UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $9.53 Million Stake in Enstar Group Limited (NASDAQ:ESGR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 49.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,642 shares of the insurance provider's stock after acquiring an additional 9,807 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.19% of Enstar Group worth $9,533,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ESGR. Cetera Advisors LLC bought a new position in Enstar Group during the first quarter worth about $322,000. CWM LLC lifted its holdings in shares of Enstar Group by 57.6% in the second quarter. CWM LLC now owns 186 shares of the insurance provider's stock valued at $57,000 after purchasing an additional 68 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Enstar Group by 3.9% in 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 in the last quarter. Catalyst Financial Partners LLC bought a new stake in shares of Enstar Group in the second quarter valued at about $205,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Enstar Group by 12.9% in the second quarter. Bank of New York Mellon Corp now owns 50,956 shares of the insurance provider's stock valued at $15,577,000 after purchasing an additional 5,827 shares in the last quarter. 81.01% of the stock is currently owned by institutional investors.

Enstar Group Stock Down 0.1 %

ESGR traded down $0.44 on Monday, hitting $325.33. 49,980 shares of the company were exchanged, compared to its average volume of 74,836. Enstar Group Limited has a 12 month low of $262.54 and a 12 month high of $348.48. The company has a market cap of $4.95 billion, a PE ratio of 4.92 and a beta of 0.65. 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 stock's fifty day moving average is $323.72 and its 200-day moving average is $320.73.

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

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Enstar Group in a report on Friday. They issued a "hold" rating on the 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.