State Street Corp raised its position in shares of SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,578,129 shares of the company's stock after purchasing an additional 162,959 shares during the period. State Street Corp owned approximately 2.21% of SiriusPoint worth $51,310,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of SPNT. American Century Companies Inc. grew its holdings in shares of SiriusPoint by 18.5% during the 2nd quarter. American Century Companies Inc. now owns 2,093,696 shares of the company's stock valued at $25,543,000 after purchasing an additional 327,275 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of SiriusPoint by 1,359.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 66,916 shares of the company's stock worth $816,000 after buying an additional 62,331 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of SiriusPoint by 5.9% during the third quarter. Victory Capital Management Inc. now owns 57,420 shares of the company's stock worth $823,000 after buying an additional 3,177 shares in the last quarter. Louisiana State Employees Retirement System lifted its stake in shares of SiriusPoint by 1.7% in the 3rd quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company's stock valued at $675,000 after acquiring an additional 800 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of SiriusPoint by 7.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 883,749 shares of the company's stock valued at $12,673,000 after acquiring an additional 63,186 shares in the last quarter. Institutional investors and hedge funds own 52.79% of the company's stock.
SiriusPoint Price Performance
SPNT stock traded up $0.02 during midday trading on Friday, reaching $14.41. 5,528,438 shares of the stock were exchanged, compared to its average volume of 582,368. 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 stock has a market capitalization of $2.33 billion, a PE ratio of 9.06 and a beta of 0.98. SiriusPoint Ltd. has a 52 week low of $10.84 and a 52 week high of $16.20. The company has a fifty day moving average price of $14.58 and a 200 day moving average price of $13.96.
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.
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