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

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

Enstar Group Price Performance

NASDAQ:ESGR opened at $323.71 on Tuesday. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 4.90 and a beta of 0.65. Enstar Group has a 52-week low of $255.99 and a 52-week high of $348.48. The stock has a fifty day moving average of $322.27 and a 200 day moving average of $318.12. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.31 and a current ratio of 0.33.

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

Institutional Investors Weigh In On Enstar Group

Several large investors have recently added to or reduced their stakes in ESGR. Barclays PLC raised its position in Enstar Group by 319.2% during the third quarter. Barclays PLC now owns 19,524 shares of the insurance provider’s stock valued at $6,278,000 after purchasing an additional 14,867 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Enstar Group in the third quarter worth about $2,885,000. XTX Topco Ltd increased its holdings in shares of Enstar Group by 42.6% in the third quarter. XTX Topco Ltd now owns 1,648 shares of the insurance provider’s stock worth $530,000 after buying an additional 492 shares during the period. State Street Corp increased its holdings in shares of Enstar Group by 0.3% in the third quarter. State Street Corp now owns 357,912 shares of the insurance provider’s stock worth $115,101,000 after buying an additional 1,130 shares during the period. Finally, RBF Capital LLC increased its holdings in shares of Enstar Group by 81.7% in the third quarter. RBF Capital LLC now owns 13,380 shares of the insurance provider’s stock worth $4,281,000 after buying an additional 6,017 shares during the period. 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.