Css LLC Il Has $1.01 Million Stock Position in Enstar Group Limited (NASDAQ:ESGR)

Css LLC Il boosted its stake in Enstar Group Limited (NASDAQ:ESGR) by 48.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,133 shares of the insurance provider’s stock after acquiring an additional 1,019 shares during the period. Css LLC Il’s holdings in Enstar Group were worth $1,009,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Enstar Group by 14.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 33,818 shares of the insurance provider’s stock valued at $10,891,000 after acquiring an additional 4,176 shares during the last quarter. Voloridge Investment Management LLC boosted its position in shares of Enstar Group by 15.6% during the 4th quarter. Voloridge Investment Management LLC now owns 13,203 shares of the insurance provider’s stock valued at $4,252,000 after purchasing an additional 1,782 shares in the last quarter. Squarepoint Ops LLC grew its stake in Enstar Group by 244.3% during the fourth quarter. Squarepoint Ops LLC now owns 35,935 shares of the insurance provider’s stock worth $11,573,000 after purchasing an additional 25,498 shares during the period. Two Sigma Advisers LP acquired a new stake in Enstar Group during the fourth quarter worth approximately $225,000. Finally, Two Sigma Investments LP increased its holdings in Enstar Group by 22.3% in the fourth quarter. Two Sigma Investments LP now owns 2,604 shares of the insurance provider’s stock worth $839,000 after purchasing an additional 475 shares in the last quarter. Institutional investors own 81.01% of the company’s stock.

Insider Buying and Selling

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the firm’s stock in a transaction on 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 document filed with the SEC, which is available through the SEC website. Also, Director Hans-Peter Gerhardt sold 407 shares of Enstar Group stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $334.00, for a total transaction of $135,938.00. The disclosure for this sale can be found here. 8.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Enstar Group in a report on Saturday, April 5th. They set a “hold” rating on the stock.

Enstar Group Stock Up 0.0%

Shares of NASDAQ ESGR opened at $335.18 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. The firm has a market cap of $5.00 billion, a PE ratio of 5.07 and a beta of 0.71. The company’s fifty day simple moving average is $333.34 and its 200 day simple moving average is $329.05. Enstar Group Limited has a 12-month low of $291.90 and a 12-month high of $348.48.

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

About Enstar Group

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.