Fuller & Thaler Asset Management Inc. cut its stake in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 56.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 122,943 shares of the insurance provider's stock after selling 162,425 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.81% of Enstar Group worth $39,594,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Financial Inc purchased a new stake in Enstar Group during the 4th quarter valued at approximately $52,000. NewEdge Advisors LLC increased its holdings 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 worth $68,000 after purchasing an additional 31 shares during the last quarter. Vestcor Inc purchased a new stake in shares of Enstar Group during the 4th quarter worth approximately $96,000. Sterling Capital Management LLC grew its holdings in shares of Enstar Group by 825.0% in the fourth 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 in the last quarter. Finally, KBC Group NV increased its position in Enstar Group by 39.7% in the fourth quarter. KBC Group NV now owns 482 shares of the insurance provider's stock worth $155,000 after purchasing an additional 137 shares during the last quarter. Institutional investors own 81.01% of the company's stock.
Insider Buying and Selling
In other news, Director Hiteshkumar R. Patel sold 484 shares of Enstar Group stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total transaction of $160,770.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 8.00% of the stock is owned by corporate insiders.
Enstar Group Trading Up 0.0 %
ESGR stock traded up $0.13 during midday trading on Wednesday, reaching $334.63. 9,300 shares of the company traded hands, compared to its average volume of 97,789. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 5.07 and a beta of 0.56. 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 business has a 50 day moving average of $332.59 and a 200-day moving average of $327.90. Enstar Group Limited has a 52-week low of $287.99 and a 52-week high of $348.48.
Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The insurance provider reported $17.01 earnings per share for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The business had revenue of $240.00 million for the quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on shares of Enstar Group in a research report on Saturday, April 5th. They set a "hold" rating for the company.
View Our Latest Research Report on Enstar Group
Enstar Group Profile
(
Free Report)
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.
Further Reading

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