263 Shares in Enstar Group Limited (NASDAQ:ESGR) Acquired by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC acquired a new stake in shares of Enstar Group Limited (NASDAQ:ESGR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 263 shares of the insurance provider’s stock, valued at approximately $80,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Enstar Group during the 4th quarter valued at $40,397,000. Crow s Nest Holdings LP acquired a new position in Enstar Group during the fourth quarter worth $39,737,000. NFC Investments LLC bought a new position in Enstar Group during the fourth quarter valued at about $25,720,000. Dimensional Fund Advisors LP lifted its position in shares of Enstar Group by 5.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 725,999 shares of the insurance provider’s stock worth $213,698,000 after buying an additional 39,137 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Enstar Group by 272.0% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 19,008 shares of the insurance provider’s stock worth $5,811,000 after acquiring an additional 13,898 shares in the last quarter. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Enstar Group in a report on Monday. They issued a “hold” rating for the company.

Enstar Group Price Performance

Shares of Enstar Group stock opened at $320.17 on Thursday. Enstar Group Limited has a 1-year low of $229.57 and a 1-year high of $348.48. The firm has a fifty day simple moving average of $325.07 and a 200-day simple moving average of $309.14. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 6.22 and a beta of 0.66.

Enstar Group (NASDAQ:ESGR) last released its earnings results on Monday, July 29th. The insurance provider reported $10.78 earnings per share for the quarter. The firm had revenue of $159.00 million during the quarter. Enstar Group had a net margin of 81.31% and a return on equity of 18.55%.

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.