State of New Jersey Common Pension Fund D Buys 94 Shares of Enstar Group Limited (NASDAQ:ESGR)

State of New Jersey Common Pension Fund D grew its holdings in shares of Enstar Group Limited (NASDAQ:ESGR) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,110 shares of the insurance provider’s stock after acquiring an additional 94 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Enstar Group were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of ESGR. SG Americas Securities LLC lifted its stake in shares of Enstar Group by 47.2% during the 1st quarter. SG Americas Securities LLC now owns 1,438 shares of the insurance provider’s stock valued at $447,000 after buying an additional 461 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Enstar Group by 759.1% during the 1st quarter. Russell Investments Group Ltd. now owns 6,383 shares of the insurance provider’s stock valued at $1,984,000 after purchasing an additional 5,640 shares during the last quarter. ProShare Advisors LLC grew its holdings in Enstar Group by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 2,145 shares of the insurance provider’s stock valued at $667,000 after purchasing an additional 168 shares during the last quarter. Atlanta Consulting Group Advisors LLC bought a new position in Enstar Group in the 1st quarter worth about $280,000. Finally, EntryPoint Capital LLC bought a new position in Enstar Group in the 1st quarter worth about $147,000. Institutional investors own 81.01% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Tuesday, November 12th. They issued a “hold” rating on the stock.

Enstar Group Price Performance

NASDAQ:ESGR opened at $323.71 on Monday. The company has a quick ratio of 0.31, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. Enstar Group Limited has a 52 week low of $255.99 and a 52 week high of $348.48. The stock has a market capitalization of $4.93 billion, a PE ratio of 4.90 and a beta of 0.65. The stock’s 50-day moving average price is $322.27 and its 200-day moving average price is $318.49.

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

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.