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Jane Street Group LLC Lowers Stock Holdings in SiriusPoint Ltd. (NYSE:SPNT)

SiriusPoint logo with Finance background

Jane Street Group LLC lowered its stake in SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 59.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,445 shares of the company's stock after selling 62,465 shares during the period. Jane Street Group LLC's holdings in SiriusPoint were worth $623,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp raised its holdings in SiriusPoint by 4.8% during the 3rd quarter. State Street Corp now owns 3,578,129 shares of the company's stock valued at $51,310,000 after buying an additional 162,959 shares during the last quarter. Readystate Asset Management LP purchased a new position in SiriusPoint during the 3rd quarter valued at about $827,000. Janus Henderson Group PLC raised its position in SiriusPoint by 49.8% during the 3rd quarter. Janus Henderson Group PLC now owns 57,322 shares of the company's stock valued at $822,000 after purchasing an additional 19,065 shares during the last quarter. ClearAlpha Technologies LP bought a new stake in shares of SiriusPoint in the 3rd quarter worth approximately $298,000. Finally, Edgestream Partners L.P. increased its stake in shares of SiriusPoint by 300.9% during the third quarter. Edgestream Partners L.P. now owns 252,699 shares of the company's stock valued at $3,624,000 after buying an additional 189,660 shares during the period. Institutional investors own 52.79% of the company's stock.

SiriusPoint Trading Down 0.3 %

SPNT stock traded down $0.04 on Friday, reaching $15.70. The company's stock had a trading volume of 832,407 shares, compared to its average volume of 968,553. The firm has a market cap of $2.54 billion, a PE ratio of 9.87 and a beta of 0.98. The business has a fifty day simple moving average of $14.83 and a two-hundred day simple moving average of $14.15. SiriusPoint Ltd. has a 12-month low of $10.84 and a 12-month high of $16.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.56 and a current ratio of 0.56.

SiriusPoint Company 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.

Further Reading

Institutional Ownership by Quarter for SiriusPoint (NYSE:SPNT)

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