Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Mitchell Mcleod Pugh & Williams Inc.

Mitchell Mcleod Pugh & Williams Inc. lessened its position in Enstar Group Limited (NASDAQ:ESGR) by 5.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,685 shares of the insurance provider’s stock after selling 345 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Enstar Group were worth $1,673,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ESGR. Allworth Financial LP grew its stake in Enstar Group by 2,966.7% in the 4th quarter. Allworth Financial LP now owns 92 shares of the insurance provider’s stock worth $27,000 after acquiring an additional 89 shares during the period. Naples Money Management LLC purchased a new position in shares of Enstar Group during the fourth quarter valued at $103,000. Xponance Inc. bought a new position in Enstar Group during the fourth quarter valued at approximately $213,000. Neville Rodie & Shaw Inc. bought a new stake in shares of Enstar Group during the 4th quarter worth about $221,000. Finally, Robeco Institutional Asset Management B.V. acquired a new position in Enstar Group in the 3rd quarter valued at $253,000. Institutional investors and hedge funds own 81.01% of the company’s stock.

Analyst Upgrades and Downgrades

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

Enstar Group Price Performance

NASDAQ:ESGR traded up $3.99 during trading hours on Monday, reaching $292.29. 3,315 shares of the company were exchanged, compared to its average volume of 48,493. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.33 and a quick ratio of 0.33. Enstar Group Limited has a 1-year low of $225.81 and a 1-year high of $312.55. The company has a market capitalization of $4.44 billion, a P/E ratio of 4.22 and a beta of 0.66. The business has a 50 day moving average of $294.73 and a 200 day moving average of $278.18.

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

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.