Geode Capital Management LLC increased its holdings in SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 5.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,284,726 shares of the company's stock after purchasing an additional 115,868 shares during the quarter. Geode Capital Management LLC owned 1.41% of SiriusPoint worth $32,769,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of SPNT. American Century Companies Inc. raised its position in shares of SiriusPoint by 18.5% in the second quarter. American Century Companies Inc. now owns 2,093,696 shares of the company's stock valued at $25,543,000 after buying an additional 327,275 shares during the last quarter. Barclays PLC raised its holdings in SiriusPoint by 172.7% in the 3rd quarter. Barclays PLC now owns 210,545 shares of the company's stock valued at $3,018,000 after acquiring an additional 133,331 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in SiriusPoint by 1,359.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 66,916 shares of the company's stock worth $816,000 after purchasing an additional 62,331 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of SiriusPoint by 5.9% during the 3rd quarter. Victory Capital Management Inc. now owns 57,420 shares of the company's stock worth $823,000 after purchasing an additional 3,177 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its holdings in shares of SiriusPoint by 1.7% during the 3rd quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company's stock worth $675,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 52.79% of the company's stock.
SiriusPoint Price Performance
Shares of NYSE:SPNT traded up $0.12 during midday trading on Thursday, hitting $14.10. The company had a trading volume of 384,516 shares, compared to its average volume of 579,345. SiriusPoint Ltd. has a twelve month low of $10.84 and a twelve month high of $16.20. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 8.87 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56. The business's 50-day simple moving average is $14.62 and its 200-day simple moving average is $14.00.
About SiriusPoint
(
Free Report)
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles.
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