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

Shares of Enstar Group (ESGR) opened at $195.75 on Friday. The stock has a market cap of $3,802.84, a price-to-earnings ratio of 18.89 and a beta of 0.76. Enstar Group has a one year low of $180.50 and a one year high of $237.30. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.14 and a current ratio of 1.14.

Enstar Group (NASDAQ:ESGR) last issued its earnings results on Wednesday, November 8th. The insurance provider reported $1.81 earnings per share (EPS) for the quarter. The firm had revenue of $215.95 million during the quarter. Enstar Group had a net margin of 20.31% and a return on equity of 6.91%.

Institutional investors and hedge funds have recently modified their holdings of the company. US Bancorp DE boosted its stake in shares of Enstar Group by 1,003.2% during the fourth quarter. US Bancorp DE now owns 684 shares of the insurance provider’s stock valued at $137,000 after purchasing an additional 622 shares during the period. Oppenheimer & Co. Inc. purchased a new stake in shares of Enstar Group during the third quarter valued at $206,000. Advisory Services Network LLC boosted its stake in shares of Enstar Group by 1.8% during the second quarter. Advisory Services Network LLC now owns 1,071 shares of the insurance provider’s stock valued at $213,000 after purchasing an additional 19 shares during the period. Chase Investment Counsel Corp purchased a new stake in shares of Enstar Group during the third quarter valued at $222,000. Finally, Virtu Financial LLC purchased a new stake in shares of Enstar Group during the fourth quarter valued at $236,000. 87.72% of the stock is owned by hedge funds and other institutional investors.

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About Enstar Group

Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other international locations. The Company’s segments include Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

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