Gamco Investors INC. ET AL Increases Stock Position in Enstar Group Limited (NASDAQ:ESGR)

Gamco Investors INC. ET AL grew its holdings in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 53.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,200 shares of the insurance provider's stock after buying an additional 3,550 shares during the period. Gamco Investors INC. ET AL owned 0.07% of Enstar Group worth $3,285,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ESGR. Gabelli Funds LLC grew its holdings in Enstar Group by 41.2% in the 4th quarter. Gabelli Funds LLC now owns 27,363 shares of the insurance provider's stock valued at $8,812,000 after buying an additional 7,985 shares in the last quarter. Barclays PLC grew its holdings in Enstar Group by 27.7% in the 4th quarter. Barclays PLC now owns 24,934 shares of the insurance provider's stock valued at $8,030,000 after buying an additional 5,410 shares in the last quarter. Summit Investment Advisors Inc. grew its holdings in Enstar Group by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock valued at $427,000 after buying an additional 42 shares in the last quarter. Bragg Financial Advisors Inc grew its holdings in Enstar Group by 0.8% in the 4th quarter. Bragg Financial Advisors Inc now owns 66,005 shares of the insurance provider's stock valued at $21,257,000 after buying an additional 520 shares in the last quarter. Finally, Water Island Capital LLC grew its holdings in Enstar Group by 14.1% in the 4th quarter. Water Island Capital LLC now owns 44,327 shares of the insurance provider's stock valued at $14,276,000 after buying an additional 5,478 shares in the last quarter. 81.01% of the stock is currently owned by institutional investors.

Enstar Group Trading Down 0.0 %

Enstar Group stock traded down $0.03 during trading hours on Wednesday, hitting $334.43. The stock had a trading volume of 5,986 shares, compared to its average volume of 116,669. 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 stock has a market cap of $4.98 billion, a price-to-earnings ratio of 5.06 and a beta of 0.56. Enstar Group Limited has a one year low of $286.80 and a one year high of $348.48. The business's 50 day simple moving average is $332.34 and its 200-day simple moving average is $327.46.

Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%. The firm had revenue of $240.00 million during the quarter.

Insider Buying and Selling

In related news, Director Hiteshkumar R. Patel sold 484 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 8.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Enstar Group in a report on Saturday, April 5th. They set a "hold" rating on the stock.

About Enstar Group

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.