Arrowstreet Capital Limited Partnership Has $1.58 Million Position in Enstar Group Limited (NASDAQ:ESGR)

Arrowstreet Capital Limited Partnership reduced its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 83.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,909 shares of the insurance provider's stock after selling 24,017 shares during the period. Arrowstreet Capital Limited Partnership's holdings in Enstar Group were worth $1,581,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Key Financial Inc bought a new position in shares of Enstar Group in the 4th quarter worth about $52,000. Vestcor Inc bought a new position in shares of Enstar Group during the fourth quarter valued at approximately $96,000. KBC Group NV lifted its holdings in shares of Enstar Group by 39.7% in the 4th quarter. KBC Group NV now owns 482 shares of the insurance provider's stock worth $155,000 after purchasing an additional 137 shares during the last quarter. Quantbot Technologies LP acquired a new position in Enstar Group during the 4th quarter valued at approximately $171,000. Finally, R Squared Ltd acquired a new stake in Enstar Group in the fourth quarter worth $174,000. Institutional investors and hedge funds own 81.01% of the company's stock.

Enstar Group Stock Performance

ESGR stock traded down $0.15 during trading on Wednesday, reaching $333.48. 18,137 shares of the company's stock were exchanged, compared to its average volume of 96,234. The firm has a market cap of $4.96 billion, a PE ratio of 5.05 and a beta of 0.56. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. Enstar Group Limited has a 1-year low of $275.02 and a 1-year high of $348.48. The company's fifty day moving average price is $331.82 and its 200-day moving average price is $327.01.

Enstar Group (NASDAQ:ESGR - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 earnings per share for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The company had revenue of $240.00 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Enstar Group in a research report on Saturday, April 5th. They issued a "hold" rating for the company.

Insider Buying and Selling at Enstar Group

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.00% of the stock is owned by corporate insiders.

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.