Syquant Capital Sas Boosts Holdings in Enstar Group Limited (NASDAQ:ESGR)

Syquant Capital Sas lifted its holdings in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 336.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,807 shares of the insurance provider's stock after acquiring an additional 55,365 shares during the quarter. Enstar Group makes up approximately 16.9% of Syquant Capital Sas' holdings, making the stock its 3rd largest holding. Syquant Capital Sas owned about 0.48% of Enstar Group worth $23,867,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Blue Trust Inc. boosted its position in shares of Enstar Group by 521.9% in the 1st quarter. Blue Trust Inc. now owns 199 shares of the insurance provider's stock worth $66,000 after purchasing an additional 167 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Enstar Group by 17.1% during the fourth quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock worth $68,000 after buying an additional 31 shares during the last quarter. Vestcor Inc acquired a new position in shares of Enstar Group during the 4th quarter worth about $96,000. Sterling Capital Management LLC increased its stake in shares of 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 during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Enstar Group in the 4th quarter valued at approximately $171,000. Institutional investors own 81.01% of the company's stock.

Insider Transactions at Enstar Group

In other news, Director Hans-Peter Gerhardt sold 407 shares of the 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 8.00% of the stock is owned by insiders.

Enstar Group Stock Up 0.1%

Shares of NASDAQ ESGR traded up $0.26 during mid-day trading on Tuesday, reaching $336.35. 139,275 shares of the company's stock were exchanged, compared to its average volume of 105,343. Enstar Group Limited has a twelve month low of $298.94 and a twelve month high of $348.48. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 10.71 and a beta of 0.71. The business has a fifty day simple moving average of $334.82 and a 200 day simple moving average of $330.87.

Wall Street Analyst Weigh In

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.

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.