Enstar Group Limited (NASDAQ:ESGR) Stock Holdings Trimmed by Signaturefd LLC

Signaturefd LLC lessened its position in shares of Enstar Group Limited (NASDAQ:ESGR) by 41.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 99 shares of the insurance provider’s stock after selling 69 shares during the period. Signaturefd LLC’s holdings in Enstar Group were worth $32,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Key Financial Inc acquired a new stake in shares of Enstar Group during the 4th quarter valued at approximately $52,000. Vestcor Inc bought a new stake in Enstar Group during the fourth quarter valued at $96,000. KBC Group NV raised its holdings 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 worth $155,000 after purchasing an additional 137 shares during the period. R Squared Ltd bought a new stake in shares of Enstar Group during the 4th quarter valued at about $174,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Enstar Group by 484.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 877 shares of the insurance provider’s stock valued at $282,000 after buying an additional 727 shares during the last quarter. Institutional investors and hedge funds own 81.01% of the company’s stock.

Insider Activity at Enstar Group

In other news, Director Hiteshkumar R. Patel sold 484 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.00% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Enstar Group in a research report on Thursday, March 20th. They set a “hold” rating on the stock.

Enstar Group Stock Performance

Shares of NASDAQ ESGR opened at $331.93 on Wednesday. Enstar Group Limited has a 12-month low of $275.02 and a 12-month high of $348.48. The company has a market cap of $4.94 billion, a PE ratio of 5.02 and a beta of 0.61. The stock has a 50 day simple moving average of $330.00 and a 200-day simple moving average of $325.67. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33.

Enstar Group (NASDAQ:ESGR) last posted its quarterly earnings data on Thursday, February 27th. The insurance provider reported $17.01 earnings per share for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The business had revenue of $240.00 million during the quarter.

Enstar Group 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.