Bfsg LLC Sells 1,800 Shares of SiriusPoint Ltd. (NYSE:SPNT)

Bfsg LLC lessened its stake in shares of SiriusPoint Ltd. (NYSE:SPNT) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,859 shares of the company’s stock after selling 1,800 shares during the period. Bfsg LLC’s holdings in SiriusPoint were worth $511,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in SPNT. Weiss Asset Management LP bought a new stake in shares of SiriusPoint in the 4th quarter valued at approximately $15,083,000. Campbell & CO Investment Adviser LLC increased its position in SiriusPoint by 217.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 104,133 shares of the company’s stock valued at $1,208,000 after acquiring an additional 71,288 shares during the last quarter. Empowered Funds LLC raised its stake in shares of SiriusPoint by 13.8% in the first quarter. Empowered Funds LLC now owns 621,575 shares of the company’s stock valued at $7,900,000 after acquiring an additional 75,196 shares during the period. Bridgeway Capital Management LLC lifted its holdings in shares of SiriusPoint by 11.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 1,193,479 shares of the company’s stock worth $13,844,000 after acquiring an additional 120,065 shares during the last quarter. Finally, Edgestream Partners L.P. boosted its stake in shares of SiriusPoint by 68.2% during the 1st quarter. Edgestream Partners L.P. now owns 160,814 shares of the company’s stock worth $2,044,000 after purchasing an additional 65,230 shares during the period. Hedge funds and other institutional investors own 52.79% of the company’s stock.

SiriusPoint Trading Up 0.8 %

NYSE:SPNT traded up $0.12 during mid-day trading on Thursday, hitting $15.01. 387,035 shares of the stock traded hands, compared to its average volume of 596,152. SiriusPoint Ltd. has a 52 week low of $9.43 and a 52 week high of $15.16. The firm’s 50 day moving average is $13.57 and its two-hundred day moving average is $12.80. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 8.93 and a beta of 0.94. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.26.

SiriusPoint (NYSE:SPNT) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.57 EPS for the quarter. The company had revenue of $743.30 million for the quarter. SiriusPoint had a return on equity of 15.78% and a net margin of 13.24%.

SiriusPoint Profile

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.