Guardian Wealth Management Inc. Has $822,000 Holdings in Enstar Group Limited (NASDAQ:ESGR)

Guardian Wealth Management Inc. decreased its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 83.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,555 shares of the insurance provider's stock after selling 12,459 shares during the period. Guardian Wealth Management Inc.'s holdings in Enstar Group were worth $822,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. bought a new position in Enstar Group in the second quarter valued at approximately $31,000. GAMMA Investing LLC boosted its stake in Enstar Group by 248.5% in the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider's stock worth $37,000 after purchasing an additional 82 shares during the period. Blue Trust Inc. increased its holdings in Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock worth $43,000 after purchasing an additional 65 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Enstar Group in the third quarter valued at about $48,000. Finally, Longfellow Investment Management Co. LLC acquired a new position in shares of Enstar Group during the third quarter worth about $50,000. Institutional investors own 81.01% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Enstar Group in a research report on Friday. They set a "hold" rating for the company.

Enstar Group Stock Down 0.1 %

ESGR traded down $0.44 during trading hours on Monday, hitting $325.33. 49,980 shares of the company's stock were exchanged, compared to its average volume of 74,836. The stock's 50-day moving average is $323.64 and its two-hundred day moving average is $320.58. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. Enstar Group Limited has a 1-year low of $262.54 and a 1-year high of $348.48. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of 4.93 and a beta of 0.65.

Enstar Group (NASDAQ:ESGR - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 EPS for the quarter. The firm had revenue of $177.00 million during the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

Enstar Group 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.