Enstar Group Limited (NASDAQ:ESGR) Stock Holdings Cut by Teacher Retirement System of Texas

Teacher Retirement System of Texas decreased its position in Enstar Group Limited (NASDAQ:ESGR) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,289 shares of the insurance provider’s stock after selling 53 shares during the quarter. Teacher Retirement System of Texas’ holdings in Enstar Group were worth $737,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Key Financial Inc acquired a new stake in Enstar Group in the 4th quarter valued at about $52,000. Vestcor Inc bought a new stake in Enstar Group during the fourth quarter worth approximately $96,000. KBC Group NV increased its holdings in shares of Enstar Group by 39.7% in the fourth quarter. KBC Group NV now owns 482 shares of the insurance provider’s stock valued at $155,000 after buying an additional 137 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Enstar Group during the 4th quarter valued at $174,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Enstar Group by 484.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 877 shares of the insurance provider’s stock worth $282,000 after acquiring an additional 727 shares in the last quarter. Institutional investors own 81.01% of the company’s stock.

Enstar Group Stock Down 0.1 %

ESGR stock opened at $332.37 on Monday. The company’s 50 day simple moving average is $330.37 and its 200-day simple moving average is $325.96. Enstar Group Limited has a 52-week low of $275.02 and a 52-week high of $348.48. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a market capitalization of $4.95 billion, a P/E ratio of 5.03 and a beta of 0.61.

Enstar Group (NASDAQ:ESGR) last issued its earnings results on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%. The business had revenue of $240.00 million during the quarter.

Insiders Place Their Bets

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total value of $160,770.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 8.00% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Enstar Group in a report on Friday. They set a “hold” rating for the company.

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.