Arizona State Retirement System Has $1.16 Million Holdings in Enstar Group Limited (NASDAQ:ESGR)

Arizona State Retirement System lessened its holdings in Enstar Group Limited (NASDAQ:ESGR) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,495 shares of the insurance provider’s stock after selling 36 shares during the period. Arizona State Retirement System’s holdings in Enstar Group were worth $1,162,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hexagon Capital Partners LLC lifted its position in Enstar Group by 35.0% during the 1st quarter. Hexagon Capital Partners LLC now owns 135 shares of the insurance provider’s stock worth $45,000 after acquiring an additional 35 shares during the last quarter. Blue Trust Inc. lifted its position in Enstar Group by 521.9% during the 1st quarter. Blue Trust Inc. now owns 199 shares of the insurance provider’s stock worth $66,000 after acquiring an additional 167 shares during the last quarter. NewEdge Advisors LLC lifted its position in Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider’s stock worth $68,000 after acquiring an additional 31 shares during the last quarter. Sierra Ocean LLC acquired a new position in Enstar Group during the 1st quarter worth $77,000. Finally, Sterling Capital Management LLC lifted its position in Enstar Group by 825.0% during the 4th quarter. Sterling Capital Management LLC now owns 407 shares of the insurance provider’s stock worth $131,000 after acquiring an additional 363 shares during the last quarter. Institutional investors and hedge funds own 81.01% of the company’s stock.

Enstar Group Price Performance

Shares of Enstar Group stock opened at $337.91 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 10.76 and a beta of 0.70. Enstar Group Limited has a 1-year low of $318.25 and a 1-year high of $348.48. The firm’s 50-day moving average price is $336.14 and its two-hundred day moving average price is $332.70.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen initiated coverage on shares of Enstar Group in a research report on Saturday, April 5th. They set a “hold” rating for the company.

Insider Activity at Enstar Group

In related news, Director Hans-Peter Gerhardt sold 407 shares of the stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $334.00, for a total value of $135,938.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 8.00% of the stock is owned by company insiders.

Enstar Group Company 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.