Barclays PLC Acquires 5,410 Shares of Enstar Group Limited (NASDAQ:ESGR)

Barclays PLC raised its holdings in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 27.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,934 shares of the insurance provider's stock after acquiring an additional 5,410 shares during the period. Barclays PLC owned about 0.16% of Enstar Group worth $8,030,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Key Financial Inc bought a new position in Enstar Group during the fourth quarter worth $52,000. Vestcor Inc bought a new stake in shares of Enstar Group during the 4th quarter valued at $96,000. Sterling Capital Management LLC boosted its stake in Enstar Group by 825.0% during the fourth quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock valued at $131,000 after buying an additional 363 shares during the period. KBC Group NV increased its stake in Enstar Group by 39.7% in 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 last quarter. Finally, Quantbot Technologies LP purchased a new position in Enstar Group in the 4th quarter worth $171,000. 81.01% of the stock is currently owned by institutional investors.

Enstar Group Price Performance

Shares of ESGR stock traded down $0.52 during mid-day trading on Tuesday, hitting $334.03. The company had a trading volume of 8,061 shares, compared to its average volume of 97,593. The stock's 50 day moving average price is $332.53 and its 200-day moving average price is $327.86. 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 company has a market capitalization of $4.97 billion, a P/E ratio of 5.06 and a beta of 0.56. Enstar Group Limited has a 52-week low of $287.99 and a 52-week high of $348.48.

Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. The business had revenue of $240.00 million during 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 began coverage on Enstar Group in a research note on Saturday, April 5th. They issued a "hold" rating for the company.

Insider Buying and Selling at Enstar Group

In other news, Director Hiteshkumar R. Patel sold 484 shares of the firm's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 8.00% of the stock is owned by 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.