Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Strs Ohio

Strs Ohio lowered its stake in shares of Enstar Group Limited (NASDAQ:ESGR) by 9.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,000 shares of the insurance provider’s stock after selling 400 shares during the quarter. Strs Ohio’s holdings in Enstar Group were worth $1,177,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Sequoia Financial Advisors LLC increased its holdings in shares of Enstar Group by 35.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 4,779 shares of the insurance provider’s stock valued at $1,407,000 after acquiring an additional 1,238 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Enstar Group by 2,966.7% during the fourth quarter. Allworth Financial LP now owns 92 shares of the insurance provider’s stock valued at $27,000 after acquiring an additional 89 shares in the last quarter. Denali Advisors LLC increased its holdings in Enstar Group by 53.3% in the 4th quarter. Denali Advisors LLC now owns 9,200 shares of the insurance provider’s stock worth $2,708,000 after buying an additional 3,200 shares during the period. PFG Investments LLC increased its holdings in Enstar Group by 34.6% in the 4th quarter. PFG Investments LLC now owns 1,750 shares of the insurance provider’s stock worth $515,000 after buying an additional 450 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Enstar Group in the 4th quarter worth approximately $288,000. Institutional investors and hedge funds own 81.01% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Enstar Group from a “buy” rating to a “hold” rating in a report on Thursday, February 29th.

Enstar Group Price Performance

Shares of NASDAQ:ESGR opened at $287.52 on Tuesday. Enstar Group Limited has a twelve month low of $225.81 and a twelve month high of $312.55. The company’s 50 day moving average is $293.89 and its 200 day moving average is $276.79. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.36. The company has a market cap of $4.37 billion, a PE ratio of 4.21 and a beta of 0.66.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings results on Tuesday, February 20th. The insurance provider reported $31.02 earnings per share for the quarter. The company had revenue of $186.00 million for the quarter. Enstar Group had a net margin of 78.24% and a return on equity of 24.87%.

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.