1,545 Shares in Enstar Group Limited (NASDAQ:ESGR) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new stake in Enstar Group Limited (NASDAQ:ESGR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,545 shares of the insurance provider’s stock, valued at approximately $497,000.

Several other large investors have also modified their holdings of the company. Daiwa Securities Group Inc. raised its position in Enstar Group by 0.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,958 shares of the insurance provider’s stock valued at $2,127,000 after purchasing an additional 38 shares during the last quarter. CWM LLC raised its holdings in shares of Enstar Group by 22.0% in the third quarter. CWM LLC now owns 227 shares of the insurance provider’s stock valued at $73,000 after buying an additional 41 shares during the last quarter. US Bancorp DE boosted its stake in shares of Enstar Group by 40.7% during the third quarter. US Bancorp DE now owns 211 shares of the insurance provider’s stock worth $68,000 after buying an additional 61 shares during the period. Arizona State Retirement System grew its holdings in shares of Enstar Group by 1.9% during the second quarter. Arizona State Retirement System now owns 3,404 shares of the insurance provider’s stock worth $1,041,000 after buying an additional 63 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Enstar Group by 3.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,721 shares of the insurance provider’s stock valued at $526,000 after acquiring an additional 65 shares during the period. 81.01% of the stock is owned by institutional investors and hedge funds.

Enstar Group Price Performance

Shares of Enstar Group stock opened at $323.50 on Thursday. Enstar Group Limited has a one year low of $252.00 and a one year high of $348.48. The company has a market cap of $4.93 billion, a P/E ratio of 4.90 and a beta of 0.65. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.31 and a current ratio of 0.31. The firm has a fifty day moving average of $322.10 and a two-hundred day moving average of $317.87.

Enstar Group (NASDAQ:ESGR) last posted its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.61%. The firm had revenue of $177.00 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Enstar Group in a research note on Tuesday. They issued a “hold” rating on the stock.

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.