Enstar Group Limited (NASDAQ:ESGR) Holdings Cut by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its stake in shares of Enstar Group Limited (NASDAQ:ESGR) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,124 shares of the insurance provider’s stock after selling 8,444 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.78% of Enstar Group worth $38,364,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE lifted its holdings in shares of Enstar Group by 40.7% in the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider’s stock worth $68,000 after purchasing an additional 61 shares during the last quarter. Cerity Partners LLC lifted its stake in Enstar Group by 2.3% in the third quarter. Cerity Partners LLC now owns 4,052 shares of the insurance provider’s stock valued at $1,303,000 after buying an additional 90 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its stake in Enstar Group by 1.6% in the third quarter. State of New Jersey Common Pension Fund D now owns 6,110 shares of the insurance provider’s stock valued at $1,965,000 after buying an additional 94 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Enstar Group by 0.8% in the third quarter. Janus Henderson Group PLC now owns 13,026 shares of the insurance provider’s stock valued at $4,188,000 after buying an additional 98 shares during the last quarter. Finally, KBC Group NV lifted its stake in Enstar Group by 39.7% in the fourth quarter. KBC Group NV now owns 482 shares of the insurance provider’s stock valued at $155,000 after buying an additional 137 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $323.44, for a total transaction of $32,344.00. Following the sale, the director now directly owns 2,179 shares in the company, valued at approximately $704,775.76. The trade was a 4.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 8.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Enstar Group in a research report on Wednesday. They issued a “hold” rating on the stock.

Enstar Group Stock Performance

ESGR opened at $331.94 on Friday. The business’s 50 day moving average is $329.23 and its 200-day moving average is $325.22. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The stock has a market cap of $4.94 billion, a PE ratio of 5.02 and a beta of 0.61. Enstar Group Limited has a twelve month low of $275.02 and a twelve month high of $348.48.

Enstar Group (NASDAQ:ESGR) last issued 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 for 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.