Harbor Capital Advisors Inc. boosted its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 36.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,905 shares of the insurance provider's stock after acquiring an additional 6,897 shares during the period. Harbor Capital Advisors Inc. owned 0.17% of Enstar Group worth $8,331,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of ESGR. Farmers & Merchants Investments Inc. bought a new position in shares of Enstar Group in the second quarter worth about $31,000. GAMMA Investing LLC boosted its position in shares of Enstar Group by 248.5% in the third quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider's stock valued at $37,000 after acquiring an additional 82 shares during the period. Blue Trust Inc. grew its stake in shares of Enstar Group by 85.5% in the third quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock worth $43,000 after acquiring an additional 65 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Enstar Group during the third quarter worth $48,000. Finally, CWM LLC raised its stake in Enstar Group by 57.6% during the 2nd quarter. CWM LLC now owns 186 shares of the insurance provider's stock valued at $57,000 after purchasing an additional 68 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors.
Enstar Group Stock Performance
ESGR stock traded down $0.76 during midday trading on Friday, hitting $321.74. The stock had a trading volume of 68,931 shares, compared to its average volume of 57,112. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of 5.49 and a beta of 0.65. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. The stock has a 50-day simple moving average of $322.22 and a 200 day simple moving average of $315.74. Enstar Group Limited has a 52 week low of $237.76 and a 52 week high of $348.48.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Enstar Group in a research note on Sunday, October 27th. They issued a "hold" rating for the company.
Get Our Latest Research Report on Enstar Group
About Enstar Group
(
Free Report)
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.
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