Sequoia Financial Advisors LLC Grows Stock Holdings in Enstar Group Limited (NASDAQ:ESGR)

Sequoia Financial Advisors LLC increased its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 6.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,057 shares of the insurance provider's stock after buying an additional 1,744 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.18% of Enstar Group worth $9,036,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ESGR. Longfellow Investment Management Co. LLC purchased a new stake in shares of Enstar Group during the 3rd quarter worth $50,000. Key Financial Inc acquired a new position in Enstar Group during the fourth quarter worth about $52,000. US Bancorp DE grew its position in shares of Enstar Group by 40.7% in the third quarter. US Bancorp DE now owns 211 shares of the insurance provider's stock valued at $68,000 after purchasing an additional 61 shares during the last quarter. KBC Group NV lifted its stake in shares of Enstar Group by 39.7% during the fourth quarter. KBC Group NV now owns 482 shares of the insurance provider's stock valued at $155,000 after buying an additional 137 shares during the period. Finally, R Squared Ltd purchased a new position in shares of Enstar Group during the fourth quarter valued at approximately $174,000. Hedge funds and other institutional investors own 81.01% of the company's stock.

Wall Street Analysts Forecast Growth

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

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Enstar Group Trading Up 0.1 %

Shares of NASDAQ:ESGR opened at $331.80 on Thursday. The company has a market cap of $4.94 billion, a PE ratio of 5.02 and a beta of 0.61. The company's 50-day moving average price is $328.76 and its 200 day moving average price is $325.08. Enstar Group Limited has a fifty-two week low of $275.02 and a fifty-two week high of $348.48. 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 (NASDAQ:ESGR - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. The company had revenue of $240.00 million for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

Insider Transactions at Enstar Group

In other news, Director Bernard F. Becker sold 100 shares of Enstar Group 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 transaction, the director now directly owns 2,179 shares of the company's stock, valued at $704,775.76. This trade represents a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 8.00% of the stock is currently owned by insiders.

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.

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