Enstar Group LTD 2019 Q1 Institutional Investor Sentiment Better Than Expected

Enstar Group Limited (NASDAQ:ESGR) Logo

Sentiment for Enstar Group LTD (NASDAQ:ESGR)

Enstar Group LTD (NASDAQ:ESGR) institutional sentiment increased to 1.43 in 2019 Q1. Its up 0.02, from 1.41 in 2018Q4. The ratio improved, as 66 hedge funds opened new and increased positions, while 46 reduced and sold their stakes in Enstar Group LTD. The hedge funds in our partner’s database reported: 12.76 million shares, down from 13.26 million shares in 2018Q4. Also, the number of hedge funds holding Enstar Group LTD in their top 10 positions was flat from 4 to 4 for the same number . Sold All: 11 Reduced: 35 Increased: 52 New Position: 14.

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios of insurance and reinsurance business in run-off. The company has market cap of $3.75 billion. It operates in four divisions: Non-Life Run-Off, Atrium, StarStone, and Life and Annuities. It has a 8.15 P/E ratio. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses.

The stock decreased 0.58% or $1.01 during the last trading session, reaching $174.38. About 59,727 shares traded. Enstar Group Limited (NASDAQ:ESGR) has declined 15.70% since August 15, 2018 and is downtrending. It has underperformed by 15.70% the S&P500.

Hillhouse Capital Management Ltd. holds 8.74% of its portfolio in Enstar Group Limited for 1.20 million shares. Lagoda Investment Management L.P. owns 36,931 shares or 8.17% of their US portfolio. Moreover, Nfc Investments Llc has 5.41% invested in the company for 105,399 shares. The New York-based Beck Mack & Oliver Llc has invested 4.49% in the stock. Mraz Amerine & Associates Inc., a California-based fund reported 75,231 shares.

More notable recent Enstar Group Limited (NASDAQ:ESGR) news were published by: Globenewswire.com which released: “Enstar Announces Joint Venture With Allianz and Hillhouse – GlobeNewswire” on December 11, 2018, also Globenewswire.com with their article: “Enstar Group Limited Announces Pricing of Preference Shares – GlobeNewswire” published on November 14, 2018, Nasdaq.com published: “Oversold Conditions For Enstar Group (ESGR) – Nasdaq” on May 23, 2019. More interesting news about Enstar Group Limited (NASDAQ:ESGR) were released by: Globenewswire.com and their article: “Enstar Group Limited Reports First Quarter Results – GlobeNewswire” published on May 08, 2019 as well as Globenewswire.com‘s news article titled: “Enstar and Maiden Agree to Loss Portfolio Transfer of Maiden Re’s AmTrust Quota Share – GlobeNewswire” with publication date: November 09, 2018.

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