Enstar Group (NASDAQ:ESGR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR) in a research note published on Saturday. The firm issued a hold rating on the insurance provider’s stock.

Enstar Group Stock Performance

ESGR opened at $326.26 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.33 and a current ratio of 0.31. The business’s 50-day simple moving average is $322.72 and its 200 day simple moving average is $306.61. The firm has a market capitalization of $4.97 billion, a PE ratio of 6.34 and a beta of 0.66. Enstar Group has a 52-week low of $229.57 and a 52-week high of $348.48.

Enstar Group (NASDAQ:ESGR) last announced its quarterly earnings data on Monday, July 29th. The insurance provider reported $10.78 earnings per share (EPS) for the quarter. The company had revenue of $159.00 million for the quarter. Enstar Group had a return on equity of 18.55% and a net margin of 81.31%.

Institutional Trading of Enstar Group

A number of large investors have recently added to or reduced their stakes in ESGR. Farmers & Merchants Investments Inc. bought a new stake in shares of Enstar Group in the 2nd quarter valued at about $31,000. CWM LLC raised its stake in Enstar Group by 293.3% in the first quarter. CWM LLC now owns 118 shares of the insurance provider’s stock valued at $37,000 after buying an additional 88 shares during the period. HHM Wealth Advisors LLC acquired a new stake in shares of Enstar Group in the second quarter valued at approximately $80,000. EntryPoint Capital LLC bought a new position in shares of Enstar Group during the 1st quarter worth approximately $147,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in shares of Enstar Group during the 2nd quarter worth approximately $203,000. Institutional investors and hedge funds 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.