BNP Paribas Financial Markets lifted its holdings in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 35.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,469 shares of the insurance provider's stock after purchasing an additional 1,692 shares during the quarter. BNP Paribas Financial Markets' holdings in Enstar Group were worth $2,080,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in ESGR. Farmers & Merchants Investments Inc. purchased a new position in shares of Enstar Group in the 2nd quarter valued at $31,000. GAMMA Investing LLC lifted its position in shares of Enstar Group by 248.5% during the third quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider's stock worth $37,000 after purchasing an additional 82 shares in the last quarter. Blue Trust Inc. increased its stake in Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock worth $43,000 after buying an additional 65 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Enstar Group during the third quarter valued at about $48,000. Finally, Longfellow Investment Management Co. LLC acquired a new stake in Enstar Group during the 3rd quarter valued at approximately $50,000. Hedge funds and other institutional investors own 81.01% of the company's stock.
Enstar Group Stock Performance
Shares of ESGR stock traded up $0.11 on Friday, hitting $325.77. 58,140 shares of the stock traded hands, compared to its average volume of 72,520. The company has a market capitalization of $4.96 billion, a PE ratio of 4.93 and a beta of 0.65. The company's fifty day moving average is $323.64 and its 200 day moving average is $320.41. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. Enstar Group Limited has a 1-year low of $262.54 and a 1-year high of $348.48.
Enstar Group (NASDAQ:ESGR - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share 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%.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Enstar Group in a report on Friday. They set a "hold" rating for the company.
View Our Latest Report on ESGR
Enstar Group Profile
(
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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