.31. The company has a market cap of $4.88 billion, a P/E ratio of 6.23 and a beta of 0.66.

Enstar Group (NASDAQ:ESGRGet Free Report) last posted its quarterly earnings data on Monday, July 29th. The insurance provider reported $10.78 EPS for the quarter. Enstar Group had a return on equity of 18.55% and a net margin of 81.31%. The firm had revenue of $159.00 million during the quarter.

Institutional Trading of Enstar Group

A number of hedge funds and other institutional investors have recently modified their holdings of ESGR. Victory Capital Management Inc. increased its position in shares of Enstar Group by 0.5% during the 4th quarter. Victory Capital Management Inc. now owns 8,560 shares of the insurance provider’s stock worth $2,520,000 after purchasing an additional 46 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Enstar Group by 53.8% during the 4th quarter. Teacher Retirement System of Texas now owns 2,623 shares of the insurance provider’s stock worth $772,000 after acquiring an additional 917 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Enstar Group by 5.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 725,999 shares of the insurance provider’s stock worth $213,698,000 after acquiring an additional 39,137 shares in the last quarter. Beacon Pointe Advisors LLC raised its position in shares of Enstar Group by 10.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 3,667 shares of the insurance provider’s stock worth $1,079,000 after acquiring an additional 335 shares in the last quarter. Finally, Norges Bank acquired a new position in Enstar Group during the fourth quarter worth approximately $40,397,000. 81.01% of the stock is owned by institutional investors and hedge funds.

About Enstar Group

(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.

Recommended Stories

Receive News & Ratings for Enstar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enstar Group and related companies with MarketBeat.com's FREE daily email newsletter.