Enstar Group Limited (NASDAQ:ESGR) Stock Position Increased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC raised its stake in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,793 shares of the insurance provider's stock after acquiring an additional 2,042 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.29% of Enstar Group worth $14,426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ESGR. Xponance Inc. grew its position in shares of Enstar Group by 9.5% during the 4th quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock valued at $293,000 after buying an additional 79 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Enstar Group by 0.8% in the third quarter. Janus Henderson Group PLC now owns 13,026 shares of the insurance provider's stock valued at $4,188,000 after acquiring an additional 98 shares during the period. Swiss National Bank grew its holdings in shares of Enstar Group by 0.4% during the fourth quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock valued at $7,697,000 after purchasing an additional 100 shares during the last quarter. KBC Group NV raised its position in shares of 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 purchasing an additional 137 shares during the period. Finally, Oliver Luxxe Assets LLC lifted its holdings in shares of Enstar Group by 2.6% in the 4th quarter. Oliver Luxxe Assets LLC now owns 6,075 shares of the insurance provider's stock worth $1,956,000 after purchasing an additional 155 shares during the last quarter. Institutional investors own 81.01% of the company's stock.

Insiders Place Their Bets

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 insiders.

Enstar Group Stock Performance

NASDAQ:ESGR traded down $0.51 during mid-day trading on Friday, hitting $331.73. The stock had a trading volume of 36,144 shares, compared to its average volume of 95,362. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The company has a 50 day simple moving average of $331.46 and a 200-day simple moving average of $326.76. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 5.02 and a beta of 0.56. Enstar Group Limited has a 52 week low of $275.02 and a 52 week high of $348.48.

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

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Enstar Group in a research note on Saturday, April 5th. They set a "hold" rating for the company.

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.