SiriusPoint Ltd. (NYSE:SPNT - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $18.74 and last traded at $18.74, with a volume of 656 shares traded. The stock had previously closed at $15.76.
SiriusPoint Stock Down 1.8 %
The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 9.97 and a beta of 0.98. The firm's 50 day moving average price is $14.39 and its two-hundred day moving average price is $13.88. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.26.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in 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 during the period. Summit Global Investments bought a new position in SiriusPoint in the 2nd quarter valued at about $166,000. Natixis Advisors LLC lifted 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 acquiring an additional 1,059 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of SiriusPoint by 12.4% during the second quarter. Sei Investments Co. now owns 22,580 shares of the company's stock worth $275,000 after acquiring an additional 2,489 shares during the period. Finally, Summit Securities Group LLC acquired a new position in shares of SiriusPoint in the second quarter valued at approximately $291,000. 52.79% of the stock is owned by institutional investors and hedge funds.
About SiriusPoint
(
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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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