Syquant Capital Sas acquired a new stake in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 16,442 shares of the insurance provider's stock, valued at approximately $5,295,000. Enstar Group makes up 7.5% of Syquant Capital Sas' portfolio, making the stock its 4th largest position. Syquant Capital Sas owned about 0.11% of Enstar Group as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. CWM LLC grew its stake in Enstar Group by 22.0% in the 3rd quarter. CWM LLC now owns 227 shares of the insurance provider's stock valued at $73,000 after purchasing an additional 41 shares during the period. US Bancorp DE grew its position in Enstar Group by 40.7% during the third quarter. US Bancorp DE now owns 211 shares of the insurance provider's stock valued at $68,000 after buying an additional 61 shares during the period. Blue Trust Inc. grew its position in Enstar Group by 85.5% during the third quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock valued at $43,000 after buying an additional 65 shares during the period. SG Americas Securities LLC increased its holdings in Enstar Group by 19.9% during the third quarter. SG Americas Securities LLC now owns 488 shares of the insurance provider's stock worth $157,000 after buying an additional 81 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Enstar Group by 248.5% in the third quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider's stock worth $37,000 after acquiring an additional 82 shares during the period. 81.01% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, Director Bernard F. Becker sold 100 shares of Enstar Group stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total value of $32,344.00. Following the completion of the transaction, the director now directly owns 2,179 shares in the company, valued at approximately $704,775.76. The trade was a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.00% of the company's stock.
Enstar Group Stock Performance
NASDAQ:ESGR traded up $0.06 during trading hours on Monday, reaching $326.07. The stock had a trading volume of 113,176 shares, compared to its average volume of 124,097. Enstar Group Limited has a 12-month low of $262.54 and a 12-month high of $348.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a 50 day simple moving average of $324.36 and a 200 day simple moving average of $323.65. The stock has a market cap of $4.97 billion, a P/E ratio of 4.94 and a beta of 0.65.
Enstar Group (NASDAQ:ESGR - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. The business had revenue of $177.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on shares of Enstar Group in a research note on Tuesday, January 7th. They set a "hold" rating for the company.
Read Our Latest Analysis on Enstar Group
About Enstar Group
(
Free Report)
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.
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