Janus Henderson Group PLC Purchases 25,914 Shares of Enstar Group Limited (NASDAQ:ESGR)

Janus Henderson Group PLC raised its holdings in Enstar Group Limited (NASDAQ:ESGR - Free Report) by 198.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,940 shares of the insurance provider's stock after acquiring an additional 25,914 shares during the quarter. Janus Henderson Group PLC owned about 0.26% of Enstar Group worth $12,548,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Gotham Asset Management LLC lifted its stake in shares of Enstar Group by 26.0% in the fourth quarter. Gotham Asset Management LLC now owns 3,273 shares of the insurance provider's stock worth $1,054,000 after buying an additional 675 shares during the last quarter. Focus Partners Wealth raised its holdings in Enstar Group by 16.2% in the 4th quarter. Focus Partners Wealth now owns 1,473 shares of the insurance provider's stock worth $474,000 after acquiring an additional 205 shares during the period. Fort Baker Capital Management LP raised its holdings in Enstar Group by 82.9% in the 4th quarter. Fort Baker Capital Management LP now owns 106,013 shares of the insurance provider's stock worth $34,141,000 after acquiring an additional 48,035 shares during the period. First Manhattan CO. LLC. acquired a new position in Enstar Group during the 4th quarter worth $739,000. Finally, Deutsche Bank AG boosted its holdings in Enstar Group by 158.2% during the fourth quarter. Deutsche Bank AG now owns 18,696 shares of the insurance provider's stock valued at $6,021,000 after acquiring an additional 11,456 shares during the period. 81.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Enstar Group Stock Performance

Shares of ESGR traded down $0.46 during trading hours on Thursday, reaching $334.72. 5,558 shares of the company traded hands, compared to its average volume of 100,290. 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's fifty day moving average is $333.34 and its 200 day moving average is $329.05. Enstar Group Limited has a 1-year low of $291.90 and a 1-year high of $348.48. The stock has a market cap of $4.99 billion, a P/E ratio of 5.07 and a beta of 0.71.

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 for the quarter. The company had revenue of $240.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

Insider Activity

In other Enstar Group news, Director Hans-Peter Gerhardt sold 407 shares of the company's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $334.00, for a total value of $135,938.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Hiteshkumar R. Patel sold 484 shares of the 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. Corporate insiders own 8.00% of the company's stock.

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.