Tudor Investment Corp ET AL grew its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 175.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 258,275 shares of the insurance provider's stock after buying an additional 164,649 shares during the quarter. Enstar Group accounts for 0.3% of Tudor Investment Corp ET AL's investment portfolio, making the stock its 11th largest holding. Tudor Investment Corp ET AL owned 1.70% of Enstar Group worth $83,177,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in ESGR. NewEdge Advisors LLC increased its holdings in Enstar Group by 17.1% during 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 in the last quarter. Summit Investment Advisors Inc. increased its holdings in Enstar Group by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock valued at $427,000 after acquiring an additional 42 shares in the last quarter. Xponance Inc. increased its holdings in Enstar Group by 9.5% during the 4th quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock valued at $293,000 after acquiring an additional 79 shares in the last quarter. Swiss National Bank increased its holdings in Enstar Group by 0.4% during the 4th quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock valued at $7,697,000 after acquiring an additional 100 shares in the last quarter. Finally, KBC Group NV increased its holdings in Enstar Group by 39.7% during the 4th quarter. KBC Group NV now owns 482 shares of the insurance provider's stock valued at $155,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 81.01% of the company's stock.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Enstar Group in a report on Saturday, April 5th. They set a "hold" rating for the company.
View Our Latest Research Report on ESGR
Insider Buying and Selling
In other Enstar Group 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 sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.00% of the company's stock.
Enstar Group Trading Up 0.0 %
Shares of NASDAQ ESGR traded up $0.08 during midday trading on Thursday, reaching $334.49. 106,498 shares of the stock were exchanged, compared to its average volume of 98,600. The company has a market capitalization of $4.98 billion, a P/E ratio of 5.06 and a beta of 0.56. Enstar Group Limited has a 52-week low of $291.90 and a 52-week high of $348.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The stock has a 50 day moving average price of $332.66 and a 200-day moving average price of $328.03.
Enstar Group (NASDAQ:ESGR - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The insurance provider reported $17.01 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%.
About Enstar Group
(
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.
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