Longfellow Investment Management Co. LLC Takes $50,000 Position in Enstar Group Limited (NASDAQ:ESGR)

Longfellow Investment Management Co. LLC purchased a new position in Enstar Group Limited (NASDAQ:ESGR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 157 shares of the insurance provider’s stock, valued at approximately $50,000.

A number of other institutional investors also recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. purchased a new position in shares of Enstar Group during the second quarter valued at approximately $31,000. GAMMA Investing LLC boosted its holdings in Enstar Group by 248.5% during the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 82 shares during the period. Blue Trust Inc. grew its position in 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Enstar Group in the third quarter worth $48,000. Finally, CWM LLC increased its stake in Enstar Group by 57.6% in the second 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. 81.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Enstar Group in a report on Wednesday, November 20th. They issued a “hold” rating on the stock.

Enstar Group Stock Performance

Shares of NASDAQ:ESGR opened at $324.71 on Monday. The firm’s 50 day simple moving average is $322.69 and its 200-day simple moving average is $319.37. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.33 and a current ratio of 0.33. Enstar Group Limited has a one year low of $262.54 and a one year high of $348.48. The firm has a market cap of $4.95 billion, a PE ratio of 4.92 and a beta of 0.65.

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

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.