Wolverine Asset Management LLC Acquires 2,709 Shares of Enstar Group Limited (NASDAQ:ESGR)

Wolverine Asset Management LLC lifted its holdings in shares of Enstar Group Limited (NASDAQ:ESGR) by 175.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,254 shares of the insurance provider’s stock after buying an additional 2,709 shares during the period. Wolverine Asset Management LLC’s holdings in Enstar Group were worth $1,370,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC increased its position in Enstar Group by 19.9% during the third quarter. SG Americas Securities LLC now owns 488 shares of the insurance provider’s stock worth $157,000 after buying an additional 81 shares during the last quarter. CWM LLC boosted its stake in shares of Enstar Group by 22.0% during the 3rd quarter. CWM LLC now owns 227 shares of the insurance provider’s stock worth $73,000 after acquiring an additional 41 shares in the last quarter. Creative Planning increased its holdings in shares of Enstar Group by 26.6% during the 3rd quarter. Creative Planning now owns 2,785 shares of the insurance provider’s stock valued at $896,000 after acquiring an additional 585 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Enstar Group by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 65 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Enstar Group in the 3rd quarter worth approximately $48,000. Institutional investors own 81.01% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Enstar Group in a report on Sunday, February 16th. They set a “hold” rating on the stock.

Enstar Group Stock Performance

NASDAQ:ESGR opened at $332.53 on Friday. The firm has a market capitalization of $5.06 billion, a PE ratio of 5.03 and a beta of 0.64. Enstar Group Limited has a 1 year low of $275.02 and a 1 year high of $348.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The firm’s fifty day simple moving average is $326.46 and its 200 day simple moving average is $324.16.

Insider Buying and Selling at Enstar Group

In other Enstar Group news, Director Bernard F. Becker sold 100 shares of Enstar Group stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $323.44, for a total value of $32,344.00. Following the transaction, the director now directly owns 2,179 shares of the company’s stock, valued at $704,775.76. The trade was a 4.39 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 8.00% of the company’s stock.

Enstar Group 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.