Enstar Group Limited (NASDAQ:ESGR) is Guardian Wealth Management Inc.’s 8th Largest Position

Guardian Wealth Management Inc. raised its position in shares of Enstar Group Limited (NASDAQ:ESGR) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,014 shares of the insurance provider’s stock after buying an additional 124 shares during the period. Enstar Group comprises about 3.5% of Guardian Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Guardian Wealth Management Inc. owned approximately 0.10% of Enstar Group worth $4,590,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in Enstar Group by 87.4% during the 1st quarter. Janus Henderson Group PLC now owns 9,834 shares of the insurance provider’s stock valued at $3,054,000 after buying an additional 4,586 shares during the period. Swiss National Bank boosted its position in Enstar Group by 8.6% during the 1st quarter. Swiss National Bank now owns 24,000 shares of the insurance provider’s stock valued at $7,458,000 after buying an additional 1,900 shares during the period. BNP Paribas Financial Markets boosted its position in Enstar Group by 48.6% during the 1st quarter. BNP Paribas Financial Markets now owns 8,294 shares of the insurance provider’s stock valued at $2,577,000 after buying an additional 2,713 shares during the period. Franklin Resources Inc. raised its holdings in Enstar Group by 46.4% in the 4th quarter. Franklin Resources Inc. now owns 8,793 shares of the insurance provider’s stock worth $2,588,000 after purchasing an additional 2,786 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Enstar Group by 759.1% in the 1st quarter. Russell Investments Group Ltd. now owns 6,383 shares of the insurance provider’s stock worth $1,984,000 after purchasing an additional 5,640 shares in the last quarter. Hedge funds and other institutional investors own 81.01% of the company’s stock.

Wall Street Analyst Weigh In

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

Enstar Group Stock Up 0.0 %

Shares of NASDAQ ESGR opened at $320.88 on Friday. 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 12 month low of $229.57 and a 12 month high of $348.48. The firm has a market capitalization of $4.89 billion, a PE ratio of 6.23 and a beta of 0.66. The firm has a fifty day simple moving average of $324.94 and a two-hundred day simple moving average of $309.30.

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 business 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.