Captrust Financial Advisors Has $241,000 Holdings in Enstar Group Limited (NASDAQ:ESGR)

Captrust Financial Advisors lowered its position in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 71.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 747 shares of the insurance provider's stock after selling 1,897 shares during the quarter. Captrust Financial Advisors' holdings in Enstar Group were worth $241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of ESGR. Key Financial Inc purchased a new position in shares of Enstar Group during the fourth quarter valued at about $52,000. NewEdge Advisors LLC boosted its stake in shares of Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock worth $68,000 after acquiring an additional 31 shares during the last quarter. Vestcor Inc bought a new stake in Enstar Group during the 4th quarter worth approximately $96,000. Sterling Capital Management LLC lifted its position in shares of Enstar Group by 825.0% in the fourth 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 increased 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 during the last quarter. Hedge funds and other institutional investors own 81.01% of the company's stock.

Enstar Group Stock Performance

ESGR traded up $1.24 during trading on Tuesday, reaching $335.82. 110,006 shares of the company's stock were exchanged, compared to its average volume of 101,306. The stock has a market capitalization of $5.01 billion, a P/E ratio of 5.08 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's fifty day simple moving average is $333.55 and its 200-day simple moving average is $329.38. 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 quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 earnings per share 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%.

Analyst Ratings Changes

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

Insider Buying and Selling at Enstar Group

In other news, Director Hans-Peter Gerhardt sold 407 shares of the firm'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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Hiteshkumar R. Patel sold 484 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The shares were 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. 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.