Enstar Group (NASDAQ:ESGR) Hits New 12-Month High at $312.17

Enstar Group Limited (NASDAQ:ESGR) shares reached a new 52-week high on Thursday . The company traded as high as $312.17 and last traded at $311.90, with a volume of 6040 shares traded. The stock had previously closed at $307.86.

Wall Street Analyst Weigh In

Several research firms have weighed in on ESGR. StockNews.com lowered shares of Enstar Group from a “buy” rating to a “hold” rating in a report on Thursday, February 29th. TheStreet upgraded shares of Enstar Group from a “c” rating to a “b-” rating in a research note on Monday, December 4th.

Enstar Group Price Performance

The stock’s fifty day moving average price is $287.22 and its 200-day moving average price is $270.81. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.33 and a current ratio of 0.33. The firm has a market cap of $4.72 billion, a PE ratio of 4.51 and a beta of 0.66.

Enstar Group (NASDAQ:ESGR) last posted its earnings results on Tuesday, February 20th. The insurance provider reported $31.02 earnings per share for the quarter. Enstar Group had a net margin of 78.24% and a return on equity of 24.87%. The firm had revenue of $186.00 million during the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its holdings in Enstar Group by 3.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,869 shares of the insurance provider’s stock valued at $2,317,000 after acquiring an additional 253 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Enstar Group by 2.0% in the 4th quarter. Legal & General Group Plc now owns 11,226 shares of the insurance provider’s stock worth $3,304,000 after acquiring an additional 221 shares during the period. Barclays PLC grew its position in Enstar Group by 349.7% in the 4th quarter. Barclays PLC now owns 18,588 shares of the insurance provider’s stock valued at $5,471,000 after buying an additional 14,455 shares in the last quarter. Perpetual Ltd boosted its position in shares of Enstar Group by 32.3% during the 4th quarter. Perpetual Ltd now owns 4,100 shares of the insurance provider’s stock valued at $1,207,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Enstar Group by 1.2% in the fourth quarter. Voya Investment Management LLC now owns 4,791 shares of the insurance provider’s stock worth $1,410,000 after buying an additional 59 shares during the period. 81.01% 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 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.