Longboard Asset Management LP acquired a new position in SiriusPoint Ltd. (NYSE:SPNT – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,931 shares of the company’s stock, valued at approximately $212,000.
Other institutional investors have also recently modified their holdings of the company. R Squared Ltd acquired a new stake in SiriusPoint during the fourth quarter worth about $35,000. KBC Group NV grew its holdings in SiriusPoint by 80.1% during the fourth quarter. KBC Group NV now owns 5,935 shares of the company’s stock worth $97,000 after acquiring an additional 2,640 shares during the period. SG Americas Securities LLC acquired a new stake in SiriusPoint during the fourth quarter worth about $185,000. Sei Investments Co. grew its holdings in SiriusPoint by 12.4% during the second quarter. Sei Investments Co. now owns 22,580 shares of the company’s stock worth $275,000 after acquiring an additional 2,489 shares during the period. Finally, ClearAlpha Technologies LP acquired a new stake in SiriusPoint during the third quarter worth about $298,000. 52.79% of the stock is currently owned by hedge funds and other institutional investors.
SiriusPoint Stock Up 0.2 %
SiriusPoint stock opened at $14.14 on Wednesday. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 8.89 and a beta of 0.95. SiriusPoint Ltd. has a 52 week low of $11.27 and a 52 week high of $16.50. The business’s 50-day moving average price is $14.99 and its 200 day moving average price is $14.50. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.26.
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.
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