Css LLC Il Raises Holdings in Enstar Group Limited (NASDAQ:ESGR)

CSS LLC IL grew its holdings in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 48.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,133 shares of the insurance provider's stock after purchasing an additional 1,019 shares during the period. CSS LLC IL's holdings in Enstar Group were worth $1,009,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Enstar Group by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 1,161,518 shares of the insurance provider's stock valued at $374,067,000 after purchasing an additional 3,081 shares during the period. Tudor Investment Corp ET AL raised its position in Enstar Group by 175.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 258,275 shares of the insurance provider's stock valued at $83,177,000 after purchasing an additional 164,649 shares in the last quarter. FIL Ltd boosted its stake in shares of Enstar Group by 6.2% in the 4th quarter. FIL Ltd now owns 249,790 shares of the insurance provider's stock valued at $80,445,000 after buying an additional 14,475 shares during the period. AQR Arbitrage LLC boosted its stake in shares of Enstar Group by 21.1% in the 4th quarter. AQR Arbitrage LLC now owns 169,905 shares of the insurance provider's stock valued at $54,718,000 after buying an additional 29,617 shares during the period. Finally, Norges Bank acquired a new position in shares of Enstar Group during the fourth quarter worth about $42,516,000. Institutional investors and hedge funds own 81.01% of the company's stock.

Enstar Group Stock Up 0.2%

Shares of ESGR traded up $0.74 during midday trading on Tuesday, reaching $335.32. The stock had a trading volume of 14,663 shares, compared to its average volume of 100,941. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 5.08 and a beta of 0.71. The company's fifty day simple moving average is $333.48 and its two-hundred day simple moving average is $329.34. Enstar Group Limited has a 1-year low of $291.90 and a 1-year high of $348.48. 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 (NASDAQ:ESGR - Get Free Report) last posted its earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. The firm 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%.

Analyst Ratings Changes

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

Insider Transactions at Enstar Group

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were 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 SEC, which is available through this link. Also, Director Hans-Peter Gerhardt sold 407 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $334.00, for a total transaction of $135,938.00. The disclosure for this sale can be found here. Insiders own 8.00% of the company's stock.

Enstar Group 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.