Captrust Financial Advisors Takes $850,000 Position in Enstar Group Limited (NASDAQ:ESGR)

Captrust Financial Advisors bought a new position in Enstar Group Limited (NASDAQ:ESGR - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm bought 2,644 shares of the insurance provider's stock, valued at approximately $850,000.

Other hedge funds have also bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its holdings in shares of Enstar Group by 640.8% in the third quarter. Sequoia Financial Advisors LLC now owns 26,313 shares of the insurance provider's stock valued at $8,462,000 after purchasing an additional 22,761 shares in the last quarter. Harspring Capital Management LLC boosted its holdings in Enstar Group by 3.6% during the 2nd quarter. Harspring Capital Management LLC now owns 195,000 shares of the insurance provider's stock worth $59,612,000 after acquiring an additional 6,750 shares during the last quarter. Citigroup Inc. grew its stake in shares of Enstar Group by 10.6% in the 3rd quarter. Citigroup Inc. now owns 12,485 shares of the insurance provider's stock worth $4,015,000 after acquiring an additional 1,198 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Enstar Group by 2.3% in the third quarter. Cerity Partners LLC now owns 4,052 shares of the insurance provider's stock valued at $1,303,000 after purchasing an additional 90 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Enstar Group by 2.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 412,455 shares of the insurance provider's stock valued at $126,087,000 after purchasing an additional 9,520 shares in the last quarter. Institutional investors and hedge funds own 81.01% of the company's stock.

Enstar Group Price Performance

Shares of NASDAQ:ESGR traded up $1.25 on Tuesday, hitting $326.58. The company's stock had a trading volume of 77,004 shares, compared to its average volume of 74,845. Enstar Group Limited has a 1 year low of $262.54 and a 1 year 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 company has a market capitalization of $4.97 billion, a PE ratio of 4.94 and a beta of 0.65. The company has a 50-day simple moving average of $323.84 and a 200 day simple moving average of $320.85.

Enstar Group (NASDAQ:ESGR - Get Free Report) last released its earnings results on Tuesday, November 12th. The insurance provider reported $8.51 EPS for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%. The business had revenue of $177.00 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Enstar Group in a research report on Friday. They set a "hold" rating for the company.

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.