1 week Ago By ABMN Staff
SiriusPoint Ltd. ( NYSE:SPNT – Get Free Report )’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $14.
20, but opened at $14.59. SiriusPoint shares last traded at $15.
64, with a volume of 112,906 shares changing hands. SiriusPoint Stock Up 15.4 % The firm has a market cap of $2.
65 billion, a P/E ratio of 10.31 and a beta of 0.98.
The firm’s 50-day moving average price is $14.75 and its 200 day moving average price is $14.10.
The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.
56. Hedge Funds Weigh In On SiriusPoint Several large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in shares of SiriusPoint by 15.
4% during the second quarter. Bank of New York Mellon Corp now owns 698,654 shares of the company’s stock worth $8,524,000 after purchasing an additional 93,246 shares during the period. Allspring Global Investments Holdings LLC raised its stake in 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 acquiring an additional 62,331 shares during the period. Natixis Advisors LLC lifted its holdings in SiriusPoint by 6.
6% in the second quarter. Natixis Advisors LLC now owns 17,167 shares of the company’s stock worth $209,000 after acquiring an additional 1,059 shares during the last quarter. Rhumbline Advisers boosted its stake in SiriusPoint by 12.
4% in the second quarter. Rhumbline Advisers now owns 267,497 shares of the company’s stock valued at $3,263,000 after acquiring an additional 29,499 shares during the period. Finally, Victory Capital Management Inc.
grew its stake in SiriusPoint by 73.8% during the 2nd quarter. Victory Capital Management Inc.
now owns 54,243 shares of the company’s stock worth $662,000 after buying an additional 23,027 shares during the last quarter. 52.79% of the stock is currently owned by institutional investors.
About SiriusPoint 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. Recommended Stories Receive News & Ratings for SiriusPoint Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SiriusPoint and related companies with MarketBeat.com's FREE daily email newsletter .
.
