Sherbrooke Park Advisers LLC Invests $244,000 in Enstar Group Limited (NASDAQ:ESGR)

Sherbrooke Park Advisers LLC acquired a new position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 757 shares of the insurance provider's stock, valued at approximately $244,000.

Several other large investors have also modified their holdings of the company. Key Financial Inc bought a new stake in Enstar Group in the 4th quarter valued at $52,000. NewEdge Advisors LLC boosted its holdings in Enstar Group by 17.1% in the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock valued at $68,000 after purchasing an additional 31 shares during the period. Vestcor Inc bought a new stake in Enstar Group in the 4th quarter valued at $96,000. Sterling Capital Management LLC boosted its holdings in 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 purchasing an additional 363 shares during the period. Finally, KBC Group NV raised its stake in shares of 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 buying an additional 137 shares in the last quarter. 81.01% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Enstar Group Price Performance

Shares of ESGR stock traded up $0.08 during mid-day trading on Friday, reaching $334.58. The company's stock had a trading volume of 86,878 shares, compared to its average volume of 101,271. Enstar Group Limited has a 1-year low of $291.90 and a 1-year high of $348.48. The company has a market cap of $4.99 billion, a P/E ratio of 5.06 and a beta of 0.71. 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 firm's 50-day moving average is $333.43 and its two-hundred day moving average is $329.27.

Enstar Group (NASDAQ:ESGR - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The insurance provider reported $17.01 earnings per share (EPS) for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The company had revenue of $240.00 million during the quarter.

Insider Activity

In related news, Director Hiteshkumar R. Patel sold 484 shares of the stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hans-Peter Gerhardt sold 407 shares of the stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $334.00, for a total transaction of $135,938.00. The disclosure for this sale can be found here. Corporate 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.