Opus Capital Group LLC cut its stake in shares of Enstar Group Limited (NASDAQ:ESGR) by 45.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,010 shares of the insurance provider’s stock after selling 22,677 shares during the period. Enstar Group Limited comprises 1.1% of Opus Capital Group LLC’s holdings, making the stock its 8th largest position. Opus Capital Group LLC owned 0.14% of Enstar Group Limited worth $5,366,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. First Bank & Trust increased its stake in Enstar Group Limited by 1.0% in the second quarter. First Bank & Trust now owns 977 shares of the insurance provider’s stock valued at $194,000 after buying an additional 10 shares during the period. Forward Management LLC increased its stake in Enstar Group Limited by 9.6% in the second quarter. Forward Management LLC now owns 1,259 shares of the insurance provider’s stock valued at $250,000 after buying an additional 110 shares during the period. BNP Paribas Arbitrage SA increased its stake in Enstar Group Limited by 652.8% in the second quarter. BNP Paribas Arbitrage SA now owns 1,340 shares of the insurance provider’s stock valued at $266,000 after buying an additional 1,162 shares during the period. SG Americas Securities LLC increased its stake in Enstar Group Limited by 33.8% in the second quarter. SG Americas Securities LLC now owns 1,874 shares of the insurance provider’s stock valued at $372,000 after buying an additional 473 shares during the period. Finally, Rhumbline Advisers increased its stake in Enstar Group Limited by 1.8% in the second quarter. Rhumbline Advisers now owns 16,006 shares of the insurance provider’s stock valued at $3,180,000 after buying an additional 290 shares during the period.

Shares of Enstar Group Limited (NASDAQ ESGR) opened at 200.75 on Friday. The company has a market capitalization of $3.90 billion, a P/E ratio of 12.09 and a beta of 0.83. Enstar Group Limited has a 1-year low of $159.00 and a 1-year high of $209.35. The company has a 50-day moving average price of $201.84 and a 200 day moving average price of $193.92.

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Separately, BidaskClub upgraded Enstar Group Limited from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st.

In other Enstar Group Limited news, insider Paul Michael James Brockman sold 791 shares of the firm’s stock in a transaction on Friday, June 16th. The stock was sold at an average price of $197.00, for a total value of $155,827.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 9.90% of the company’s stock.

Enstar Group Limited Company Profile

Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other international locations. The Company’s segments include Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

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Institutional Ownership by Quarter for Enstar Group Limited (NASDAQ:ESGR)

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