Teacher Retirement System of Texas Has $497,000 Holdings in Enstar Group Ltd. (ESGR)

Teacher Retirement System of Texas decreased its holdings in shares of Enstar Group Ltd. (NASDAQ:ESGR) by 35.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,363 shares of the insurance provider’s stock after selling 1,322 shares during the quarter. Teacher Retirement System of Texas’ holdings in Enstar Group were worth $497,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Neuberger Berman Group LLC boosted its holdings in shares of Enstar Group by 22.8% during the first quarter. Neuberger Berman Group LLC now owns 24,940 shares of the insurance provider’s stock worth $5,244,000 after purchasing an additional 4,625 shares during the last quarter. Aperio Group LLC boosted its holdings in Enstar Group by 9.1% in the first quarter. Aperio Group LLC now owns 3,338 shares of the insurance provider’s stock valued at $702,000 after acquiring an additional 279 shares during the last quarter. Synovus Financial Corp boosted its holdings in Enstar Group by 16.3% in the first quarter. Synovus Financial Corp now owns 3,761 shares of the insurance provider’s stock valued at $786,000 after acquiring an additional 526 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Enstar Group by 1.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 54,758 shares of the insurance provider’s stock valued at $11,513,000 after acquiring an additional 604 shares during the last quarter. Finally, Bailard Inc. acquired a new position in Enstar Group in the first quarter valued at $421,000. Institutional investors and hedge funds own 76.61% of the company’s stock.

Shares of Enstar Group stock opened at $213.60 on Wednesday. Enstar Group Ltd. has a twelve month low of $183.85 and a twelve month high of $237.30. The firm has a market capitalization of $4.17 billion, a P/E ratio of 20.49 and a beta of 0.73. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.07 and a current ratio of 1.07.



Enstar Group (NASDAQ:ESGR) last issued its earnings results on Tuesday, May 8th. The insurance provider reported ($2.12) earnings per share for the quarter. Enstar Group had a net margin of 22.81% and a return on equity of 6.69%. The firm had revenue of $261.51 million during the quarter.

A number of brokerages recently weighed in on ESGR. BidaskClub cut Enstar Group from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. TheStreet cut Enstar Group from a “b-” rating to a “c+” rating in a report on Tuesday, May 29th. Finally, ValuEngine cut Enstar Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd.

Enstar Group Company Profile

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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