Universal Beteiligungs und Servicegesellschaft mbH Invests $354,000 in Enstar Group Limited (NASDAQ:ESGR)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Enstar Group Limited (NASDAQ:ESGR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,100 shares of the insurance provider's stock, valued at approximately $354,000.

Several other hedge funds have also recently modified their holdings of ESGR. Key Financial Inc purchased a new stake in shares of Enstar Group in the 4th quarter worth approximately $52,000. NewEdge Advisors LLC lifted its position in Enstar Group by 17.1% during the fourth 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 last quarter. Vestcor Inc purchased a new stake in Enstar Group during the fourth quarter valued at approximately $96,000. Sterling Capital Management LLC lifted its position in Enstar Group by 825.0% during 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 during the last quarter. Finally, KBC Group NV lifted its position in Enstar Group by 39.7% during the fourth 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.

Analyst Ratings Changes

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

Enstar Group Stock Down 0.0%

NASDAQ:ESGR traded down $0.11 during midday trading on Friday, reaching $335.00. 95,725 shares of the stock traded hands, compared to its average volume of 102,834. Enstar Group Limited has a 12-month low of $291.90 and a 12-month high of $348.48. The business has a 50-day moving average of $333.99 and a two-hundred day moving average of $330.02. 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 $4.99 billion, a PE ratio of 5.07 and a beta of 0.71.

Insiders Place Their Bets

In other Enstar Group news, Director Hans-Peter Gerhardt sold 407 shares of the firm's stock in a transaction on Tuesday, May 6th. The shares were 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 at this link. Also, Director Hiteshkumar R. Patel sold 484 shares of the stock in a transaction on Tuesday, March 18th. The stock was 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. Corporate insiders own 8.00% of the company's stock.

About Enstar Group

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.