PFG Investments LLC Increases Position in Enstar Group Limited (NASDAQ:ESGR)

PFG Investments LLC increased its stake in shares of Enstar Group Limited (NASDAQ:ESGR) by 34.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,750 shares of the insurance provider’s stock after buying an additional 450 shares during the quarter. PFG Investments LLC’s holdings in Enstar Group were worth $515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Mariner LLC grew its holdings in shares of Enstar Group by 3.3% during the fourth quarter. Mariner LLC now owns 1,586 shares of the insurance provider’s stock valued at $366,000 after buying an additional 51 shares during the last quarter. Osaic Holdings Inc. lifted its position in Enstar Group by 83.3% during the second quarter. Osaic Holdings Inc. now owns 121 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 55 shares during the period. US Bancorp DE lifted its position in Enstar Group by 60.0% during the second quarter. US Bancorp DE now owns 176 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 66 shares during the period. Laurel Wealth Advisors Inc. lifted its position in Enstar Group by 4.0% during the fourth quarter. Laurel Wealth Advisors Inc. now owns 1,736 shares of the insurance provider’s stock valued at $401,000 after purchasing an additional 67 shares during the period. Finally, IHT Wealth Management LLC lifted its position in Enstar Group by 5.1% during the third quarter. IHT Wealth Management LLC now owns 1,471 shares of the insurance provider’s stock valued at $249,000 after purchasing an additional 71 shares during the period. 81.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ESGR shares. StockNews.com downgraded shares of Enstar Group from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. TheStreet upgraded shares of Enstar Group from a “c” rating to a “b-” rating in a research report on Monday, December 4th.

Enstar Group Trading Up 3.0 %

NASDAQ ESGR opened at $307.86 on Thursday. The company has a market capitalization of $4.68 billion, a PE ratio of 4.51 and a beta of 0.66. The company has a fifty day moving average of $287.22 and a 200 day moving average of $270.81. Enstar Group Limited has a 1 year low of $224.91 and a 1 year high of $310.92. 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 (NASDAQ:ESGR) last issued its quarterly earnings data on Tuesday, February 20th. The insurance provider reported $31.02 earnings per share for the quarter. The business had revenue of $186.00 million during 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.