32,000 Shares in Enstar Group Limited (NASDAQ:ESGR) Purchased by Slotnik Capital LLC

Slotnik Capital LLC acquired a new position in shares of Enstar Group Limited (NASDAQ:ESGR) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 32,000 shares of the insurance provider’s stock, valued at approximately $10,291,000. Enstar Group accounts for 3.4% of Slotnik Capital LLC’s portfolio, making the stock its 10th biggest position. Slotnik Capital LLC owned approximately 0.21% of Enstar Group at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of Enstar Group in the second quarter valued at approximately $31,000. GAMMA Investing LLC lifted its position in shares of Enstar Group by 248.5% in the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 82 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Enstar Group by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 65 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Enstar Group in the 3rd quarter valued at approximately $48,000. Finally, Longfellow Investment Management Co. LLC purchased a new stake in shares of Enstar Group in the 3rd quarter valued at approximately $50,000. Institutional investors and hedge funds own 81.01% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Enstar Group in a research report on Thursday. They issued a “hold” rating for the company.

Enstar Group Stock Performance

NASDAQ:ESGR opened at $324.70 on Friday. The firm’s 50-day moving average is $323.16 and its 200-day moving average is $319.84. Enstar Group Limited has a 52-week low of $262.54 and a 52-week high of $348.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. The company has a market cap of $4.95 billion, a price-to-earnings ratio of 4.92 and a beta of 0.65.

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

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.