Wellington Management Group LLP decreased its position in SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 12.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,855,952 shares of the company's stock after selling 1,372,591 shares during the period. Wellington Management Group LLP owned approximately 6.09% of SiriusPoint worth $141,334,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in SPNT. CWM LLC raised its holdings 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. Summit Global Investments acquired a new stake in shares of SiriusPoint in the second quarter valued at $166,000. Natixis Advisors LLC boosted its stake in SiriusPoint by 6.6% during the second quarter. Natixis Advisors LLC now owns 17,167 shares of the company's stock valued at $209,000 after buying an additional 1,059 shares in the last quarter. Sei Investments Co. grew its holdings in 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 bought a new stake in SiriusPoint in the second quarter worth about $291,000. Institutional investors and hedge funds own 52.79% of the company's stock.
SiriusPoint Price Performance
Shares of NYSE:SPNT traded down $0.29 during trading hours on Tuesday, hitting $15.48. 513,385 shares of the company's stock traded hands, compared to its average volume of 560,118. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.56 and a current ratio of 0.56. The company's fifty day simple moving average is $14.32 and its two-hundred day simple moving average is $13.85. SiriusPoint Ltd. has a 52 week low of $10.66 and a 52 week high of $16.20. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 9.92 and a beta of 0.98.
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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