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

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

Enstar Group Stock Up 0.4 %

ESGR opened at $322.98 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.31 and a quick ratio of 0.31. The firm has a market capitalization of $4.92 billion, a P/E ratio of 5.51 and a beta of 0.65. Enstar Group has a fifty-two week low of $247.93 and a fifty-two week high of $348.48. The company’s 50-day moving average is $322.19 and its 200 day moving average is $316.33.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Farmers & Merchants Investments Inc. purchased a new stake in Enstar Group during the second quarter worth about $31,000. GAMMA Investing LLC lifted its holdings in Enstar Group by 248.5% during the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 82 shares in the last quarter. Blue Trust Inc. boosted its stake in Enstar Group by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 65 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in Enstar Group in the 3rd quarter worth about $48,000. Finally, CWM LLC grew its holdings in Enstar Group by 57.6% during the 2nd quarter. CWM LLC now owns 186 shares of the insurance provider’s stock valued at $57,000 after buying an additional 68 shares in the last quarter. 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.