Enstar Group Limited (NASDAQ:ESGR) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in Enstar Group Limited (NASDAQ:ESGR) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 793,067 shares of the insurance provider’s stock after acquiring an additional 30,831 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.21% of Enstar Group worth $242,442,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Allspring Global Investments Holdings LLC lifted its stake in shares of Enstar Group by 2.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 412,455 shares of the insurance provider’s stock valued at $126,087,000 after purchasing an additional 9,520 shares during the period. Hotchkis & Wiley Capital Management LLC raised its position in shares of Enstar Group by 2.7% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 341,150 shares of the insurance provider’s stock worth $100,418,000 after acquiring an additional 8,820 shares during the period. Harspring Capital Management LLC grew its position in shares of Enstar Group by 0.6% during the 4th quarter. Harspring Capital Management LLC now owns 173,500 shares of the insurance provider’s stock valued at $51,070,000 after acquiring an additional 1,054 shares during the period. American Century Companies Inc. grew its position in shares of Enstar Group by 14.0% during the 2nd quarter. American Century Companies Inc. now owns 166,358 shares of the insurance provider’s stock valued at $50,856,000 after acquiring an additional 20,416 shares during the period. Finally, Norges Bank purchased a new position in shares of Enstar Group in the 4th quarter valued at about $40,397,000. Hedge funds and other institutional investors own 81.01% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Enstar Group in a report on Tuesday. They issued a “hold” rating on the stock.

Enstar Group Stock Down 0.8 %

ESGR opened at $318.86 on Thursday. The company has a market cap of $4.86 billion, a PE ratio of 6.19 and a beta of 0.66. Enstar Group Limited has a twelve month low of $229.57 and a twelve month high of $348.48. The company has a 50-day moving average price of $324.59 and a 200 day moving average price of $309.85. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.34.

Enstar Group (NASDAQ:ESGR) last announced its earnings results on Monday, July 29th. The insurance provider reported $10.78 EPS for the quarter. The business had revenue of $159.00 million during the quarter. Enstar Group had a return on equity of 18.55% and a net margin of 81.31%.

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.