Commonwealth Bank of Australia Buys Shares of 800 Enstar Group Ltd. (ESGR)

Commonwealth Bank of Australia bought a new position in Enstar Group Ltd. (NASDAQ:ESGR) during the 3rd quarter, HoldingsChannel reports. The fund bought 800 shares of the insurance provider’s stock, valued at approximately $166,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Enstar Group by 11.4% in the 2nd quarter. BlackRock Inc. now owns 793,261 shares of the insurance provider’s stock worth $164,443,000 after purchasing an additional 81,271 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Enstar Group by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 360,528 shares of the insurance provider’s stock worth $74,737,000 after purchasing an additional 13,643 shares during the last quarter. Diamond Hill Capital Management Inc. grew its holdings in shares of Enstar Group by 4.3% in the 2nd quarter. Diamond Hill Capital Management Inc. now owns 280,332 shares of the insurance provider’s stock worth $58,113,000 after purchasing an additional 11,678 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Enstar Group by 5.0% in the 2nd quarter. Northern Trust Corp now owns 226,889 shares of the insurance provider’s stock worth $47,034,000 after purchasing an additional 10,804 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of Enstar Group by 17.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 64,051 shares of the insurance provider’s stock worth $13,278,000 after purchasing an additional 9,293 shares during the last quarter. 71.75% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently weighed in on ESGR. BidaskClub raised shares of Enstar Group from a “hold” rating to a “buy” rating in a report on Friday, August 17th. TheStreet lowered shares of Enstar Group from a “b” rating to a “c+” rating in a report on Wednesday, October 24th.

Shares of NASDAQ ESGR opened at $176.17 on Monday. The stock has a market cap of $3.78 billion, a P/E ratio of 22.97 and a beta of 0.85. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.06 and a current ratio of 1.06. Enstar Group Ltd. has a 12-month low of $173.48 and a 12-month high of $228.32.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings results on Thursday, November 8th. The insurance provider reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $352.52 million for the quarter. Enstar Group had a return on equity of 4.81% and a net margin of 8.66%.

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Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It operates in three segments: Non-Life Run-Off, Atrium, and StarStone. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.

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Want to see what other hedge funds are holding ESGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enstar Group Ltd. (NASDAQ:ESGR).

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

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