Vanguard Group Inc. grew its position in shares of SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 9.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,595,004 shares of the company's stock after buying an additional 897,341 shares during the quarter. Vanguard Group Inc. owned approximately 6.32% of SiriusPoint worth $107,751,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wellington Management Group LLP increased its position in SiriusPoint by 14.4% in the third quarter. Wellington Management Group LLP now owns 8,770,542 shares of the company's stock worth $89,196,000 after purchasing an additional 1,102,466 shares during the period. American Century Companies Inc. raised its stake in shares of SiriusPoint by 30.3% during the third quarter. American Century Companies Inc. now owns 1,037,426 shares of the company's stock worth $10,551,000 after buying an additional 241,339 shares during the last quarter. Deutsche Bank AG lifted its holdings in SiriusPoint by 15.9% in the third quarter. Deutsche Bank AG now owns 43,057 shares of the company's stock valued at $438,000 after buying an additional 5,922 shares during the period. Graham Capital Management L.P. bought a new position in SiriusPoint in the third quarter valued at approximately $215,000. Finally, Tudor Investment Corp Et Al bought a new position in SiriusPoint in the third quarter valued at approximately $264,000. Institutional investors and hedge funds own 52.79% of the company's stock.
SiriusPoint Trading Up 1.4 %
Shares of SiriusPoint stock traded up $0.17 on Friday, hitting $12.75. 454,725 shares of the company's stock traded hands, compared to its average volume of 618,809. SiriusPoint Ltd. has a one year low of $8.16 and a one year high of $13.03. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a market capitalization of $2.16 billion, a PE ratio of 6.45 and a beta of 0.96. The firm's 50-day moving average price is $12.16 and its two-hundred day moving average price is $11.21.
SiriusPoint (NYSE:SPNT - Get Free Report) last released its quarterly earnings data on Tuesday, February 20th. The company reported $0.50 EPS for the quarter. The business had revenue of $645.80 million during the quarter. SiriusPoint had a return on equity of 17.48% and a net margin of 13.28%.
About SiriusPoint
(
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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