Athos Capital Ltd Buys Shares of 7,700 Enstar Group Limited (NASDAQ:ESGR)

Athos Capital Ltd acquired a new position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 7,700 shares of the insurance provider's stock, valued at approximately $2,476,000. Enstar Group makes up about 0.8% of Athos Capital Ltd's portfolio, making the stock its 15th biggest holding. Athos Capital Ltd owned approximately 0.05% of Enstar Group as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Enstar Group by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 793,067 shares of the insurance provider's stock worth $242,442,000 after purchasing an additional 30,831 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Enstar Group by 2.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 412,455 shares of the insurance provider's stock worth $126,087,000 after buying an additional 9,520 shares during the last quarter. Harspring Capital Management LLC increased its position in Enstar Group by 3.6% during the second quarter. Harspring Capital Management LLC now owns 195,000 shares of the insurance provider's stock worth $59,612,000 after buying an additional 6,750 shares during the period. Glazer Capital LLC purchased a new stake in Enstar Group in the third quarter valued at approximately $59,941,000. Finally, American Century Companies Inc. lifted its stake in Enstar Group by 14.0% in the second quarter. American Century Companies Inc. now owns 166,358 shares of the insurance provider's stock valued at $50,856,000 after buying an additional 20,416 shares during the last quarter. Hedge funds and other institutional investors own 81.01% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Enstar Group in a report on Thursday. They issued a "hold" rating on the stock.

Enstar Group Stock Performance

Shares of NASDAQ:ESGR traded up $0.98 during trading on Monday, reaching $325.68. The company had a trading volume of 57,926 shares, compared to its average volume of 74,576. Enstar Group Limited has a fifty-two week low of $262.54 and a fifty-two week high of $348.48. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. The stock's fifty day moving average price is $323.16 and its 200 day moving average price is $319.95. The firm has a market capitalization of $4.96 billion, a price-to-earnings ratio of 4.92 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 EPS 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 $177.00 million during the quarter.

Enstar Group 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.