Enstar Group Limited (NASDAQ:ESGR) Holdings Decreased by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its position in Enstar Group Limited (NASDAQ:ESGR) by 58.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,944 shares of the insurance provider’s stock after selling 4,130 shares during the quarter. Victory Capital Management Inc.’s holdings in Enstar Group were worth $947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in ESGR. Entropy Technologies LP bought a new position in Enstar Group during the 3rd quarter worth $407,000. Wolverine Asset Management LLC bought a new position in Enstar Group during the 3rd quarter worth $497,000. State of New Jersey Common Pension Fund D grew its stake in Enstar Group by 1.6% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 6,110 shares of the insurance provider’s stock worth $1,965,000 after buying an additional 94 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in Enstar Group by 36.3% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 25,905 shares of the insurance provider’s stock worth $8,331,000 after buying an additional 6,897 shares during the last quarter. Finally, US Bancorp DE grew its stake in Enstar Group by 40.7% during the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider’s stock worth $68,000 after buying an additional 61 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors.

Enstar Group Price Performance

Shares of ESGR opened at $325.35 on Thursday. The company has a market cap of $4.96 billion, a P/E ratio of 4.93 and a beta of 0.65. The stock has a fifty day moving average price of $322.85 and a 200 day moving average price of $319.62. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. Enstar Group Limited has a 12 month low of $262.54 and a 12 month high of $348.48.

Enstar Group (NASDAQ:ESGR) last announced its quarterly 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 company had revenue of $177.00 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Enstar Group in a research note on Thursday. They set a “hold” rating for the company.

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.