Enstar Group Limited (NASDAQ:ESGR) Stock Holdings Decreased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its stake in shares of Enstar Group Limited (NASDAQ:ESGR) by 3.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 127,568 shares of the insurance provider’s stock after selling 4,024 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Enstar Group were worth $41,025,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Alpine Associates Management Inc. bought a new stake in shares of Enstar Group during the 3rd quarter valued at about $24,465,000. Dimensional Fund Advisors LP boosted its stake in Enstar Group by 4.0% in 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. bought a new position in shares of Enstar Group during the second quarter valued at approximately $7,394,000. Sequoia Financial Advisors LLC raised its position in shares of Enstar Group by 640.8% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 26,313 shares of the insurance provider’s stock worth $8,462,000 after purchasing an additional 22,761 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Enstar Group by 14.0% in the 2nd quarter. American Century Companies Inc. now owns 166,358 shares of the insurance provider’s stock worth $50,856,000 after purchasing an additional 20,416 shares during the last quarter. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Enstar Group Stock Up 0.3 %

ESGR stock opened at $325.68 on Tuesday. The stock has a market cap of $4.96 billion, a PE ratio of 4.93 and a beta of 0.65. The firm’s 50-day simple moving average is $323.26 and its 200 day simple moving average is $320.07. Enstar Group Limited has a fifty-two week low of $262.54 and a fifty-two week high of $348.48. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.33.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Enstar Group in a research note on Thursday, November 28th. They set a “hold” rating for the company.

Enstar Group Company 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.