Enstar Group (ESGR) Upgraded at BidaskClub

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

Separately, TheStreet upgraded Enstar Group from a c+ rating to a b rating in a report on Tuesday, August 7th.

Shares of NASDAQ:ESGR opened at $176.97 on Thursday. 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 has a 1 year low of $173.99 and a 1 year high of $228.35. The stock has a market cap of $3.80 billion, a PE ratio of 23.07 and a beta of 0.85.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Enstar Group by 7.2% during the 3rd quarter. Vanguard Group Inc. now owns 937,209 shares of the insurance provider’s stock worth $195,408,000 after purchasing an additional 63,170 shares during the period. Teachers Advisors LLC grew its holdings in shares of Enstar Group by 2.4% during the 3rd quarter. Teachers Advisors LLC now owns 23,965 shares of the insurance provider’s stock worth $4,997,000 after purchasing an additional 567 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Enstar Group during the 3rd quarter worth about $365,000. AQR Capital Management LLC grew its holdings in shares of Enstar Group by 8.2% during the 3rd quarter. AQR Capital Management LLC now owns 18,170 shares of the insurance provider’s stock worth $3,788,000 after purchasing an additional 1,373 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Enstar Group during the 3rd quarter worth about $420,000. Institutional investors and hedge funds own 71.75% of the company’s stock.

About Enstar Group

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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