Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its holdings in shares of Enstar Group Limited (NASDAQ:ESGR) by 58.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,944 shares of the insurance provider’s stock after selling 4,130 shares during the quarter. Victory Capital Management Inc.’s holdings in Enstar Group were worth $947,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its holdings in shares of Enstar Group by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 793,067 shares of the insurance provider’s stock valued at $242,442,000 after buying an additional 30,831 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Enstar Group by 2.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 412,455 shares of the insurance provider’s stock valued at $126,087,000 after buying an additional 9,520 shares during the period. Harspring Capital Management LLC lifted its holdings in shares of Enstar Group by 3.6% in the second quarter. Harspring Capital Management LLC now owns 195,000 shares of the insurance provider’s stock valued at $59,612,000 after buying an additional 6,750 shares during the period. American Century Companies Inc. lifted its holdings in shares of Enstar Group by 14.0% in the second quarter. American Century Companies Inc. now owns 166,358 shares of the insurance provider’s stock valued at $50,856,000 after buying an additional 20,416 shares during the period. Finally, Mraz Amerine & Associates Inc. lifted its holdings in shares of Enstar Group by 0.5% in the second quarter. Mraz Amerine & Associates Inc. now owns 103,462 shares of the insurance provider’s stock valued at $31,628,000 after buying an additional 513 shares during the period. Institutional investors and hedge funds own 81.01% of the company’s stock.

Enstar Group Trading Down 0.1 %

Shares of NASDAQ ESGR opened at $325.35 on Thursday. Enstar Group Limited has a 12 month low of $262.54 and a 12 month high of $348.48. The company has a market cap of $4.96 billion, a price-to-earnings ratio of 4.93 and a beta of 0.65. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33. The business has a fifty day simple moving average of $322.85 and a 200-day simple moving average of $319.62.

Enstar Group (NASDAQ:ESGR) last posted its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share for the quarter. The firm 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%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Enstar Group in a report on Thursday. They issued a “hold” rating for the company.

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.