Sanctuary Advisors LLC Purchases Shares of 1,684 Enstar Group Limited (NASDAQ:ESGR)

Sanctuary Advisors LLC bought a new position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,684 shares of the insurance provider's stock, valued at approximately $547,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. acquired a new position in shares of Enstar Group in the 2nd quarter valued at about $31,000. GAMMA Investing LLC boosted its holdings in Enstar Group by 248.5% during the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider's stock worth $37,000 after acquiring an additional 82 shares during the last quarter. Blue Trust Inc. boosted its holdings in Enstar Group by 85.5% during the third quarter. Blue Trust Inc. now owns 141 shares of the insurance provider's stock worth $43,000 after purchasing an additional 65 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Enstar Group in the 3rd quarter worth approximately $48,000. Finally, Longfellow Investment Management Co. LLC bought a new position in Enstar Group in the 3rd quarter valued at $50,000. 81.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Enstar Group Stock Performance

Shares of ESGR stock traded down $0.35 during trading on Thursday, reaching $321.80. 53,563 shares of the company's stock traded hands, compared to its average volume of 76,203. The firm's 50-day moving average is $324.21 and its 200 day moving average is $321.92. The company has a market capitalization of $4.90 billion, a P/E ratio of 4.87 and a beta of 0.65. Enstar Group Limited has a 1 year low of $262.54 and a 1 year high of $348.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33.

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

Insiders Place Their Bets

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $323.44, for a total value of $32,344.00. Following the sale, the director now directly owns 2,179 shares in the company, valued at $704,775.76. This represents a 4.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.00% of the stock is owned by corporate insiders.

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.