Enstar Group Ltd. (NASDAQ:ESGR) hit a new 52-week low on Tuesday . The stock traded as low as $183.33 and last traded at $183.62, with a volume of 610 shares traded. The stock had previously closed at $186.85.
Several equities research analysts have weighed in on ESGR shares. BidaskClub raised Enstar Group from a “hold” rating to a “buy” rating in a research report on Friday, August 17th. TheStreet raised Enstar Group from a “c+” rating to a “b” rating in a research report on Tuesday, August 7th.
The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 19.74 and a beta of 0.69. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.08 and a quick ratio of 1.08.
Enstar Group (NASDAQ:ESGR) last announced its quarterly earnings results on Thursday, August 2nd. The insurance provider reported $4.01 earnings per share for the quarter. The company had revenue of $309.93 million for the quarter. Enstar Group had a return on equity of 6.02% and a net margin of 14.62%.
In other Enstar Group news, Director Robert J. Campbell sold 200 shares of the stock in a transaction dated Friday, August 24th. The stock was sold at an average price of $213.00, for a total transaction of $42,600.00. Following the sale, the director now directly owns 44,256 shares of the company’s stock, valued at approximately $9,426,528. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 10.00% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently made changes to their positions in the business. Manning & Napier Group LLC acquired a new stake in Enstar Group during the 3rd quarter worth about $323,000. Xact Kapitalforvaltning AB acquired a new stake in Enstar Group during the 1st quarter worth about $333,000. GSA Capital Partners LLP acquired a new stake in shares of Enstar Group during the 1st quarter valued at about $339,000. SG Americas Securities LLC grew its position in shares of Enstar Group by 40.4% during the 2nd quarter. SG Americas Securities LLC now owns 1,691 shares of the insurance provider’s stock valued at $351,000 after acquiring an additional 487 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of Enstar Group by 42.2% during the 1st quarter. Principal Financial Group Inc. now owns 1,702 shares of the insurance provider’s stock valued at $358,000 after acquiring an additional 505 shares during the period. 71.02% of the stock is currently owned by institutional investors.
About Enstar Group (NASDAQ:ESGR)
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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