Enstar Group (NASDAQ:ESGR) Research Coverage Started at StockNews.com

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

Enstar Group Stock Up 0.7 %

Enstar Group stock opened at $324.96 on Monday. The firm has a market cap of $4.95 billion, a price-to-earnings ratio of 5.54 and a beta of 0.65. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. Enstar Group has a 12 month low of $247.93 and a 12 month high of $348.48. The stock has a fifty day simple moving average of $322.11 and a two-hundred day simple moving average of $316.66.

Institutional Investors Weigh In On Enstar Group

A number of large investors have recently added to or reduced their stakes in ESGR. Farmers & Merchants Investments Inc. purchased a new position in shares of Enstar Group in the 2nd quarter worth $31,000. GAMMA Investing LLC boosted its position in Enstar Group by 248.5% in the third quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 82 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 65 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Enstar Group during the 3rd quarter valued at about $48,000. Finally, CWM LLC lifted its stake in shares of Enstar Group by 57.6% in the 2nd quarter. CWM LLC now owns 186 shares of the insurance provider’s stock worth $57,000 after purchasing an additional 68 shares during the period. Institutional investors own 81.01% of the company’s stock.

About Enstar Group

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.