Wealth Enhancement Advisory Services LLC Boosts Holdings in Enstar Group Limited (NASDAQ:ESGR)

Wealth Enhancement Advisory Services LLC grew its position in Enstar Group Limited (NASDAQ:ESGR) by 3.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,838 shares of the insurance provider’s stock after acquiring an additional 59 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Enstar Group were worth $611,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC raised its position in shares of Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider’s stock worth $68,000 after purchasing an additional 31 shares during the last quarter. Vestcor Inc purchased a new position in shares of Enstar Group during the 4th quarter worth approximately $96,000. Sterling Capital Management LLC boosted its position in shares of Enstar Group by 825.0% during the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider’s stock worth $131,000 after purchasing an additional 363 shares during the period. Quantbot Technologies LP purchased a new position in Enstar Group in the 4th quarter valued at approximately $171,000. Finally, Two Sigma Securities LLC purchased a new position in Enstar Group in the 4th quarter valued at approximately $206,000. Institutional investors and hedge funds own 81.01% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other Enstar Group news, Director Hans-Peter Gerhardt sold 407 shares of Enstar Group stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $334.00, for a total value of $135,938.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. 8.00% of the stock is owned by corporate insiders.

Enstar Group Price Performance

Shares of NASDAQ:ESGR opened at $337.91 on Friday. The company’s fifty day moving average price is $335.38 and its 200 day moving average price is $331.53. Enstar Group Limited has a 12 month low of $315.94 and a 12 month high of $348.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.36 and a quick ratio of 0.36. The firm has a market capitalization of $5.04 billion, a P/E ratio of 10.76 and a beta of 0.70.

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.