Dean Capital Management Grows Position in Enstar Group Limited (ESGR)

Dean Capital Management increased its stake in shares of Enstar Group Limited (NASDAQ:ESGR) by 40.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,642 shares of the insurance provider’s stock after buying an additional 3,620 shares during the quarter. Dean Capital Management owned about 0.07% of Enstar Group Limited worth $2,511,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ESGR. Susquehanna International Group LLP acquired a new stake in Enstar Group Limited in the second quarter valued at about $888,000. NFC Investments LLC lifted its position in Enstar Group Limited by 0.7% in the second quarter. NFC Investments LLC now owns 130,293 shares of the insurance provider’s stock valued at $25,883,000 after purchasing an additional 859 shares during the period. State Street Corp lifted its position in Enstar Group Limited by 3.9% in the second quarter. State Street Corp now owns 297,239 shares of the insurance provider’s stock valued at $59,052,000 after purchasing an additional 11,195 shares during the period. Lagoda Investment Management L.P. lifted its position in Enstar Group Limited by 22.8% in the second quarter. Lagoda Investment Management L.P. now owns 23,116 shares of the insurance provider’s stock valued at $4,592,000 after purchasing an additional 4,296 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Enstar Group Limited by 1.3% in the second quarter. Goldman Sachs Group Inc. now owns 129,328 shares of the insurance provider’s stock valued at $25,691,000 after purchasing an additional 1,624 shares during the period.

Separately, BidaskClub upgraded shares of Enstar Group Limited from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th.

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Shares of Enstar Group Limited (NASDAQ:ESGR) traded up 1.01% during midday trading on Friday, reaching $230.70. 6,406 shares of the company were exchanged. Enstar Group Limited has a 52-week low of $163.00 and a 52-week high of $231.80. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 13.90 and a beta of 0.83. The company’s 50-day moving average price is $212.95 and its 200 day moving average price is $199.34.

Enstar Group Limited Company Profile

Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other international locations. The Company’s segments include Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

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

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