Russell Investments Group Ltd. grew its stake in shares of Enstar Group Ltd. (NASDAQ:ESGR) by 24.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 12,382 shares of the insurance provider’s stock after purchasing an additional 2,467 shares during the period. Russell Investments Group Ltd. owned about 0.06% of Enstar Group worth $2,753,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of ESGR. Chase Investment Counsel Corp bought a new position in shares of Enstar Group in the third quarter valued at approximately $222,000. Advisory Services Network LLC grew its holdings in shares of Enstar Group by 1.8% in the second quarter. Advisory Services Network LLC now owns 1,071 shares of the insurance provider’s stock valued at $213,000 after acquiring an additional 19 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Enstar Group 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 acquiring an additional 1,162 shares in the last quarter. HPM Partners LLC grew its holdings in shares of Enstar Group by 3.2% in the second quarter. HPM Partners LLC now owns 1,393 shares of the insurance provider’s stock valued at $277,000 after acquiring an additional 43 shares in the last quarter. Finally, Amalgamated Bank grew its holdings in shares of Enstar Group by 0.3% in the second quarter. Amalgamated Bank now owns 1,436 shares of the insurance provider’s stock valued at $285,000 after acquiring an additional 5 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.
Separately, BidaskClub raised Enstar Group from a “strong sell” rating to a “sell” rating in a report on Tuesday.
Enstar Group Ltd. (NASDAQ:ESGR) traded up $4.45 during mid-day trading on Thursday, hitting $213.00. The stock had a trading volume of 40,368 shares, compared to its average volume of 42,046. The company has a market capitalization of $3,440.00, a price-to-earnings ratio of 20.58 and a beta of 0.83. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.22. Enstar Group Ltd. has a 52 week low of $180.50 and a 52 week high of $237.30.
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About Enstar Group
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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