SiriusPoint Ltd. (NYSE:SPNT - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $13.03 and last traded at $13.00, with a volume of 176496 shares. The stock had previously closed at $12.75.
SiriusPoint Trading Up 2.4 %
The business's fifty day moving average is $12.34 and its 200-day moving average is $11.70. The stock has a market capitalization of $2.23 billion, a PE ratio of 7.59 and a beta of 0.95. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.32.
SiriusPoint (NYSE:SPNT - Get Free Report) last released its earnings results on Tuesday, April 30th. The company reported $0.49 earnings per share (EPS) for the quarter. SiriusPoint had a net margin of 11.57% and a return on equity of 14.59%. The firm had revenue of $685.50 million during the quarter.
Institutional Investors Weigh In On SiriusPoint
Several institutional investors have recently bought and sold shares of SPNT. Bayesian Capital Management LP acquired a new position in shares of SiriusPoint during the first quarter worth $127,000. Jackson Hole Capital Partners LLC acquired a new position in shares of SiriusPoint during the fourth quarter worth $128,000. Allspring Global Investments Holdings LLC lifted its position in shares of SiriusPoint by 31.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 13,951 shares of the company's stock worth $142,000 after purchasing an additional 3,339 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of SiriusPoint during the first quarter worth $142,000. Finally, Victory Capital Management Inc. acquired a new stake in SiriusPoint in the third quarter valued at $155,000. 52.79% of the stock is currently owned by hedge funds and other institutional investors.
About SiriusPoint
(
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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