Loomis Sayles & Co. L P Has $7.08 Million Stock Position in Enstar Group Limited (NASDAQ:ESGR)

Loomis Sayles & Co. L P reduced its position in Enstar Group Limited (NASDAQ:ESGR) by 34.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 22,010 shares of the insurance provider’s stock after selling 11,516 shares during the period. Loomis Sayles & Co. L P owned about 0.14% of Enstar Group worth $7,078,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Lazard Asset Management LLC raised its holdings in Enstar Group by 194.6% in the 1st quarter. Lazard Asset Management LLC now owns 1,373 shares of the insurance provider’s stock valued at $426,000 after acquiring an additional 907 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Enstar Group by 1.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,008 shares of the insurance provider’s stock valued at $2,489,000 after acquiring an additional 139 shares during the period. Janus Henderson Group PLC raised its holdings in Enstar Group by 87.4% in the 1st quarter. Janus Henderson Group PLC now owns 9,834 shares of the insurance provider’s stock valued at $3,054,000 after acquiring an additional 4,586 shares during the period. California State Teachers Retirement System raised its holdings in Enstar Group by 1.4% in the 1st quarter. California State Teachers Retirement System now owns 12,134 shares of the insurance provider’s stock valued at $3,771,000 after acquiring an additional 171 shares during the period. Finally, Tidal Investments LLC raised its holdings in Enstar Group by 55.0% in the 1st quarter. Tidal Investments LLC now owns 2,241 shares of the insurance provider’s stock valued at $696,000 after acquiring an additional 795 shares during the period. 81.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Enstar Group in a report on Thursday. They issued a “hold” rating on the stock.

Enstar Group Stock Down 0.1 %

Shares of ESGR opened at $325.35 on Thursday. Enstar Group Limited has a 12 month low of $262.54 and a 12 month high of $348.48. The firm’s 50 day moving average is $322.85 and its 200-day moving average is $319.62. The stock has a market capitalization of $4.96 billion, a PE ratio of 4.93 and a beta of 0.65. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33.

Enstar Group (NASDAQ:ESGR) last announced its earnings results on Tuesday, November 12th. The insurance provider reported $8.51 EPS for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%. The company had revenue of $177.00 million for the quarter.

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.