Longfellow Investment Management Co. LLC Takes $50,000 Position in Enstar Group Limited (NASDAQ:ESGR)

Longfellow Investment Management Co. LLC acquired a new position in Enstar Group Limited (NASDAQ:ESGR) in the third quarter, Holdings Channel reports. The fund acquired 157 shares of the insurance provider’s stock, valued at approximately $50,000.

A number of other large investors also recently bought and sold shares of ESGR. Lazard Asset Management LLC lifted its position in shares of Enstar Group by 194.6% during the first quarter. Lazard Asset Management LLC now owns 1,373 shares of the insurance provider’s stock valued at $426,000 after buying an additional 907 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Enstar Group by 1.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,008 shares of the insurance provider’s stock valued at $2,489,000 after acquiring an additional 139 shares during the last quarter. Janus Henderson Group PLC lifted its position in Enstar Group by 87.4% during the first quarter. Janus Henderson Group PLC now owns 9,834 shares of the insurance provider’s stock valued at $3,054,000 after acquiring an additional 4,586 shares during the last quarter. California State Teachers Retirement System boosted its stake in Enstar Group by 1.4% in the first quarter. California State Teachers Retirement System now owns 12,134 shares of the insurance provider’s stock valued at $3,771,000 after acquiring an additional 171 shares in the last quarter. Finally, Tidal Investments LLC grew its holdings in Enstar Group by 55.0% in the first quarter. Tidal Investments LLC now owns 2,241 shares of the insurance provider’s stock worth $696,000 after purchasing an additional 795 shares during the last quarter. Institutional investors own 81.01% of the company’s stock.

Enstar Group Stock Up 0.1 %

Enstar Group stock opened at $324.71 on Monday. 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 market cap of $4.95 billion, a PE ratio of 4.92 and a beta of 0.65. 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 business’s 50-day simple moving average is $322.69 and its two-hundred day simple moving average is $319.37.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Enstar Group in a report on Wednesday, November 20th. 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.