Enstar Group Limited (NASDAQ:ESGR) Stake Trimmed by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P lessened its position in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 34.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,010 shares of the insurance provider's stock after selling 11,516 shares during the period. Loomis Sayles & Co. L P owned approximately 0.14% of Enstar Group worth $7,078,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ESGR. Daiwa Securities Group Inc. boosted its position in shares of Enstar Group by 0.5% during the second quarter. Daiwa Securities Group Inc. now owns 6,958 shares of the insurance provider's stock worth $2,127,000 after buying an additional 38 shares during the period. CWM LLC boosted its position in Enstar Group by 22.0% during the 3rd quarter. CWM LLC now owns 227 shares of the insurance provider's stock worth $73,000 after acquiring an additional 41 shares during the period. US Bancorp DE boosted its position in Enstar Group by 40.7% during the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider's stock worth $68,000 after acquiring an additional 61 shares during the period. Arizona State Retirement System grew its stake in shares of Enstar Group by 1.9% in the second quarter. Arizona State Retirement System now owns 3,404 shares of the insurance provider's stock worth $1,041,000 after purchasing an additional 63 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Enstar Group by 3.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,721 shares of the insurance provider's stock valued at $526,000 after purchasing an additional 65 shares during the period. 81.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Enstar Group in a report on Thursday. They issued a "hold" rating for the company.

Enstar Group Stock Down 0.1 %

Shares of ESGR stock opened at $325.35 on Thursday. Enstar Group Limited has a 1 year low of $262.54 and a 1 year high of $348.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. The business's fifty day moving average is $322.98 and its 200-day moving average is $319.66. The stock has a market cap of $4.96 billion, a PE 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 earnings per share for the quarter. The company had revenue of $177.00 million during the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

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.