Enstar Group (ESGR) Downgraded by BidaskClub

BidaskClub cut shares of Enstar Group (NASDAQ:ESGR) from a hold rating to a sell rating in a research note issued to investors on Friday.

Separately, TheStreet cut shares of Enstar Group from a b rating to a c+ rating in a research note on Wednesday, October 24th.

ESGR opened at $176.17 on Friday. The firm has a market cap of $3.76 billion, a P/E ratio of 22.85 and a beta of 0.85. Enstar Group has a fifty-two week low of $173.48 and a fifty-two week high of $228.32. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 1.06.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings data on Thursday, November 8th. The insurance provider reported ($0.12) EPS for the quarter. Enstar Group had a return on equity of 4.81% and a net margin of 8.66%. The business had revenue of $352.52 million during the quarter.

Several large investors have recently modified their holdings of the business. FMR LLC grew its stake in shares of Enstar Group by 3.7% in the 3rd quarter. FMR LLC now owns 1,249,751 shares of the insurance provider’s stock worth $260,573,000 after buying an additional 45,126 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Enstar Group by 7.2% in the 3rd quarter. Vanguard Group Inc. now owns 937,209 shares of the insurance provider’s stock worth $195,408,000 after buying an additional 63,170 shares in the last quarter. BlackRock Inc. grew its stake in shares of Enstar Group by 8.2% in the 3rd quarter. BlackRock Inc. now owns 858,593 shares of the insurance provider’s stock worth $179,017,000 after buying an additional 65,332 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Enstar Group by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 360,528 shares of the insurance provider’s stock worth $74,737,000 after buying an additional 13,643 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. grew its stake in shares of Enstar Group by 4.3% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 280,332 shares of the insurance provider’s stock worth $58,113,000 after buying an additional 11,678 shares in the last quarter. 71.75% of the stock is owned by institutional investors and hedge funds.

Enstar Group Company Profile

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.

Featured Article: Asset Allocation and Your Retirement

Receive News & Ratings for Enstar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enstar Group and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit