Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its position in shares of Enstar Group Limited (NASDAQ:ESGR) by 51.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,442 shares of the insurance provider’s stock after selling 1,502 shares during the period. Victory Capital Management Inc.’s holdings in Enstar Group were worth $464,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ESGR. Olympiad Research LP acquired a new position in shares of Enstar Group in the 4th quarter valued at $1,496,000. Wolverine Asset Management LLC boosted its holdings in shares of Enstar Group by 175.3% in the 4th quarter. Wolverine Asset Management LLC now owns 4,254 shares of the insurance provider’s stock valued at $1,370,000 after buying an additional 2,709 shares in the last quarter. Key Financial Inc acquired a new position in shares of Enstar Group in the 4th quarter valued at $52,000. State of New Jersey Common Pension Fund D boosted its holdings in shares of Enstar Group by 6.1% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 6,482 shares of the insurance provider’s stock valued at $2,088,000 after buying an additional 372 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Enstar Group by 484.7% in 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 in the last quarter. Institutional investors and hedge funds own 81.01% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Enstar Group in a report on Thursday. They issued a “hold” rating for the company.

Enstar Group Stock Up 0.0 %

ESGR stock opened at $332.05 on Friday. The company has a fifty day moving average price of $329.76 and a 200 day moving average price of $325.45. 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 price-to-earnings ratio of 5.03 and a beta of 0.61. 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 (NASDAQ:ESGR) last released its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The firm had revenue of $240.00 million during the quarter.

Insider Activity at Enstar Group

In related news, Director Hiteshkumar R. Patel sold 484 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total value of $160,770.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 8.00% of the stock is owned by insiders.

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.