RBF Capital LLC Sells 11,978 Shares of Enstar Group Limited (NASDAQ:ESGR)

RBF Capital LLC lowered its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 89.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,402 shares of the insurance provider's stock after selling 11,978 shares during the period. RBF Capital LLC's holdings in Enstar Group were worth $429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased 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 buying an additional 31 shares during the period. Summit Investment Advisors Inc. boosted its holdings in Enstar Group by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock worth $427,000 after acquiring an additional 42 shares in the last quarter. Xponance Inc. boosted its holdings in Enstar Group by 9.5% in the fourth quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock worth $293,000 after acquiring an additional 79 shares in the last quarter. Swiss National Bank boosted its holdings in Enstar Group by 0.4% in the fourth quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock worth $7,697,000 after acquiring an additional 100 shares in the last quarter. Finally, KBC Group NV boosted its position in shares of 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 buying an additional 137 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 dated Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total value of $160,770.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 8.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

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

Enstar Group Stock Down 0.1 %

Shares of NASDAQ ESGR traded down $0.49 during trading on Tuesday, hitting $334.06. The stock had a trading volume of 17,655 shares, compared to its average volume of 97,635. Enstar Group Limited has a 12 month low of $287.99 and a 12 month high of $348.48. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market capitalization of $4.97 billion, a PE ratio of 5.06 and a beta of 0.56. The firm has a fifty day moving average of $332.53 and a two-hundred day moving average of $327.86.

Enstar Group (NASDAQ:ESGR - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 earnings per share for the quarter. The company had revenue of $240.00 million during the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

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.