Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 6.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 758,159 shares of the insurance provider's stock after selling 54,094 shares during the period. Dimensional Fund Advisors LP owned approximately 4.98% of Enstar Group worth $244,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in ESGR. Key Financial Inc acquired a new stake in shares of Enstar Group during the 4th quarter worth about $52,000. NewEdge Advisors LLC increased its holdings in Enstar Group by 17.1% in the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after purchasing an additional 31 shares during the last quarter. Vestcor Inc purchased a new stake in Enstar Group in the fourth quarter valued at approximately $96,000. Sterling Capital Management LLC grew its stake in shares of Enstar Group by 825.0% in the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock valued at $131,000 after buying an additional 363 shares in the last quarter. Finally, KBC Group NV lifted its stake in Enstar Group by 39.7% during the 4th quarter. KBC Group NV now owns 482 shares of the insurance provider's stock worth $155,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 81.01% of the company's stock.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, Director Hiteshkumar R. Patel sold 484 shares of Enstar Group stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total transaction of $160,770.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 8.00% of the stock is owned by company insiders.

Enstar Group Stock Down 0.1 %

NASDAQ ESGR traded down $0.45 during trading hours on Thursday, hitting $333.70. 63,278 shares of the company were exchanged, compared to its average volume of 97,753. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 5.05 and a beta of 0.56. The company has a 50 day moving average of $332.46 and a two-hundred day moving average of $327.59. Enstar Group Limited has a 52-week low of $286.80 and a 52-week high of $348.48.

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 (EPS) for the quarter. The company had revenue of $240.00 million during 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.