SiriusPoint Ltd. (NYSE:SPNT - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $14.20, but opened at $14.59. SiriusPoint shares last traded at $15.64, with a volume of 112,906 shares trading hands.
SiriusPoint Price Performance
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 company has a 50 day moving average price of $14.64 and a 200 day moving average price of $14.05. The firm has a market cap of $2.65 billion, a PE ratio of 10.31 and a beta of 0.98.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its position in SiriusPoint by 6.6% in 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 in the last quarter. Sei Investments Co. increased its holdings in shares of SiriusPoint by 12.4% in the 2nd quarter. Sei Investments Co. now owns 22,580 shares of the company's stock valued at $275,000 after purchasing an additional 2,489 shares in the last quarter. ClearAlpha Technologies LP acquired a new stake in shares of SiriusPoint in the third quarter valued at about $298,000. Arizona State Retirement System boosted its holdings in SiriusPoint by 3.2% during the second quarter. Arizona State Retirement System now owns 28,513 shares of the company's stock worth $348,000 after buying an additional 880 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in SiriusPoint by 28.7% during the second quarter. The Manufacturers Life Insurance Company now owns 52,382 shares of the company's stock worth $639,000 after buying an additional 11,673 shares during the period. 52.79% of the stock is owned by hedge funds and other institutional investors.
SiriusPoint Company Profile
(
Get 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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