Crow s Nest Holdings LP Has $11.27 Million Stock Holdings in Enstar Group Limited (NASDAQ:ESGR)

Crow s Nest Holdings LP trimmed its stake in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 79.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,000 shares of the insurance provider's stock after selling 135,000 shares during the period. Enstar Group accounts for 2.4% of Crow s Nest Holdings LP's portfolio, making the stock its 9th largest holding. Crow s Nest Holdings LP owned approximately 0.23% of Enstar Group worth $11,272,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of ESGR. NewEdge Advisors LLC grew its holdings in Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after buying an additional 31 shares in the last quarter. Summit Investment Advisors Inc. lifted its position 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 purchasing an additional 42 shares during the last quarter. Xponance Inc. grew its stake in shares of Enstar Group by 9.5% in the 4th quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock worth $293,000 after buying an additional 79 shares in the last quarter. Swiss National Bank increased its holdings in shares of Enstar Group by 0.4% in the 4th quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock worth $7,697,000 after buying an additional 100 shares during the last quarter. Finally, KBC Group NV raised 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 buying an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 81.01% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Enstar Group in a research note on Saturday, April 5th. They set a "hold" rating on the stock.

Enstar Group Trading Up 0.2 %

NASDAQ:ESGR traded up $0.53 during midday trading on Friday, hitting $334.03. 51,351 shares of the company traded hands, compared to its average volume of 99,657. The firm has a market capitalization of $4.97 billion, a P/E ratio of 5.06 and a beta of 0.71. The firm's fifty day moving average is $332.85 and its 200-day moving average is $328.48. Enstar Group Limited has a 12-month low of $291.90 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.

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

Insider Buying and Selling

In related news, Director Hiteshkumar R. Patel sold 484 shares of the business's stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Hans-Peter Gerhardt sold 407 shares of the firm's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $334.00, for a total value of $135,938.00. The disclosure for this sale can be found here. 8.00% of the stock is owned by corporate insiders.

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.