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

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

Enstar Group Stock Up 0.4 %

Shares of NASDAQ ESGR opened at $332.28 on Friday. The firm has a fifty day simple moving average of $325.93 and a two-hundred day simple moving average of $323.93. Enstar Group has a 12 month low of $275.02 and a 12 month high of $348.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $5.06 billion, a PE ratio of 5.03 and a beta of 0.64.

Insider Buying and Selling at Enstar Group

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total transaction of $32,344.00. Following the completion of the transaction, the director now owns 2,179 shares of the company’s stock, valued at approximately $704,775.76. This trade represents a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 8.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ESGR. Vise Technologies Inc. boosted its stake in Enstar Group by 49.4% during the fourth quarter. Vise Technologies Inc. now owns 1,961 shares of the insurance provider’s stock worth $632,000 after acquiring an additional 648 shares in the last quarter. CSS LLC IL increased its stake in shares of Enstar Group by 48.2% during the fourth quarter. CSS LLC IL now owns 3,133 shares of the insurance provider’s stock valued at $1,009,000 after purchasing an additional 1,019 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Enstar Group by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 33,818 shares of the insurance provider’s stock valued at $10,891,000 after purchasing an additional 4,176 shares during the last quarter. Voloridge Investment Management LLC boosted its position in shares of Enstar Group by 15.6% in the 4th quarter. Voloridge Investment Management LLC now owns 13,203 shares of the insurance provider’s stock worth $4,252,000 after purchasing an additional 1,782 shares in the last quarter. Finally, Squarepoint Ops LLC grew its stake in shares of Enstar Group by 244.3% in the 4th quarter. Squarepoint Ops LLC now owns 35,935 shares of the insurance provider’s stock worth $11,573,000 after buying an additional 25,498 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors.

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.