Deutsche Bank AG Has $6.02 Million Stock Holdings in Enstar Group Limited (NASDAQ:ESGR)

Deutsche Bank AG lifted its holdings in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 158.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,696 shares of the insurance provider's stock after buying an additional 11,456 shares during the period. Deutsche Bank AG owned approximately 0.12% of Enstar Group worth $6,021,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tudor Investment Corp ET AL lifted its position in shares of Enstar Group by 175.9% during 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 acquiring an additional 164,649 shares during the last quarter. Norges Bank acquired a new position in shares of Enstar Group in the fourth quarter worth $42,516,000. Decagon Asset Management LLP acquired a new position in shares of Enstar Group in the fourth quarter worth $32,614,000. Schonfeld Strategic Advisors LLC increased its stake in shares of Enstar Group by 1,219.9% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 62,180 shares of the insurance provider's stock worth $20,025,000 after acquiring an additional 57,469 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its stake in shares of Enstar Group by 322.3% in the fourth quarter. Balyasny Asset Management L.P. now owns 54,607 shares of the insurance provider's stock worth $17,586,000 after acquiring an additional 41,675 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Enstar Group Stock Up 0.0%

Shares of NASDAQ ESGR traded up $0.08 during mid-day trading on Friday, reaching $334.58. The company had a trading volume of 86,878 shares, compared to its average volume of 101,271. Enstar Group Limited has a twelve month low of $291.90 and a twelve month high of $348.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a market capitalization of $4.99 billion, a PE ratio of 5.06 and a beta of 0.71. The stock's 50 day moving average is $333.43 and its 200-day moving average is $329.24.

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 net margin of 73.26% and a return on equity of 17.33%.

Insiders Place Their Bets

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the company's stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hans-Peter Gerhardt sold 407 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were 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. Company insiders own 8.00% of the company's stock.

Analysts Set New Price Targets

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

About Enstar Group

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.