Oakworth Capital Inc. cut its holdings in shares of Enstar Group Ltd. (NASDAQ:ESGR) by 17.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,201 shares of the insurance provider’s stock after selling 659 shares during the quarter. Oakworth Capital Inc.’s holdings in Enstar Group were worth $710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in ESGR. Daiwa Securities Group Inc. purchased a new stake in shares of Enstar Group during the third quarter valued at $5,978,000. New York State Common Retirement Fund boosted its position in Enstar Group by 187.4% in the second quarter. New York State Common Retirement Fund now owns 34,776 shares of the insurance provider’s stock worth $6,908,000 after purchasing an additional 22,675 shares during the last quarter. Northern Trust Corp boosted its position in Enstar Group by 10.5% in the second quarter. Northern Trust Corp now owns 219,386 shares of the insurance provider’s stock worth $43,582,000 after purchasing an additional 20,841 shares during the last quarter. FMR LLC boosted its position in Enstar Group by 3.4% in the second quarter. FMR LLC now owns 556,580 shares of the insurance provider’s stock worth $110,564,000 after purchasing an additional 18,159 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its position in Enstar Group by 6.1% in the third quarter. Eagle Asset Management Inc. now owns 273,772 shares of the insurance provider’s stock worth $62,105,000 after purchasing an additional 15,750 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors.

Separately, BidaskClub cut Enstar Group from a “hold” rating to a “sell” rating in a research report on Thursday.

Shares of Enstar Group Ltd. (NASDAQ ESGR) traded down $2.60 during trading hours on Monday, reaching $207.65. The company’s stock had a trading volume of 68,900 shares, compared to its average volume of 40,723. The stock has a market capitalization of $4,034.02, a PE ratio of 19.65 and a beta of 0.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14. Enstar Group Ltd. has a fifty-two week low of $180.50 and a fifty-two week high of $237.30.

Enstar Group (NASDAQ:ESGR) last announced its earnings results on Wednesday, November 8th. The insurance provider reported $1.81 earnings per share (EPS) for the quarter. Enstar Group had a return on equity of 6.91% and a net margin of 20.31%.

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Enstar Group Company Profile

Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other international locations. The Company’s segments include Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

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

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