Swiss National Bank Decreases Stock Holdings in Enstar Group Limited (NASDAQ:ESGR)

Swiss National Bank trimmed its holdings in Enstar Group Limited (NASDAQ:ESGR) by 0.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,800 shares of the insurance provider’s stock after selling 100 shares during the quarter. Swiss National Bank owned about 0.16% of Enstar Group worth $7,654,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Dimensional Fund Advisors LP lifted its stake in Enstar Group by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 793,067 shares of the insurance provider’s stock worth $242,442,000 after purchasing an additional 30,831 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position 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 buying an additional 9,520 shares during the period. Harspring Capital Management LLC raised its position in shares of Enstar Group by 3.6% during the 2nd 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 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 acquiring an additional 20,416 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. lifted its holdings in 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 acquiring an additional 513 shares during the last quarter. 81.01% of the stock is owned by hedge funds and other institutional investors.

Enstar Group Trading Up 0.2 %

ESGR opened at $325.38 on Tuesday. Enstar Group Limited has a one year low of $262.54 and a one year high of $348.48. The stock has a market capitalization of $4.96 billion, a PE ratio of 4.93 and a beta of 0.65. The business’s 50 day moving average price is $322.69 and its 200 day moving average price is $319.37. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33.

Enstar Group (NASDAQ:ESGR) last released its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $8.51 EPS for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%. The firm had revenue of $177.00 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Enstar Group in a report on Wednesday, November 20th. 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.