Css LLC Il Buys 1,019 Shares of Enstar Group Limited (NASDAQ:ESGR)

CSS LLC IL increased its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 48.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Key Financial Inc acquired a new position in Enstar Group in the 4th quarter valued at $52,000. NewEdge Advisors LLC raised its holdings in Enstar Group by 17.1% in the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after acquiring an additional 31 shares in the last quarter. Vestcor Inc acquired a new position in Enstar Group in the 4th quarter valued at $96,000. Sterling Capital Management LLC raised its holdings in Enstar Group by 825.0% in the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock valued at $131,000 after acquiring an additional 363 shares in the last quarter. Finally, KBC Group NV raised its holdings in Enstar Group by 39.7% in the 4th quarter. KBC Group NV now owns 482 shares of the insurance provider's stock valued at $155,000 after acquiring an additional 137 shares in the last quarter. 81.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen started coverage on Enstar Group in a report on Saturday, April 5th. They issued a "hold" rating for the company.

Insider Activity

In related news, Director Hiteshkumar R. Patel sold 484 shares of the business's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total transaction of $160,770.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Hans-Peter Gerhardt sold 407 shares of the business'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. Corporate insiders own 8.00% of the company's stock.

Enstar Group Price Performance

Shares of ESGR traded up $0.08 during midday trading on Friday, hitting $334.58. The company's stock had a trading volume of 86,878 shares, compared to its average volume of 101,271. Enstar Group Limited has a one year low of $291.90 and a one year high of $348.48. The company's fifty day simple moving average is $333.43 and its two-hundred day simple moving average is $329.24. 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 capitalization of $4.99 billion, a price-to-earnings ratio of 5.06 and a beta of 0.71.

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

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.