Nisa Investment Advisors LLC acquired a new stake in shares of Enstar Group Limited (NASDAQ:ESGR – Get Rating) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 124 shares of the insurance provider’s stock, valued at approximately $32,000.
A number of other institutional investors have also recently bought and sold shares of the company. Equitable Trust Co. grew its holdings in Enstar Group by 5.3% during the fourth quarter. Equitable Trust Co. now owns 1,718 shares of the insurance provider’s stock valued at $425,000 after purchasing an additional 87 shares during the period. First Quadrant LLC CA acquired a new position in Enstar Group during the first quarter valued at approximately $33,000. Northwestern Mutual Wealth Management Co. acquired a new position in Enstar Group during the fourth quarter valued at approximately $35,000. Mercer Global Advisors Inc. ADV grew its holdings in Enstar Group by 13.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,233 shares of the insurance provider’s stock valued at $305,000 after purchasing an additional 146 shares during the period. Finally, Teacher Retirement System of Texas grew its holdings in Enstar Group by 8.3% during the fourth quarter. Teacher Retirement System of Texas now owns 2,107 shares of the insurance provider’s stock valued at $522,000 after purchasing an additional 161 shares during the period. Institutional investors and hedge funds own 72.07% of the company’s stock.
Enstar Group Stock Up 1.3 %
Enstar Group stock opened at $197.92 on Monday. The stock has a market capitalization of $3.57 billion, a PE ratio of -37.63 and a beta of 0.59. Enstar Group Limited has a twelve month low of $190.99 and a twelve month high of $286.89. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average of $211.45 and a 200-day moving average of $241.36.
Insider Transactions at Enstar Group
In other news, Director Stone Point Capital Llc sold 89,790 shares of the business’s stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $222.74, for a total value of $19,999,824.60. Following the sale, the director now owns 1,546,196 shares of the company’s stock, valued at $344,399,697.04. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 11.20% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Separately, TheStreet cut shares of Enstar Group from a “b+” rating to a “c” rating in a report on Thursday, May 19th.
Enstar Group Profile
Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It engages in the run-off property and casualty, and other non-life lines insurance businesses. 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.
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