Wealth Enhancement Advisory Services LLC Buys 43 Shares of Enstar Group Limited (NASDAQ:ESGR)

Wealth Enhancement Advisory Services LLC boosted its stake in Enstar Group Limited (NASDAQ:ESGR) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,779 shares of the insurance provider’s stock after purchasing an additional 43 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Enstar Group were worth $573,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Key Financial Inc bought a new position in Enstar Group in the 4th quarter worth about $52,000. NewEdge Advisors LLC raised its holdings in shares of Enstar Group by 17.1% in the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider’s stock valued at $68,000 after acquiring an additional 31 shares in the last quarter. Vestcor Inc purchased a new stake in shares of Enstar Group in the 4th quarter valued at about $96,000. Sterling Capital Management LLC raised its holdings in shares of Enstar Group by 825.0% in the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider’s stock valued at $131,000 after acquiring an additional 363 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Enstar Group in the 4th quarter valued at about $171,000. Institutional investors own 81.01% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen began coverage on Enstar Group in a report on Saturday, April 5th. They issued a “hold” rating on the stock.

Enstar Group Stock Performance

NASDAQ:ESGR opened at $335.70 on Thursday. The business’s 50-day moving average price is $334.19 and its two-hundred day moving average price is $330.22. Enstar Group Limited has a twelve month low of $291.90 and a twelve month high of $348.48. The stock has a market cap of $5.01 billion, a P/E ratio of 5.08 and a beta of 0.71. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33.

Insider Buying and Selling at Enstar Group

In related news, Director Hiteshkumar R. Patel sold 484 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total transaction of $160,770.28. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Hans-Peter Gerhardt sold 407 shares of the firm’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $334.00, for a total value of $135,938.00. The disclosure for this sale can be found here. Insiders own 8.00% of the company’s stock.

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.