Enstar Group Limited (NASDAQ:ESGR) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 14.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,818 shares of the insurance provider's stock after acquiring an additional 4,176 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.22% of Enstar Group worth $10,891,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Voloridge Investment Management LLC raised its stake in shares of Enstar Group by 15.6% during the fourth 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. Squarepoint Ops LLC increased its stake in Enstar Group by 244.3% in the 4th quarter. Squarepoint Ops LLC now owns 35,935 shares of the insurance provider's stock valued at $11,573,000 after buying an additional 25,498 shares during the period. Two Sigma Advisers LP acquired a new position in Enstar Group in the 4th quarter valued at $225,000. Two Sigma Investments LP raised its position in Enstar Group by 22.3% during the 4th quarter. Two Sigma Investments LP now owns 2,604 shares of the insurance provider's stock worth $839,000 after buying an additional 475 shares during the last quarter. Finally, Tidal Investments LLC boosted its holdings in shares of Enstar Group by 23.3% in the fourth quarter. Tidal Investments LLC now owns 2,830 shares of the insurance provider's stock valued at $911,000 after acquiring an additional 535 shares in the last quarter. 81.01% of the stock is currently owned by hedge funds and other institutional investors.

Enstar Group Stock Performance

NASDAQ ESGR traded up $0.80 on Tuesday, hitting $335.31. 30,314 shares of the company's stock were exchanged, compared to its average volume of 101,537. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 5.08 and a beta of 0.71. The firm's 50-day moving average price is $333.74 and its two-hundred day moving average price is $329.74. Enstar Group Limited has a fifty-two week low of $291.90 and a fifty-two week 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.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other news, Director Hans-Peter Gerhardt sold 407 shares of Enstar Group stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $334.00, for a total transaction of $135,938.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 currently owned by corporate insiders.

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.