Barclays PLC Buys 14,867 Shares of Enstar Group Limited (NASDAQ:ESGR)

Barclays PLC grew its position in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 319.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,524 shares of the insurance provider's stock after acquiring an additional 14,867 shares during the period. Barclays PLC owned 0.13% of Enstar Group worth $6,278,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Glazer Capital LLC bought a new stake in Enstar Group during the 3rd quarter worth about $59,941,000. Alpine Associates Management Inc. bought a new stake in shares of Enstar Group during the third quarter valued at approximately $24,465,000. Slotnik Capital LLC acquired a new stake in shares of Enstar Group in the third quarter valued at approximately $10,291,000. Dimensional Fund Advisors LP raised its position in Enstar Group by 4.0% in the 2nd 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 during the last quarter. Finally, Edgestream Partners L.P. acquired a new position in Enstar Group during the 2nd quarter worth $7,394,000. 81.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Enstar Group in a research note on Saturday, December 14th. They issued a "hold" rating for the company.

Insider Activity at Enstar Group

In related news, Director Bernard F. Becker sold 100 shares of the business's stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $323.44, for a total transaction of $32,344.00. Following the completion of the transaction, the director now 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 this link. 8.00% of the stock is currently owned by corporate insiders.

Enstar Group Trading Down 0.3 %

Enstar Group stock traded down $0.84 during trading hours on Friday, reaching $321.95. 149,349 shares of the company's stock traded hands, compared to its average volume of 76,265. Enstar Group Limited has a fifty-two week low of $262.54 and a fifty-two week high of $348.48. The firm's 50 day moving average is $324.26 and its 200-day moving average is $321.39. 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 firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of 4.87 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 firm had revenue of $177.00 million for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

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.