Blue Trust Inc. Has $43,000 Stock Position in Enstar Group Limited (NASDAQ:ESGR)

Blue Trust Inc. increased its position in shares of Enstar Group Limited (NASDAQ:ESGR) by 85.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 141 shares of the insurance provider’s stock after purchasing an additional 65 shares during the quarter. Blue Trust Inc.’s holdings in Enstar Group were worth $43,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ESGR. Farmers & Merchants Investments Inc. purchased a new position in Enstar Group in the second quarter valued at about $31,000. GAMMA Investing LLC increased its holdings in Enstar Group by 248.5% during the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 82 shares during the period. CWM LLC increased its holdings in Enstar Group by 57.6% during the 2nd quarter. CWM LLC now owns 186 shares of the insurance provider’s stock worth $57,000 after acquiring an additional 68 shares during the period. HHM Wealth Advisors LLC bought a new stake in Enstar Group during the 2nd quarter worth approximately $80,000. Finally, EntryPoint Capital LLC bought a new stake in Enstar Group during the 1st quarter worth approximately $147,000. 81.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Enstar Group in a report on Sunday, October 27th. They issued a “hold” rating on the stock.

Enstar Group Price Performance

Shares of Enstar Group stock opened at $321.74 on Friday. Enstar Group Limited has a 52-week low of $237.76 and a 52-week high of $348.48. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 5.49 and a beta of 0.66. The company has a fifty day moving average of $322.32 and a 200-day moving average of $315.22. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.31 and a current ratio of 0.31.

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.