Today’s 13GD Alert: Enstar Group Ltd: Canada Pension Plan Investment Board Opened Big New Position

Today's 13GD Alert: Enstar Group Ltd: Canada Pension Plan Investment Board Opened Big New Position

The New Canada Pension Plan Investment Board Holding in Enstar Group Ltd

Canada Pension Plan Investment Board filed with the SEC SC 13D/A form for Enstar Group Ltd. The form can be accessed here: 000119312516776524. As reported in Canada Pension Plan Investment Board’s form, the filler as of late owns 9.3% or 1,501,211 shares of the Finance–company.

Enstar Group Ltd stake is a new one for the for this institutional investor and it was filed because of activity on November 23, 2016. We feel this shows Canada Pension Plan Investment Board’s positive view for the stock.

Enstar Group Ltd Institutional Sentiment

Latest Security and Exchange filings show 119 investors own Enstar Group Ltd. The institutional ownership in Q3 2015 is high, at 125.35% of the outstanding shares. This is increased by 8644967 the total institutional shares. 20269686 were the shares owned by these institutional investors. In total 8 funds opened new Enstar Group Ltd stakes, 30 increased stakes. There were 14 that closed positions and 52 reduced them.

5 managers had the stock in their top Ten. Notable investors are: Beck Mack & Oliver Llc, Corsair Capital Llc, Zebra Capital Management Llc, Van Den Berg Management I Inc, Mraz Amerine & Associates Inc., Opus Capital Group Llc, Akre Capital Management Llc..

Beck Mack & Oliver Llc is an institutional investor bullish on Enstar Group Ltd, owning 1069848 shares as of Q3 2015 for 4.86% of its portfolio. Tealwood Asset Management Inc owns 19374 shares or 1.27% of its portfolio. TN Nfc Investments Llc have 8.76% of their stock portfolio for 123595 shares. Further, Punch & Associates Investment Management Inc reported stake worth 0.68% of its US stock portfolio. The KY Barr E S & Co owns 202988 shares. Enstar Group Ltd is 3.89% of the manager’s US portfolio.

Business Profile

Enstar Group Limited (Enstar) is a holding company. The Company focuses on acquiring and managing insurance and reinsurance companies in run-off, and the acquisition and management of portfolios of insurance and reinsurance business in run-off. Enstar operates its business through four segments: Non-Life Run-Off, Atrium, StarStone, and Life and Annuities. Non-life Run-off segment comprises the operations of its subsidiaries that are running off their property and casualty and other non-life lines of business, including the run-off businesses of StarStone and Arden Reinsurance Company Ltd. (Arden). Atrium segment consists of the active underwriting operations and financial results of Northshore Holdings Limited. StarStone segment consists of the active underwriting operations and financial results of StarStone Holdings. The Life and Annuities Segment consists of the operations of the Company’s subsidiaries managing its closed-block of life and annuity business.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.84 in Q2 2016. Its down 0.24, from 1.08 in 2016Q1. The ratio dropped, as 8 funds sold all Enstar Group Ltd. shares owned while 44 reduced positions. 12 funds bought stakes while 44 increased positions. They now own 12.12 million shares or 3.21% less from 12.52 million shares in 2016Q1.

Evercore Wealth Ltd Llc holds 500 shares or 0% of its portfolio. Citadel Ltd owns 1,274 shares or 0% of their US portfolio. Oakworth accumulated 7,209 shares or 0.42% of the stock. Dimensional Fund Advsrs Lp has invested 0.03% of its portfolio in Enstar Group Ltd. (NASDAQ:ESGR). Barclays Public Ltd has 0% invested in the company for 6,102 shares. Blackrock Limited accumulated 0% or 7,637 shares. Vanguard Group has 706,484 shares for 0.01% of their US portfolio. Punch Assocs Inv Mngmt reported 35,266 shares or 0.66% of all its holdings. Finemark Bankshares & has 0% invested in the company for 55 shares. Wedge Cap Mngmt L Limited Partnership Nc last reported 0.01% of its portfolio in the stock. Moreover, Akre Cap Mngmt Ltd Liability Corporation has 4.61% invested in Enstar Group Ltd. (NASDAQ:ESGR) for 1.45 million shares. Proshare Advisors Ltd Liability accumulated 0% or 1,392 shares. Blackrock Management Limited Liability has 47,187 shares for 0.01% of their US portfolio. Wells Fargo And Mn has 0% invested in the company for 27,100 shares. Fmr Ltd Co has 161,391 shares for 0% of their US portfolio.

Analysts await Enstar Group Ltd. (NASDAQ:ESGR) to report earnings on March, 6.

The stock decreased 0.02% or $0.05 on November 23, hitting $200.05. About 31,009 shares traded hands or 10.07% up from the average. Enstar Group Ltd. (NASDAQ:ESGR) has risen 25.56% since April 21, 2016 and is uptrending. It has outperformed by 20.24% the S&P500.

Enstar Group Limited is a holding company. The company has a market cap of $3.93 billion. The Firm focuses on acquiring and managing insurance and reinsurance companies in run-off, and the acquisition and management of portfolios of insurance and reinsurance business in run-off. It has a 10.99 P/E ratio. Enstar operates its business through four divisions: Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

More important recent Enstar Group Ltd. (NASDAQ:ESGR) news were published by: Globenewswire.com which released: “Enstar Group Limited Reports Third Quarter Results” on November 08, 2016, also Fool.com published article titled: “Why Enstar Group Ltd. Is a Buy Today”, Seekingalpha.com published: “Enstar Group Limited: Diversifying Runoff (Re)Insurance Group” on January 06, 2016. More interesting news about Enstar Group Ltd. (NASDAQ:ESGR) was released by: Globenewswire.com and their article: “Enstar Group Limited Announces Reinsurance of $1.1 Billion of Allianz’s Legacy …” with publication date: February 17, 2016.

According to Zacks Investment Research, “Enstar Group Inc is engaged in the active search for and acquisition of one or more additional operating businesses. This search represents their primary focus. They investigate acquisition opportunities worldwide.”

ESGR Company Profile

Enstar Group Limited (Enstar), incorporated on August 16, 2001, is a holding company. The Firm focuses on acquiring and managing insurance and reinsurance companies in run-off, and the acquisition and management of portfolios of insurance and reinsurance business in run-off. The Firm 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. Enstar operates its business through four divisions: Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

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