Enstar Group Limited (NASDAQ:ESGR - Get Free Report) Director Hiteshkumar R. Patel sold 484 shares of the company's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total value of $160,770.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Enstar Group Stock Performance
NASDAQ:ESGR opened at $332.00 on Thursday. 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 $4.94 billion, a PE ratio of 5.03 and a beta of 0.61. The firm's fifty day simple moving average is $329.54 and its 200 day simple moving average is $325.35. Enstar Group Limited has a 1 year low of $275.02 and a 1 year high of $348.48.
Enstar Group (NASDAQ:ESGR - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. The company had revenue of $240.00 million during the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.
Institutional Trading of Enstar Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in ESGR. NewEdge Advisors LLC grew its stake in shares of Enstar Group by 17.1% in the fourth quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after acquiring an additional 31 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in shares of Enstar Group by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock valued at $427,000 after acquiring an additional 42 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Enstar Group by 2.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,779 shares of the insurance provider's stock valued at $573,000 after purchasing an additional 43 shares in the last quarter. Xponance Inc. grew its stake in shares of Enstar Group by 9.5% in the 4th quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock worth $293,000 after acquiring an additional 79 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in Enstar Group by 2.3% during the third quarter. Cerity Partners LLC now owns 4,052 shares of the insurance provider's stock valued at $1,303,000 after purchasing an additional 90 shares during the last quarter. 81.01% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on shares of Enstar Group in a report on Thursday. They set a "hold" rating for the company.
Get Our Latest Research Report on Enstar Group
Enstar Group Company Profile
(
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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.
Further Reading
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