RBF Capital LLC raised its position in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 81.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,380 shares of the insurance provider's stock after purchasing an additional 6,017 shares during the quarter. RBF Capital LLC owned 0.09% of Enstar Group worth $4,281,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Readystate Asset Management LP bought a new position in shares of Enstar Group in the third quarter valued at approximately $880,000. Polar Asset Management Partners Inc. bought a new position in shares of Enstar Group in the third quarter valued at approximately $4,985,000. Janus Henderson Group PLC lifted its holdings in Enstar Group by 0.8% during the third quarter. Janus Henderson Group PLC now owns 13,026 shares of the insurance provider's stock worth $4,188,000 after acquiring an additional 98 shares during the period. Holocene Advisors LP bought a new stake in Enstar Group during the third quarter worth $471,000. Finally, ClearAlpha Technologies LP purchased a new position in shares of Enstar Group during the 3rd quarter valued at $1,981,000. 81.01% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Thursday, November 28th. They issued a "hold" rating for the company.
Get Our Latest Stock Report on ESGR
Enstar Group Price Performance
Shares of Enstar Group stock traded down $0.38 during trading on Thursday, hitting $326.47. The stock had a trading volume of 13,087 shares, compared to its average volume of 74,893. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 4.95 and a beta of 0.65. Enstar Group Limited has a 12 month low of $262.54 and a 12 month high of $348.48. The business's 50-day moving average is $323.46 and its 200 day moving average is $320.22. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33.
Enstar Group (NASDAQ:ESGR - Get Free Report) last released its quarterly earnings results 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 return on equity of 17.33% and a net margin of 73.26%.
About Enstar Group
(
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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