Donald Smith & CO. Inc. boosted its position in SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 34.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,734,385 shares of the company's stock after buying an additional 1,453,489 shares during the quarter. SiriusPoint makes up about 1.7% of Donald Smith & CO. Inc.'s portfolio, making the stock its 25th biggest position. Donald Smith & CO. Inc. owned about 3.42% of SiriusPoint worth $66,519,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the company. Jackson Hole Capital Partners LLC acquired a new position in shares of SiriusPoint during the 4th quarter worth about $128,000. Allspring Global Investments Holdings LLC raised its holdings in 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 acquiring an additional 3,339 shares in the last quarter. Victory Capital Management Inc. acquired a new position in SiriusPoint during the third quarter valued at approximately $155,000. Precision Wealth Strategies LLC bought a new position in SiriusPoint in the fourth quarter valued at approximately $208,000. Finally, Everence Capital Management Inc. increased its position in shares of SiriusPoint by 100.0% during the 4th quarter. Everence Capital Management Inc. now owns 21,000 shares of the company's stock worth $244,000 after purchasing an additional 10,500 shares during the last quarter. Institutional investors own 52.79% of the company's stock.
SiriusPoint Stock Down 0.6 %
Shares of SiriusPoint stock traded down $0.07 on Monday, reaching $12.01. 477,855 shares of the company were exchanged, compared to its average volume of 637,057. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average of $12.24 and a 200 day moving average of $11.45. SiriusPoint Ltd. has a one year low of $8.39 and a one year high of $13.03. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 6.10 and a beta of 0.96.
SiriusPoint (NYSE:SPNT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $0.50 EPS for the quarter. The company had revenue of $645.80 million during the quarter. SiriusPoint had a net margin of 13.28% and a return on equity of 17.48%.
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.
Further Reading
Before you consider SiriusPoint, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SiriusPoint wasn't on the list.
While SiriusPoint currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.
Get This Free Report
