Enstar Group Limited (NASDAQ:ESGR) Shares Bought by Marshall Wace LLP

Marshall Wace LLP increased its holdings in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 869.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,574 shares of the insurance provider's stock after purchasing an additional 40,874 shares during the period. Marshall Wace LLP owned 0.30% of Enstar Group worth $14,677,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ESGR. NewEdge Advisors LLC increased its holdings in shares of Enstar Group by 17.1% in the 4th 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 period. GABELLI & Co INVESTMENT ADVISERS INC. grew its stake in Enstar Group by 19.5% in the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,050 shares of the insurance provider's stock valued at $3,559,000 after purchasing an additional 1,800 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in Enstar Group by 53.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 10,200 shares of the insurance provider's stock valued at $3,285,000 after purchasing an additional 3,550 shares during the last quarter. Gabelli Funds LLC raised its holdings in Enstar Group by 41.2% in the fourth quarter. Gabelli Funds LLC now owns 27,363 shares of the insurance provider's stock worth $8,812,000 after purchasing an additional 7,985 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of Enstar Group by 27.7% during the fourth quarter. Barclays PLC now owns 24,934 shares of the insurance provider's stock valued at $8,030,000 after buying an additional 5,410 shares during the last quarter. Institutional investors own 81.01% of the company's stock.

Insider Activity at Enstar Group

In related news, Director Hiteshkumar R. Patel sold 484 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total value of $160,770.28. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 8.00% of the stock is owned by insiders.

Enstar Group Stock Up 0.1 %

ESGR stock traded up $0.37 on Friday, hitting $334.07. 46,295 shares of the company's stock were exchanged, compared to its average volume of 97,817. The firm has a 50 day moving average price of $332.50 and a two-hundred day moving average price of $327.69. Enstar Group Limited has a 12-month low of $287.39 and a 12-month high of $348.48. The stock has a market cap of $4.97 billion, a P/E ratio of 5.06 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.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Saturday, April 5th. They set a "hold" rating for the company.

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.