Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lessened its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 301,646 shares of the insurance provider's stock after selling 1,453 shares during the period. Geode Capital Management LLC owned approximately 1.98% of Enstar Group worth $97,166,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ESGR. Janus Henderson Group PLC grew its holdings in shares of Enstar Group by 0.8% during the 3rd quarter. Janus Henderson Group PLC now owns 13,026 shares of the insurance provider's stock worth $4,188,000 after purchasing an additional 98 shares during the period. State Street Corp grew its stake in Enstar Group by 0.3% during the third quarter. State Street Corp now owns 357,912 shares of the insurance provider's stock worth $115,101,000 after buying an additional 1,130 shares during the period. XTX Topco Ltd increased its position in shares of Enstar Group by 42.6% in the third quarter. XTX Topco Ltd now owns 1,648 shares of the insurance provider's stock worth $530,000 after acquiring an additional 492 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Enstar Group in the 3rd quarter valued at $2,885,000. Finally, Barclays PLC lifted its holdings in shares of Enstar Group by 319.2% during the 3rd quarter. Barclays PLC now owns 19,524 shares of the insurance provider's stock valued at $6,278,000 after acquiring an additional 14,867 shares in the last quarter. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Enstar Group Stock Down 0.0 %

Enstar Group stock traded down $0.05 during midday trading on Tuesday, hitting $333.93. 9,444 shares of the company were exchanged, compared to its average volume of 96,048. The company has a market cap of $4.97 billion, a PE ratio of 5.06 and a beta of 0.56. Enstar Group Limited has a fifty-two week low of $275.02 and a fifty-two week high of $348.48. The company's fifty day moving average price is $331.70 and its 200-day moving average price is $326.97. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33.

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

Insider Buying and Selling at Enstar Group

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total value of $160,770.28. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.00% of the stock is currently owned by corporate insiders.

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.