Centiva Capital LP Takes Position in Enstar Group Limited (NASDAQ:ESGR)

Centiva Capital LP purchased a new stake in Enstar Group Limited (NASDAQ:ESGR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,221 shares of the insurance provider's stock, valued at approximately $393,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of Enstar Group by 17.1% in the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after purchasing an additional 31 shares during the period. Summit Investment Advisors Inc. lifted its stake in Enstar Group by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock valued at $427,000 after buying an additional 42 shares in the last quarter. Xponance Inc. boosted its holdings in shares of Enstar Group by 9.5% in the fourth quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock worth $293,000 after buying an additional 79 shares during the period. Swiss National Bank increased its position in shares of Enstar Group by 0.4% in the fourth quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock worth $7,697,000 after acquiring an additional 100 shares in the last quarter. Finally, KBC Group NV raised its holdings in shares of Enstar Group by 39.7% during the fourth quarter. KBC Group NV now owns 482 shares of the insurance provider's stock valued at $155,000 after acquiring an additional 137 shares during the period. 81.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Enstar Group

In other news, Director Hans-Peter Gerhardt sold 407 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $334.00, for a total value of $135,938.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Hiteshkumar R. Patel sold 484 shares of Enstar Group 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 disclosure for this sale can be found here. Company insiders own 8.00% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Enstar Group in a research note on Saturday, April 5th. They issued a "hold" rating for the company.

Enstar Group Stock Down 0.1%

NASDAQ:ESGR traded down $0.24 during trading hours on Thursday, hitting $334.16. 113,101 shares of the company's stock traded hands, compared to its average volume of 100,088. The stock's fifty day moving average price is $333.05 and its two-hundred day moving average price is $328.68. The firm has a market cap of $4.97 billion, a P/E ratio of 5.06 and a beta of 0.71. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. Enstar Group Limited has a twelve month low of $291.90 and a twelve month 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 for the quarter. The company 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%.

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.