Enstar Group Limited (NASDAQ:ESGR) is Nexpoint Asset Management L.P.'s 7th Largest Position

Nexpoint Asset Management L.P. boosted its stake in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 21.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,434 shares of the insurance provider's stock after purchasing an additional 18,864 shares during the quarter. Enstar Group makes up 3.9% of Nexpoint Asset Management L.P.'s investment portfolio, making the stock its 7th largest position. Nexpoint Asset Management L.P. owned about 0.71% of Enstar Group worth $34,599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ESGR. Key Financial Inc purchased a new position in Enstar Group in the 4th quarter worth approximately $52,000. NewEdge Advisors LLC boosted its holdings 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 worth $68,000 after purchasing an additional 31 shares in the last quarter. Vestcor Inc bought a new position in shares of Enstar Group during the 4th quarter valued at about $96,000. Sterling Capital Management LLC raised its holdings 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 valued at $131,000 after buying an additional 363 shares in the last quarter. Finally, KBC Group NV boosted 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 worth $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.

Enstar Group Trading Down 0.0 %

Shares of Enstar Group stock traded down $0.13 on Friday, hitting $334.36. The stock had a trading volume of 75,247 shares, compared to its average volume of 98,983. The stock's 50-day simple moving average is $332.69 and its two-hundred day simple moving average is $328.14. Enstar Group Limited has a one year low of $291.90 and a one year high of $348.48. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. The stock has a market cap of $4.98 billion, a price-to-earnings 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 EPS for the quarter. The firm had revenue of $240.00 million during the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of Enstar Group stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total transaction of $160,770.28. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 8.00% of the stock is currently 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.