PFG Investments LLC Acquires 450 Shares of Enstar Group Limited (NASDAQ:ESGR)

PFG Investments LLC increased its holdings in shares of Enstar Group Limited (NASDAQ:ESGR) by 34.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,750 shares of the insurance provider’s stock after acquiring an additional 450 shares during the period. PFG Investments LLC’s holdings in Enstar Group were worth $515,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ESGR. Osaic Holdings Inc. boosted its stake in Enstar Group by 83.3% during the second quarter. Osaic Holdings Inc. now owns 121 shares of the insurance provider’s stock worth $30,000 after acquiring an additional 55 shares in the last quarter. Lazard Asset Management LLC purchased a new position in Enstar Group in the fourth quarter worth about $39,000. US Bancorp DE raised its holdings in Enstar Group by 60.0% in the second quarter. US Bancorp DE now owns 176 shares of the insurance provider’s stock worth $43,000 after buying an additional 66 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Enstar Group by 651.6% in the first quarter. Russell Investments Group Ltd. now owns 466 shares of the insurance provider’s stock worth $108,000 after buying an additional 404 shares during the last quarter. Finally, Advisor Group Holdings Inc. raised its holdings in Enstar Group by 34.5% in the first quarter. Advisor Group Holdings Inc. now owns 421 shares of the insurance provider’s stock worth $111,000 after buying an additional 108 shares during the last quarter. Institutional investors own 81.01% of the company’s stock.

Enstar Group Stock Up 3.0 %

ESGR opened at $307.86 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average price of $287.22 and a 200-day moving average price of $270.81. Enstar Group Limited has a twelve month low of $224.91 and a twelve month high of $310.92. The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 4.51 and a beta of 0.66.

Enstar Group (NASDAQ:ESGR) last released its quarterly earnings data on Tuesday, February 20th. The insurance provider reported $31.02 earnings per share for the quarter. Enstar Group had a net margin of 78.24% and a return on equity of 24.87%. The firm had revenue of $186.00 million during the quarter.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ESGR shares. TheStreet raised shares of Enstar Group from a “c” rating to a “b-” rating in a report on Monday, December 4th. StockNews.com cut shares of Enstar Group from a “buy” rating to a “hold” rating in a report on Thursday, February 29th.

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.