Oliver Luxxe Assets LLC Acquires 155 Shares of Enstar Group Limited (NASDAQ:ESGR)

Oliver Luxxe Assets LLC increased its stake in Enstar Group Limited (NASDAQ:ESGR) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,075 shares of the insurance provider’s stock after purchasing an additional 155 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in Enstar Group were worth $1,956,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Sequoia Financial Advisors LLC raised its stake in shares of Enstar Group by 640.8% in the third quarter. Sequoia Financial Advisors LLC now owns 26,313 shares of the insurance provider’s stock worth $8,462,000 after buying an additional 22,761 shares during the period. Harspring Capital Management LLC raised its stake in Enstar Group by 3.6% during the 2nd quarter. Harspring Capital Management LLC now owns 195,000 shares of the insurance provider’s stock worth $59,612,000 after acquiring an additional 6,750 shares during the period. Citigroup Inc. lifted its holdings in Enstar Group by 10.6% during the third quarter. Citigroup Inc. now owns 12,485 shares of the insurance provider’s stock valued at $4,015,000 after purchasing an additional 1,198 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Enstar Group by 2.3% in the third quarter. Cerity Partners LLC now owns 4,052 shares of the insurance provider’s stock worth $1,303,000 after purchasing an additional 90 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Enstar Group in the third quarter worth $547,000. 81.01% of the stock is currently owned by hedge funds and other institutional investors.

Enstar Group Price Performance

Shares of NASDAQ ESGR traded up $0.89 during mid-day trading on Monday, reaching $327.15. The company’s stock had a trading volume of 72,091 shares, compared to its average volume of 100,203. 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 Limited has a 52 week low of $262.54 and a 52 week high of $348.48. The stock has a fifty day moving average of $324.07 and a two-hundred day moving average of $322.94. The firm has a market capitalization of $4.98 billion, a PE ratio of 4.95 and a beta of 0.65.

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

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Monday, December 30th. They set a “hold” rating on the stock.

Insider Buying and Selling

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of the stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $323.44, for a total transaction of $32,344.00. Following the completion of the transaction, the director now owns 2,179 shares of the company’s stock, valued at $704,775.76. This represents a 4.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.00% of the stock is owned by company insiders.

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.