Intech Investment Management LLC purchased a new stake in SiriusPoint Ltd. (NYSE:SPNT - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 118,875 shares of the company's stock, valued at approximately $1,705,000. Intech Investment Management LLC owned approximately 0.07% of SiriusPoint at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the business. CWM LLC boosted its position in SiriusPoint by 84.7% during the second quarter. CWM LLC now owns 2,289 shares of the company's stock worth $28,000 after purchasing an additional 1,050 shares in the last quarter. Bayesian Capital Management LP purchased a new stake in SiriusPoint during the first quarter worth $127,000. Summit Global Investments purchased a new stake in SiriusPoint during the second quarter worth $166,000. ProShare Advisors LLC boosted its position in SiriusPoint by 8.8% during the first quarter. ProShare Advisors LLC now owns 14,775 shares of the company's stock worth $188,000 after purchasing an additional 1,199 shares in the last quarter. Finally, Natixis Advisors LLC boosted its position in SiriusPoint by 6.6% during the second quarter. Natixis Advisors LLC now owns 17,167 shares of the company's stock worth $209,000 after purchasing an additional 1,059 shares in the last quarter. 52.79% of the stock is currently owned by hedge funds and other institutional investors.
SiriusPoint Price Performance
Shares of NYSE:SPNT traded down $0.01 on Tuesday, hitting $15.59. The company had a trading volume of 625,045 shares, compared to its average volume of 560,963. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.26. SiriusPoint Ltd. has a 52-week low of $10.35 and a 52-week high of $15.88. The business has a 50 day moving average of $14.05 and a 200 day moving average of $13.65. The company has a market cap of $2.52 billion, a PE ratio of 9.81 and a beta of 0.94.
SiriusPoint Profile
(
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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