Enstar Group Ltd. (NASDAQ:ESGR) CFO Guy Thomas Anthony Bowker bought 1,500 shares of the business’s stock in a transaction on Friday, March 8th. The stock was acquired at an average cost of $160.52 per share, for a total transaction of $240,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of NASDAQ ESGR opened at $172.56 on Friday. Enstar Group Ltd. has a twelve month low of $150.32 and a twelve month high of $223.45. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $3.66 billion, a PE ratio of 22.24 and a beta of 0.74.
Hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Inc. increased its holdings in shares of Enstar Group by 41.4% in the 4th quarter. Advisor Group Inc. now owns 280 shares of the insurance provider’s stock valued at $47,000 after acquiring an additional 82 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new stake in shares of Enstar Group in the 4th quarter valued at approximately $101,000. Bremer Trust National Association bought a new stake in shares of Enstar Group in the 4th quarter valued at approximately $133,000. Commonwealth Bank of Australia bought a new stake in shares of Enstar Group in the 3rd quarter valued at approximately $166,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Enstar Group by 6.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,071 shares of the insurance provider’s stock valued at $180,000 after acquiring an additional 68 shares during the last quarter. Institutional investors and hedge funds own 70.82% of the company’s stock.
ESGR has been the topic of a number of recent analyst reports. BidaskClub raised Enstar Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 22nd. ValuEngine lowered Enstar Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th.
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About Enstar Group
Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It operates in three segments: Non-Life Run-Off, Atrium, and StarStone. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.
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