Dimensional Fund Advisors LP Has $244.17 Million Holdings in Enstar Group Limited (NASDAQ:ESGR)

Dimensional Fund Advisors LP cut its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 758,159 shares of the insurance provider's stock after selling 54,094 shares during the period. Dimensional Fund Advisors LP owned 4.98% of Enstar Group worth $244,166,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Key Financial Inc purchased a new stake in shares of Enstar Group during the 4th quarter worth about $52,000. NewEdge Advisors LLC raised its stake in shares of Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock worth $68,000 after purchasing an additional 31 shares in the last quarter. Vestcor Inc purchased a new stake in shares of Enstar Group during the 4th quarter worth about $96,000. Sterling Capital Management LLC raised its stake in shares of Enstar Group by 825.0% during the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock worth $131,000 after purchasing an additional 363 shares in the last quarter. Finally, KBC Group NV raised its stake 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 worth $155,000 after purchasing an additional 137 shares in the last quarter. 81.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Enstar Group Stock Performance

Shares of ESGR stock traded up $0.37 during trading on Friday, reaching $334.07. The company had a trading volume of 46,295 shares, compared to its average volume of 98,062. The firm's 50 day simple moving average is $332.50 and its two-hundred day simple moving average is $327.78. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. Enstar Group Limited has a one year low of $287.99 and a one year high of $348.48. The company has a market capitalization of $4.97 billion, a PE ratio of 5.06 and a beta of 0.56.

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

Insider Activity at Enstar Group

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the firm'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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.00% of the stock is owned by company insiders.

Enstar Group Company 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.