Susquehanna Fundamental Investments LLC Buys New Position in Enstar Group Limited (NASDAQ:ESGR)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,338 shares of the insurance provider's stock, valued at approximately $2,041,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ESGR. Vanguard Group Inc. boosted its holdings in shares of Enstar Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 1,161,518 shares of the insurance provider's stock valued at $374,067,000 after buying an additional 3,081 shares in the last quarter. FIL Ltd raised its stake in Enstar Group by 6.2% during the 4th quarter. FIL Ltd now owns 249,790 shares of the insurance provider's stock valued at $80,445,000 after acquiring an additional 14,475 shares during the last quarter. Norges Bank acquired a new stake in shares of Enstar Group during the fourth quarter worth $42,516,000. Decagon Asset Management LLP acquired a new stake in shares of Enstar Group during the 4th quarter valued at approximately $32,614,000. Finally, Alpine Associates Management Inc. grew its stake in Enstar Group by 22.9% in the 4th quarter. Alpine Associates Management Inc. now owns 93,476 shares of the insurance provider's stock valued at $30,104,000 after acquiring an additional 17,400 shares during the last quarter. 81.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Enstar Group in a report on Saturday, April 5th. They issued a "hold" rating on the stock.

Enstar Group Stock Performance

NASDAQ:ESGR traded up $0.88 during midday trading on Tuesday, reaching $334.56. 14,896 shares of the company traded hands, compared to its average volume of 98,826. The company has a fifty day moving average price of $332.71 and a 200 day moving average price of $328.25. Enstar Group Limited has a twelve month low of $291.90 and a twelve month high of $348.48. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 5.05 and a beta of 0.56. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33.

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 (EPS) for the quarter. The business 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%.

Insider Buying and Selling

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the business'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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 8.00% of the stock is owned by company insiders.

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.