BidaskClub upgraded shares of Enstar Group (NASDAQ:ESGR) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning.
A number of other equities analysts also recently weighed in on ESGR. ValuEngine downgraded shares of Enstar Group from a buy rating to a hold rating in a research note on Wednesday, May 2nd. TheStreet downgraded shares of Enstar Group from a b- rating to a c+ rating in a research note on Tuesday, May 29th.
Shares of NASDAQ ESGR opened at $210.90 on Tuesday. Enstar Group has a fifty-two week low of $183.85 and a fifty-two week high of $237.30. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 20.26 and a beta of 0.73. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.28.
Enstar Group (NASDAQ:ESGR) last announced its earnings results on Tuesday, May 8th. The insurance provider reported ($2.12) earnings per share for the quarter. Enstar Group had a net margin of 22.81% and a return on equity of 6.69%. The business had revenue of $261.51 million for the quarter.
Institutional investors and hedge funds have recently made changes to their positions in the stock. US Bancorp DE increased its position in shares of Enstar Group by 1,003.2% during the fourth quarter. US Bancorp DE now owns 684 shares of the insurance provider’s stock valued at $137,000 after acquiring an additional 622 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Enstar Group during the fourth quarter valued at approximately $236,000. Citadel Advisors LLC bought a new stake in shares of Enstar Group during the fourth quarter valued at approximately $273,000. Jefferies Group LLC bought a new stake in shares of Enstar Group during the fourth quarter valued at approximately $321,000. Finally, First Republic Investment Management Inc. bought a new stake in shares of Enstar Group during the first quarter valued at approximately $328,000. 76.60% of the stock is owned by institutional investors.
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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