Vanguard Group Inc. Purchases 3,081 Shares of Enstar Group Limited (NASDAQ:ESGR)

Vanguard Group Inc. increased its position in shares of Enstar Group Limited (NASDAQ:ESGR) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,161,518 shares of the insurance provider’s stock after buying an additional 3,081 shares during the quarter. Vanguard Group Inc. owned 7.63% of Enstar Group worth $374,067,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Key Financial Inc bought a new position in shares of Enstar Group during the 4th quarter worth approximately $52,000. Vestcor Inc bought a new position in Enstar Group in the fourth quarter valued at $96,000. KBC Group NV increased its stake in Enstar Group by 39.7% in the 4th 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. Quantbot Technologies LP bought a new stake in Enstar Group during the 4th quarter worth about $171,000. Finally, R Squared Ltd acquired a new position in shares of Enstar Group during the 4th quarter worth about $174,000. Institutional investors and hedge funds own 81.01% of the company’s stock.

Insider Buying and Selling

In other Enstar Group 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 SEC, which can be accessed through this link. 8.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Enstar Group in a research report on Friday, March 28th. They issued a “hold” rating on the stock.

Enstar Group Trading Up 0.1 %

NASDAQ ESGR opened at $332.27 on Thursday. Enstar Group Limited has a 12 month low of $275.02 and a 12 month high of $348.48. 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 50 day moving average of $330.68 and a 200-day moving average of $326.16. The company has a market cap of $4.95 billion, a PE ratio of 5.03 and a beta of 0.61.

Enstar Group (NASDAQ:ESGR) last announced its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. The firm had revenue of $240.00 million during the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

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.