Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Duality Advisers LP

Duality Advisers LP cut its holdings in Enstar Group Limited (NASDAQ:ESGR – Get Rating) by 25.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,307 shares of the insurance provider’s stock after selling 1,134 shares during the period. Duality Advisers LP’s holdings in Enstar Group were worth $561,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Sigma Planning Corp boosted its holdings in shares of Enstar Group by 4.6% in the 2nd quarter. Sigma Planning Corp now owns 1,175 shares of the insurance provider’s stock valued at $251,000 after buying an additional 52 shares during the period. US Bancorp DE boosted its holdings in shares of Enstar Group by 69.0% in the 3rd quarter. US Bancorp DE now owns 147 shares of the insurance provider’s stock valued at $25,000 after buying an additional 60 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Enstar Group by 80.6% in the 2nd quarter. Nisa Investment Advisors LLC now owns 224 shares of the insurance provider’s stock valued at $48,000 after buying an additional 100 shares during the period. Advisor Group Holdings Inc. boosted its holdings in shares of Enstar Group by 34.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 421 shares of the insurance provider’s stock valued at $111,000 after buying an additional 108 shares during the period. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of Enstar Group by 171.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 174 shares of the insurance provider’s stock valued at $30,000 after buying an additional 110 shares during the period. 70.47% of the stock is owned by institutional investors and hedge funds.

Enstar Group Trading Down 0.9 %

Enstar Group stock opened at $240.76 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $225.08 and a two-hundred day moving average price of $204.10. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of -3.62 and a beta of 0.60. Enstar Group Limited has a 52-week low of $169.04 and a 52-week high of $286.89.

Enstar Group (NASDAQ:ESGR – Get Rating) last posted its earnings results on Thursday, November 3rd. The insurance provider reported ($8.82) earnings per share (EPS) for the quarter. The business had revenue of $116.00 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Enstar Group in a research note on Wednesday, October 12th. They set a “hold” rating for the company.

Enstar Group Profile

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Enstar Group Ltd. is a holding company, which engages in the acquisition and management of insurance and reinsurance companies. It operates through the following segments: Run-off, Enhanced RE, Investments, and Legacy Underwriting. The Run-off segment is consisted of acquired property and other insurance business.