Mitchell Mcleod Pugh & Williams Inc. Sells 355 Shares of Enstar Group Limited (NASDAQ:ESGR)

Mitchell Mcleod Pugh & Williams Inc. lessened its holdings in shares of Enstar Group Limited (NASDAQ:ESGR) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,430 shares of the insurance provider’s stock after selling 355 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Enstar Group were worth $1,427,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Syquant Capital Sas bought a new position in shares of Enstar Group during the fourth quarter worth about $5,295,000. Oliver Luxxe Assets LLC lifted its position in Enstar Group by 2.6% during the 4th quarter. Oliver Luxxe Assets LLC now owns 6,075 shares of the insurance provider’s stock worth $1,956,000 after buying an additional 155 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Enstar Group by 7.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,632 shares of the insurance provider’s stock worth $12,102,000 after buying an additional 2,498 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Enstar Group by 52.8% in the 3rd quarter. Franklin Resources Inc. now owns 15,888 shares of the insurance provider’s stock valued at $5,118,000 after acquiring an additional 5,489 shares in the last quarter. Finally, Tidal Investments LLC increased its position in shares of Enstar Group by 15.6% in the third quarter. Tidal Investments LLC now owns 2,295 shares of the insurance provider’s stock valued at $738,000 after acquiring an additional 310 shares during the last quarter. 81.01% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Bernard F. Becker sold 100 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total transaction of $32,344.00. Following the sale, the director now owns 2,179 shares in the company, valued at $704,775.76. The trade was a 4.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 8.00% of the company’s stock.

Enstar Group Price Performance

Shares of ESGR opened at $327.00 on Monday. Enstar Group Limited has a fifty-two week low of $262.54 and a fifty-two week high of $348.48. The firm has a market capitalization of $4.98 billion, a PE ratio of 4.95 and a beta of 0.65. The company’s 50-day moving average is $324.61 and its 200-day moving average is $324.07. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.33 and a quick ratio of 0.33.

Enstar Group (NASDAQ:ESGR) last issued 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 net margin of 73.26% and a return on equity of 17.33%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Wednesday, January 15th. They issued 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.