Enclave Advisors LLC Sells 50 Shares of Enstar Group Limited (NASDAQ:ESGR)

Enclave Advisors LLC lowered its position in Enstar Group Limited (NASDAQ:ESGR) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 950 shares of the insurance provider’s stock after selling 50 shares during the quarter. Enclave Advisors LLC’s holdings in Enstar Group were worth $306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC acquired a new stake in Enstar Group in the 2nd quarter valued at about $203,000. XTX Topco Ltd bought a new stake in Enstar Group in the second quarter valued at approximately $353,000. AE Wealth Management LLC bought a new stake in Enstar Group in the second quarter valued at approximately $254,000. Sei Investments Co. lifted its position in shares of Enstar Group by 19.4% in the second quarter. Sei Investments Co. now owns 12,654 shares of the insurance provider’s stock valued at $3,868,000 after buying an additional 2,055 shares during the last quarter. Finally, Xponance Inc. boosted its stake in shares of Enstar Group by 11.4% during the 2nd quarter. Xponance Inc. now owns 808 shares of the insurance provider’s stock worth $247,000 after acquiring an additional 83 shares during the period. Institutional investors own 81.01% of the company’s stock.

Insider Transactions at Enstar Group

In other news, Director Bernard F. Becker sold 100 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $323.44, for a total value of $32,344.00. Following the completion of the sale, the director now owns 2,179 shares of the company’s stock, valued at approximately $704,775.76. The trade was a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.00% of the stock is owned by corporate insiders.

Enstar Group Price Performance

Shares of ESGR opened at $327.10 on Wednesday. The firm has a market capitalization of $4.98 billion, a PE ratio of 4.95 and a beta of 0.65. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. The company’s 50-day moving average is $324.74 and its 200-day moving average is $324.08. Enstar Group Limited has a fifty-two week low of $262.54 and a fifty-two week high of $348.48.

Enstar Group (NASDAQ:ESGR) last released its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The firm had revenue of $177.00 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Enstar Group in a research note on Wednesday, January 15th. They issued a “hold” rating on the stock.

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.