Enstar Group Limited (NASDAQ:ESGR) Shares Bought by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. grew its holdings in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 30.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,648 shares of the insurance provider's stock after buying an additional 1,781 shares during the period. Harbor Capital Advisors Inc. owned 0.05% of Enstar Group worth $2,542,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Key Financial Inc bought a new position in Enstar Group in the 4th quarter worth about $52,000. NewEdge Advisors LLC grew 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 valued at $68,000 after acquiring an additional 31 shares during the period. Vestcor Inc bought a new position in shares of Enstar Group during the 4th quarter valued at approximately $96,000. Sterling Capital Management LLC grew its holdings in Enstar Group by 825.0% during the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider's stock valued at $131,000 after buying an additional 363 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Enstar Group during the 4th quarter valued at approximately $171,000. Institutional investors own 81.01% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen began coverage on Enstar Group in a research report on Saturday, April 5th. They issued a "hold" rating for the company.

Enstar Group Stock Down 0.1%

ESGR traded down $0.42 on Friday, hitting $335.42. The company had a trading volume of 118,833 shares, compared to its average volume of 104,555. The stock has a fifty day moving average price of $334.38 and a 200-day moving average price of $330.36. Enstar Group Limited has a 12-month low of $291.90 and a 12-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 $5.00 billion, a price-to-earnings ratio of 5.08 and a beta of 0.71.

Insider Buying and Selling at Enstar Group

In other news, Director Hans-Peter Gerhardt sold 407 shares of the business's 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 the SEC website. Also, Director Hiteshkumar R. Patel sold 484 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total value of $160,770.28. The disclosure for this sale can be found here. 8.00% of the stock is owned by insiders.

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.