Cwm LLC Buys 41 Shares of Enstar Group Limited (NASDAQ:ESGR)

Cwm LLC raised its stake in shares of Enstar Group Limited (NASDAQ:ESGR) 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.

Enstar Group (NASDAQ:ESGR) last posted its earnings results on Monday, July 29th. The insurance provider reported $10.78 earnings per share for the quarter. The business had revenue of $159.00 million for the quarter. Enstar Group had a return on equity of 18.55% and a net margin of 81.31%.

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.

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.