Enstar Group Limited (NASDAQ:ESGR) Stock Holdings Lifted by FIL Ltd

FIL Ltd grew its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 249,790 shares of the insurance provider's stock after purchasing an additional 14,475 shares during the period. FIL Ltd owned 1.64% of Enstar Group worth $80,445,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Enstar Group by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 1,161,518 shares of the insurance provider's stock valued at $374,067,000 after purchasing an additional 3,081 shares during the period. State Street Corp boosted its holdings in shares of Enstar Group by 0.3% in the 3rd quarter. State Street Corp now owns 357,912 shares of the insurance provider's stock valued at $115,101,000 after purchasing an additional 1,130 shares during the last quarter. Norges Bank purchased a new stake in shares of Enstar Group during the 4th quarter valued at $42,516,000. Decagon Asset Management LLP purchased a new position in shares of Enstar Group in the 4th quarter worth $32,614,000. Finally, Alpine Associates Management Inc. raised its position in shares of Enstar Group by 22.9% in the 4th quarter. Alpine Associates Management Inc. now owns 93,476 shares of the insurance provider's stock worth $30,104,000 after buying an additional 17,400 shares during the period. Institutional investors and hedge funds own 81.01% of the company's stock.

Insider Buying and Selling at Enstar Group

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the firm's stock in a transaction dated Tuesday, March 18th. The shares were 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 this hyperlink. 8.00% of the stock is currently owned by company insiders.

Enstar Group Stock Down 0.0 %

ESGR traded down $0.02 on Tuesday, reaching $333.95. The company's stock had a trading volume of 42,497 shares, compared to its average volume of 119,774. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 5.06 and a beta of 0.56. 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 business's 50 day moving average is $331.70 and its 200 day moving average is $326.97. Enstar Group Limited has a 1 year low of $275.02 and a 1 year high of $348.48.

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

Wall Street Analyst Weigh In

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

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.