Public Employees Retirement System of Ohio Has $5.90 Million Stock Holdings in Enstar Group Limited (NASDAQ:ESGR)

Public Employees Retirement System of Ohio increased its position in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 104.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,307 shares of the insurance provider's stock after buying an additional 9,335 shares during the period. Public Employees Retirement System of Ohio owned 0.12% of Enstar Group worth $5,896,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ESGR. Vise Technologies Inc. increased its position in Enstar Group by 49.4% during the fourth quarter. Vise Technologies Inc. now owns 1,961 shares of the insurance provider's stock worth $632,000 after buying an additional 648 shares during the last quarter. CSS LLC IL increased its holdings in shares of Enstar Group by 48.2% during the 4th quarter. CSS LLC IL now owns 3,133 shares of the insurance provider's stock valued at $1,009,000 after acquiring an additional 1,019 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Enstar Group by 14.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 33,818 shares of the insurance provider's stock valued at $10,891,000 after acquiring an additional 4,176 shares in the last quarter. Voloridge Investment Management LLC lifted its holdings in Enstar Group by 15.6% in the 4th quarter. Voloridge Investment Management LLC now owns 13,203 shares of the insurance provider's stock worth $4,252,000 after purchasing an additional 1,782 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its position in Enstar Group by 244.3% during the fourth quarter. Squarepoint Ops LLC now owns 35,935 shares of the insurance provider's stock worth $11,573,000 after purchasing an additional 25,498 shares during the period. 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 that occurred on Tuesday, May 6th. The stock was sold at an average price of $334.00, for a total value of $135,938.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, 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 disclosure for this sale can be found here. 8.00% of the stock is currently owned by corporate insiders.

Enstar Group Stock Performance

NASDAQ:ESGR traded down $0.50 during midday trading on Monday, reaching $334.51. The stock had a trading volume of 76,388 shares, compared to its average volume of 101,811. The stock has a market capitalization of $4.99 billion, a P/E ratio of 5.06 and a beta of 0.71. 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. The firm's fifty day simple moving average is $333.74 and its 200-day simple moving average is $329.74.

Enstar Group (NASDAQ:ESGR - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 earnings per share (EPS) for the quarter. The company 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%.

Analyst Ratings Changes

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

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.