Marshall Wace LLP Sells 654 Shares of Enstar Group Limited (NASDAQ:ESGR)

Marshall Wace LLP lowered its position in Enstar Group Limited (NASDAQ:ESGR) by 43.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 840 shares of the insurance provider’s stock after selling 654 shares during the period. Marshall Wace LLP’s holdings in Enstar Group were worth $257,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ESGR. Farmers & Merchants Investments Inc. bought a new stake in shares of Enstar Group in the 2nd quarter valued at $31,000. CWM LLC increased its holdings in Enstar Group by 293.3% during the 1st quarter. CWM LLC now owns 118 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 88 shares in the last quarter. HHM Wealth Advisors LLC bought a new position in Enstar Group during the 2nd quarter worth about $80,000. EntryPoint Capital LLC bought a new position in Enstar Group during the 1st quarter worth about $147,000. Finally, Vanguard Personalized Indexing Management LLC bought a new position in Enstar Group during the 2nd quarter worth about $203,000. Institutional investors own 81.01% of the company’s stock.

Analyst Ratings Changes

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

Enstar Group Price Performance

Shares of NASDAQ ESGR opened at $323.35 on Friday. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of 6.28 and a beta of 0.66. The business has a 50-day moving average of $321.59 and a 200-day moving average of $312.64. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.31 and a quick ratio of 0.31. Enstar Group Limited has a fifty-two week low of $229.57 and a fifty-two week high of $348.48.

Enstar Group (NASDAQ:ESGR) last announced its quarterly earnings data on Monday, July 29th. The insurance provider reported $10.78 earnings per share for the quarter. The company had revenue of $159.00 million during the quarter. Enstar Group had a return on equity of 18.55% and a net margin of 81.31%.

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.