Mraz Amerine & Associates Inc. Buys 654 Shares of Enstar Group Limited (NASDAQ:ESGR)

Mraz Amerine & Associates Inc. lifted its stake in Enstar Group Limited (NASDAQ:ESGR) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,780 shares of the insurance provider’s stock after acquiring an additional 654 shares during the quarter. Enstar Group makes up 6.3% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 4th biggest holding. Mraz Amerine & Associates Inc.’s holdings in Enstar Group were worth $29,959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Enstar Group by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,099,921 shares of the insurance provider’s stock worth $186,536,000 after acquiring an additional 17,369 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Enstar Group by 1.0% in the first quarter. Wellington Management Group LLP now owns 1,049,093 shares of the insurance provider’s stock worth $273,971,000 after acquiring an additional 10,151 shares during the last quarter. BlackRock Inc. increased its stake in shares of Enstar Group by 4.8% in the second quarter. BlackRock Inc. now owns 876,920 shares of the insurance provider’s stock worth $214,179,000 after acquiring an additional 40,329 shares during the last quarter. State Street Corp increased its stake in shares of Enstar Group by 1.5% in the first quarter. State Street Corp now owns 309,895 shares of the insurance provider’s stock worth $80,929,000 after acquiring an additional 4,495 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its stake in shares of Enstar Group by 0.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 254,349 shares of the insurance provider’s stock worth $66,423,000 after acquiring an additional 1,598 shares during the last quarter. 81.01% of the stock is owned by institutional investors and hedge funds.

Enstar Group Stock Down 1.9 %

Enstar Group stock traded down $5.50 during mid-day trading on Wednesday, hitting $276.68. 41,618 shares of the company’s stock were exchanged, compared to its average volume of 50,456. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.36. The stock has a market cap of $4.21 billion, a P/E ratio of 4.05 and a beta of 0.66. Enstar Group Limited has a 1-year low of $225.81 and a 1-year high of $312.55. The stock has a 50 day moving average of $293.38 and a two-hundred day moving average of $275.62.

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

Analysts Set New Price Targets

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

Enstar Group 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.