Cwm LLC raised its stake in shares of Enstar Group Limited (NASDAQ:ESGR – Free Report) by 22.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 227 shares of the insurance provider’s stock after acquiring an additional 41 shares during the quarter. Cwm LLC’s holdings in Enstar Group were worth $73,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in ESGR. Dimensional Fund Advisors LP lifted its holdings in shares of Enstar Group by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 793,067 shares of the insurance provider’s stock valued at $242,442,000 after acquiring an additional 30,831 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Enstar Group during the 2nd quarter worth about $7,394,000. American Century Companies Inc. grew its position in shares of Enstar Group by 14.0% during the 2nd quarter. American Century Companies Inc. now owns 166,358 shares of the insurance provider’s stock worth $50,856,000 after buying an additional 20,416 shares during the period. Harbor Capital Advisors Inc. lifted its holdings in shares of Enstar Group by 272.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 19,008 shares of the insurance provider’s stock valued at $5,811,000 after purchasing an additional 13,898 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Enstar Group by 2.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 412,455 shares of the insurance provider’s stock valued at $126,087,000 after purchasing an additional 9,520 shares in the last quarter. 81.01% of the stock is owned by institutional investors.
Enstar Group Trading Up 0.3 %
Shares of Enstar Group stock opened at $325.21 on Friday. Enstar Group Limited has a 12-month low of $231.85 and a 12-month high of $348.48. The stock has a market cap of $4.95 billion, a P/E ratio of 5.54 and a beta of 0.66. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.34. The business’s 50 day moving average is $322.14 and its 200-day moving average is $314.32.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on Enstar Group in a research note on Sunday. They issued a “hold” rating on the stock.
View Our Latest Report on ESGR
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.
Further Reading
- Five stocks we like better than Enstar Group
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- 10 Best Airline Stocks to Buy
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Insider Trades May Not Tell You What You Think
- MarketBeat Week in Review – 10/21- 10/25
Want to see what other hedge funds are holding ESGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enstar Group Limited (NASDAQ:ESGR – Free Report).
Receive News & Ratings for Enstar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enstar Group and related companies with MarketBeat.com's FREE daily email newsletter.