Tokio Marine Asset Management Co. Ltd. Makes New Investment in Enstar Group Limited (NASDAQ:ESGR)

Tokio Marine Asset Management Co. Ltd. purchased a new stake in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,600 shares of the insurance provider's stock, valued at approximately $5,346,000. Tokio Marine Asset Management Co. Ltd. owned approximately 0.11% of Enstar Group at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ESGR. CWM LLC boosted its holdings in shares of Enstar Group by 22.0% in the third quarter. CWM LLC now owns 227 shares of the insurance provider's stock valued at $73,000 after acquiring an additional 41 shares in the last quarter. US Bancorp DE increased its position in Enstar Group by 40.7% in the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider's stock worth $68,000 after buying an additional 61 shares during the period. Blue Trust Inc. raised 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 valued at $43,000 after purchasing an additional 65 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Enstar Group by 19.9% during the 3rd quarter. SG Americas Securities LLC now owns 488 shares of the insurance provider's stock worth $157,000 after acquiring an additional 81 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Enstar Group by 248.5% during the third 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. Institutional investors own 81.01% of the company's stock.

Enstar Group Stock Up 0.1 %

ESGR traded up $0.48 during trading on Wednesday, reaching $327.63. The company had a trading volume of 19,918 shares, compared to its average volume of 92,245. The company has a market cap of $4.99 billion, a P/E ratio of 4.96 and a beta of 0.64. Enstar Group Limited has a 12 month low of $265.00 and a 12 month high of $348.48. The business's fifty day moving average price is $325.32 and its 200 day moving average price is $324.06. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33.

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

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Enstar Group in a research note on Friday, January 31st. They issued a "hold" rating for the company.

Insiders Place Their Bets

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of Enstar Group stock in a transaction dated 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 owns 2,179 shares of the company's stock, valued at approximately $704,775.76. The trade was a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 8.00% of the company's stock.

About Enstar Group

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.