Virginia Retirement Systems ET AL Purchases 3,900 Shares of Enstar Group Ltd. (ESGR)

Virginia Retirement Systems ET AL lifted its position in shares of Enstar Group Ltd. (NASDAQ:ESGR) by 260.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,400 shares of the insurance provider’s stock after buying an additional 3,900 shares during the period. Virginia Retirement Systems ET AL’s holdings in Enstar Group were worth $940,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its position in shares of Enstar Group by 4.9% in the third quarter. Bank of New York Mellon Corp now owns 53,721 shares of the insurance provider’s stock valued at $11,201,000 after buying an additional 2,495 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Enstar Group by 61.0% in the third quarter. JPMorgan Chase & Co. now owns 5,470 shares of the insurance provider’s stock valued at $1,141,000 after buying an additional 2,072 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Enstar Group in the third quarter valued at about $420,000. AQR Capital Management LLC raised its position in shares of Enstar Group by 8.2% in the third quarter. AQR Capital Management LLC now owns 18,170 shares of the insurance provider’s stock valued at $3,788,000 after buying an additional 1,373 shares during the last quarter. Finally, Teachers Advisors LLC increased its position in Enstar Group by 2.4% during the third quarter. Teachers Advisors LLC now owns 23,965 shares of the insurance provider’s stock worth $4,997,000 after purchasing an additional 567 shares during the last quarter. 71.43% of the stock is owned by institutional investors.

Enstar Group stock opened at $178.87 on Friday. Enstar Group Ltd. has a 12-month low of $150.32 and a 12-month high of $223.45. The stock has a market cap of $3.84 billion, a P/E ratio of 23.32 and a beta of 0.73. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.25.

ESGR has been the subject of several recent analyst reports. BidaskClub cut shares of Enstar Group from a “hold” rating to a “sell” rating in a research report on Saturday, January 12th. ValuEngine cut shares of Enstar Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th.

In other news, CEO Dominic Francis Mich Silvester acquired 27,775 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was purchased at an average cost of $169.88 per share, for a total transaction of $4,718,417.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Paul James O’shea acquired 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were purchased at an average price of $167.41 per share, with a total value of $1,004,460.00. Following the completion of the transaction, the president now owns 41,004 shares of the company’s stock, valued at approximately $6,864,479.64. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 41,095 shares of company stock valued at $6,960,332. 10.00% of the stock is owned by company insiders.

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About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It operates in three segments: Non-Life Run-Off, Atrium, and StarStone. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.

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Institutional Ownership by Quarter for Enstar Group (NASDAQ:ESGR)

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