Enstar Group (NASDAQ:ESGR) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Shares of Enstar Group (ESGR) opened at $215.25 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.22. Enstar Group has a fifty-two week low of $180.50 and a fifty-two week high of $237.30. The firm has a market cap of $4,042.76, a PE ratio of 20.09 and a beta of 0.82.

Several institutional investors and hedge funds have recently bought and sold shares of ESGR. Oppenheimer & Co. Inc. acquired a new position in Enstar Group during the 3rd quarter worth about $206,000. Advisory Services Network LLC lifted its position in Enstar Group by 1.8% during the 2nd quarter. Advisory Services Network LLC now owns 1,071 shares of the insurance provider’s stock worth $213,000 after buying an additional 19 shares in the last quarter. Chase Investment Counsel Corp acquired a new position in Enstar Group during the 3rd quarter valued at about $222,000. BNP Paribas Arbitrage SA lifted its position in Enstar Group by 652.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,340 shares of the insurance provider’s stock valued at $266,000 after purchasing an additional 1,162 shares during the period. Finally, HPM Partners LLC lifted its position in Enstar Group by 3.2% during the 2nd quarter. HPM Partners LLC now owns 1,393 shares of the insurance provider’s stock valued at $277,000 after purchasing an additional 43 shares during the period. 87.75% of the stock is currently owned by institutional investors and hedge funds.

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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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