2,453 Shares in Enstar Group Limited (NASDAQ:ESGR) Acquired by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC bought a new position in Enstar Group Limited (NASDAQ:ESGR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 2,453 shares of the insurance provider's stock, valued at approximately $790,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Key Financial Inc purchased a new stake in Enstar Group in the 4th quarter valued at about $52,000. NewEdge Advisors LLC lifted its holdings in Enstar Group by 17.1% during the fourth quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock worth $68,000 after acquiring an additional 31 shares during the period. Vestcor Inc purchased a new position in Enstar Group in the fourth quarter worth $96,000. Sterling Capital Management LLC grew its stake in Enstar Group by 825.0% in the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock valued at $131,000 after purchasing an additional 363 shares during the period. Finally, KBC Group NV increased its position in shares of Enstar Group by 39.7% during the 4th quarter. KBC Group NV now owns 482 shares of the insurance provider's stock valued at $155,000 after purchasing an additional 137 shares during the last quarter. Institutional investors own 81.01% of the company's stock.

Insider Buying and Selling at Enstar Group

In other news, Director Hiteshkumar R. Patel sold 484 shares of Enstar Group stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total value of $160,770.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 8.00% of the company's stock.

Enstar Group Stock Performance

Shares of Enstar Group stock traded down $0.68 on Monday, reaching $333.68. 142,543 shares of the company traded hands, compared to its average volume of 99,157. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a market capitalization of $4.97 billion, a PE ratio of 5.05 and a beta of 0.56. The company has a 50 day moving average of $332.71 and a 200 day moving average of $328.25. Enstar Group Limited has a 52 week low of $291.90 and a 52 week high of $348.48.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Enstar Group in a report on Saturday, April 5th. They issued a "hold" rating on the stock.

About Enstar Group

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.