Thompson Siegel & Walmsley LLC Lowers Stock Holdings in Enstar Group Limited (NASDAQ:ESGR)

Thompson Siegel & Walmsley LLC cut its holdings in shares of Enstar Group Limited (NASDAQ:ESGR) by 17.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,374 shares of the insurance provider’s stock after selling 736 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Enstar Group were worth $1,031,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ESGR. Daiwa Securities Group Inc. grew its stake in shares of Enstar Group by 0.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 6,958 shares of the insurance provider’s stock valued at $2,127,000 after buying an additional 38 shares during the period. Arizona State Retirement System increased its stake in Enstar Group by 1.9% during the second quarter. Arizona State Retirement System now owns 3,404 shares of the insurance provider’s stock worth $1,041,000 after acquiring an additional 63 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Enstar Group by 3.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,721 shares of the insurance provider’s stock worth $526,000 after purchasing an additional 65 shares during the period. CWM LLC raised its holdings in shares of Enstar Group by 57.6% in the 2nd quarter. CWM LLC now owns 186 shares of the insurance provider’s stock worth $57,000 after purchasing an additional 68 shares during the period. Finally, Farmers & Merchants Investments Inc. acquired a new position in shares of Enstar Group in the 2nd quarter valued at about $31,000. 81.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Enstar Group in a research report on Monday, September 9th. They set a “hold” rating for the company.

Enstar Group Stock Performance

Shares of ESGR stock opened at $321.30 on Tuesday. The company’s fifty day simple moving average is $324.77 and its 200-day simple moving average is $309.56. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. Enstar Group Limited has a 52 week low of $229.57 and a 52 week high of $348.48. The company has a market cap of $4.89 billion, a PE ratio of 6.24 and a beta of 0.66.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings data on Monday, July 29th. The insurance provider reported $10.78 EPS for the quarter. The company had revenue of $159.00 million for the quarter. Enstar Group had a return on equity of 18.55% and a net margin of 81.31%.

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.