Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. reduced its holdings in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 5.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 69,977 shares of the insurance provider's stock after selling 3,863 shares during the period. Enstar Group accounts for about 4.0% of Mraz Amerine & Associates Inc.'s portfolio, making the stock its 7th largest holding. Mraz Amerine & Associates Inc. owned about 0.47% of Enstar Group worth $23,258,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Quantbot Technologies LP bought a new position in shares of Enstar Group in the 4th quarter valued at about $171,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Enstar Group by 3.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,838 shares of the insurance provider's stock worth $611,000 after buying an additional 59 shares during the period. Convergence Financial LLC bought a new stake in shares of Enstar Group during the 1st quarter worth about $264,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Enstar Group by 43.3% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,257 shares of the insurance provider's stock worth $418,000 after buying an additional 380 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Enstar Group during the 1st quarter worth about $875,000. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Enstar Group news, Director Hans-Peter Gerhardt sold 407 shares of Enstar Group stock in a transaction dated Tuesday, May 6th. The shares were 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 available at the SEC website. 8.00% of the stock is owned by company insiders.

Enstar Group Stock Performance

Shares of ESGR stock traded up $1.55 during midday trading on Friday, hitting $337.91. 237,900 shares of the company were exchanged, compared to its average volume of 105,990. The firm has a market capitalization of $5.04 billion, a P/E ratio of 10.76 and a beta of 0.70. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.36 and a current ratio of 0.36. The firm's 50 day moving average price is $335.73 and its two-hundred day moving average price is $332.07. Enstar Group Limited has a 52 week low of $318.25 and a 52 week high of $348.48.

Analyst Upgrades and Downgrades

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

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.