Enstar Group Limited (NASDAQ:ESGR) Shares Acquired by KBC Group NV

KBC Group NV boosted its position in Enstar Group Limited (NASDAQ:ESGR) by 39.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 482 shares of the insurance provider’s stock after acquiring an additional 137 shares during the quarter. KBC Group NV’s holdings in Enstar Group were worth $155,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in ESGR. Glazer Capital LLC acquired a new stake in Enstar Group during the 3rd quarter worth $59,941,000. Alpine Associates Management Inc. purchased a new position in shares of Enstar Group during the third quarter worth about $24,465,000. Slotnik Capital LLC acquired a new stake in shares of Enstar Group during the third quarter worth about $10,291,000. Sequoia Financial Advisors LLC lifted its holdings in shares of Enstar Group by 640.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 26,313 shares of the insurance provider’s stock valued at $8,462,000 after purchasing an additional 22,761 shares during the last quarter. Finally, Syquant Capital Sas acquired a new stake in shares of Enstar Group in the 4th quarter valued at about $5,295,000. Hedge funds and other institutional investors own 81.01% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Enstar Group in a research note on Friday, January 31st. They issued a “hold” rating for the company.

Insider Buying and Selling at Enstar Group

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of Enstar Group stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total value of $32,344.00. Following the sale, the director now owns 2,179 shares of the company’s stock, valued at approximately $704,775.76. The trade was a 4.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 8.00% of the company’s stock.

Enstar Group Trading Up 0.1 %

Shares of Enstar Group stock opened at $327.81 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. The company has a market capitalization of $4.99 billion, a P/E ratio of 4.96 and a beta of 0.64. Enstar Group Limited has a 1 year low of $265.00 and a 1 year high of $348.48. The company’s fifty day moving average is $325.41 and its two-hundred day moving average is $324.11.

Enstar Group (NASDAQ:ESGR) last released its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. The firm had revenue of $177.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

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.