Jane Street Group LLC Purchases Shares of 2,012 Enstar Group Ltd. (ESGR)

Jane Street Group LLC purchased a new stake in shares of Enstar Group Ltd. (NASDAQ:ESGR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,012 shares of the insurance provider’s stock, valued at approximately $420,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC purchased a new position in shares of Enstar Group during the 3rd quarter valued at $100,000. Commonwealth Bank of Australia purchased a new position in shares of Enstar Group during the 3rd quarter valued at $166,000. Virtu Financial LLC purchased a new position in shares of Enstar Group during the 3rd quarter valued at $234,000. Evercore Wealth Management LLC purchased a new position in shares of Enstar Group during the 3rd quarter valued at $252,000. Finally, Manning & Napier Group LLC purchased a new position in shares of Enstar Group during the 3rd quarter valued at $323,000. 70.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ ESGR opened at $169.28 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.06 and a current ratio of 1.06. Enstar Group Ltd. has a one year low of $150.32 and a one year high of $223.45. The firm has a market cap of $3.63 billion, a PE ratio of 22.03 and a beta of 0.79.



Enstar Group (NASDAQ:ESGR) last released its quarterly earnings data on Thursday, November 8th. The insurance provider reported ($0.12) earnings per share (EPS) for the quarter. Enstar Group had a net margin of 8.66% and a return on equity of 4.81%. The company had revenue of $352.52 million for the quarter.

A number of brokerages have recently commented on ESGR. BidaskClub cut Enstar Group from a “hold” rating to a “sell” rating in a research report on Saturday. TheStreet cut Enstar Group from a “b” rating to a “c+” rating in a research report on Wednesday, October 24th.

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About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It operates in three segments: Non-Life Run-Off, Atrium, and StarStone. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.

Further Reading: Fundamental Analysis – How It Helps Investors

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

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