Enstar Group Limited (NASDAQ:ESGR) Stock Holdings Lifted by Wolverine Asset Management LLC

Wolverine Asset Management LLC lifted its position in Enstar Group Limited (NASDAQ:ESGR) by 175.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,254 shares of the insurance provider’s stock after acquiring an additional 2,709 shares during the quarter. Wolverine Asset Management LLC’s holdings in Enstar Group were worth $1,370,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 65 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Enstar Group during the third quarter valued at $48,000. Longfellow Investment Management Co. LLC acquired a new position in Enstar Group during the third quarter valued at $50,000. Key Financial Inc purchased a new stake in Enstar Group in the 4th quarter worth about $52,000. Finally, US Bancorp DE boosted its position in Enstar Group by 40.7% during the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider’s stock worth $68,000 after acquiring an additional 61 shares during the period. Institutional investors and hedge funds own 81.01% of the company’s stock.

Insider Transactions at Enstar Group

In related news, Director Bernard F. Becker sold 100 shares of Enstar Group stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total transaction of $32,344.00. Following the completion of the sale, the director now owns 2,179 shares of the company’s stock, valued at approximately $704,775.76. This trade represents a 4.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.00% of the stock is currently owned by company insiders.

Enstar Group Stock Up 0.2 %

Enstar Group stock opened at $332.53 on Friday. The firm’s 50 day moving average price is $326.46 and its two-hundred day moving average price is $324.16. The firm has a market cap of $5.06 billion, a PE ratio of 5.03 and a beta of 0.64. Enstar Group Limited has a twelve month low of $275.02 and a twelve month high of $348.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Enstar Group in a report on Sunday, February 16th. 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.