Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Enstar Group Limited (NASDAQ:ESGR)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Enstar Group Limited (NASDAQ:ESGR - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,100 shares of the insurance provider's stock, valued at approximately $354,000.

Other hedge funds have also modified their holdings of the company. NewEdge Advisors LLC boosted its stake in shares of Enstar Group by 17.1% in the fourth 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. Summit Investment Advisors Inc. grew its stake in Enstar Group by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock valued at $427,000 after purchasing an additional 42 shares in the last quarter. Xponance Inc. increased its holdings in Enstar Group by 9.5% during the 4th quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock worth $293,000 after purchasing an additional 79 shares during the last quarter. Swiss National Bank raised its position in shares of Enstar Group by 0.4% in the 4th quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock valued at $7,697,000 after purchasing an additional 100 shares in the last quarter. Finally, KBC Group NV boosted its stake in shares of Enstar Group by 39.7% during 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 during the last quarter. 81.01% of the stock is currently owned by hedge funds and other institutional investors.

Enstar Group Stock Down 0.1%

Shares of Enstar Group stock traded down $0.47 during trading on Thursday, reaching $335.11. The company had a trading volume of 109,787 shares, compared to its average volume of 102,141. The firm's fifty day moving average is $333.87 and its 200-day moving average is $329.82. 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 market cap of $5.00 billion, a price-to-earnings ratio of 5.07 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.

Insider Activity

In other Enstar Group news, Director Hans-Peter Gerhardt sold 407 shares of the business's stock in a transaction 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hiteshkumar R. Patel sold 484 shares of the firm's stock in a transaction dated 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. Company insiders own 8.00% of the company's stock.

Analyst Upgrades and Downgrades

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