Mitsubishi UFJ Trust & Banking Corp Sells 1,207 Shares of Enstar Group Limited (NASDAQ:ESGR)

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Enstar Group Limited (NASDAQ:ESGRGet Rating) by 74.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 407 shares of the insurance provider’s stock after selling 1,207 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Enstar Group were worth $87,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ESGR. Swiss National Bank grew its holdings in Enstar Group by 5.8% during the second quarter. Swiss National Bank now owns 27,300 shares of the insurance provider’s stock valued at $5,842,000 after purchasing an additional 1,500 shares during the last quarter. Duality Advisers LP raised its holdings in Enstar Group by 28.7% in the 2nd quarter. Duality Advisers LP now owns 4,441 shares of the insurance provider’s stock worth $950,000 after acquiring an additional 989 shares during the period. M&T Bank Corp lifted its position in Enstar Group by 7.2% during the 2nd quarter. M&T Bank Corp now owns 3,556 shares of the insurance provider’s stock worth $761,000 after acquiring an additional 238 shares during the last quarter. State of New Jersey Common Pension Fund D grew its position in shares of Enstar Group by 13.9% in the second quarter. State of New Jersey Common Pension Fund D now owns 10,233 shares of the insurance provider’s stock valued at $2,190,000 after purchasing an additional 1,252 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Enstar Group by 80.6% in the second quarter. Nisa Investment Advisors LLC now owns 224 shares of the insurance provider’s stock worth $48,000 after purchasing an additional 100 shares during the period. 68.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Enstar Group in a report on Wednesday, October 12th. They set a “hold” rating for the company.

Enstar Group Price Performance

NASDAQ:ESGR opened at $210.29 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market cap of $3.70 billion, a P/E ratio of -3.16 and a beta of 0.62. The company has a fifty day moving average price of $191.31 and a 200 day moving average price of $201.73. Enstar Group Limited has a one year low of $169.04 and a one year high of $286.89.

About Enstar Group

(Get Rating)

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It engages in the run-off property and casualty, and other non-life lines insurance businesses. 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.

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Institutional Ownership by Quarter for Enstar Group (NASDAQ:ESGR)

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