Everence Capital Management Inc. Acquires 10,500 Shares of SiriusPoint Ltd. (NYSE:SPNT)

Everence Capital Management Inc. grew its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT) by 100.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,000 shares of the company’s stock after buying an additional 10,500 shares during the period. Everence Capital Management Inc.’s holdings in SiriusPoint were worth $244,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS Group AG boosted its holdings in shares of SiriusPoint by 666.0% during the 3rd quarter. UBS Group AG now owns 6,044 shares of the company’s stock worth $30,000 after buying an additional 5,255 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of SiriusPoint by 83.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,821 shares of the company’s stock worth $36,000 after buying an additional 2,200 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of SiriusPoint by 250.9% during the 1st quarter. Captrust Financial Advisors now owns 7,376 shares of the company’s stock worth $55,000 after buying an additional 5,274 shares in the last quarter. Walleye Capital LLC bought a new position in shares of SiriusPoint during the 2nd quarter worth approximately $62,000. Finally, Jane Street Group LLC bought a new position in shares of SiriusPoint during the 3rd quarter worth approximately $62,000. 52.79% of the stock is currently owned by institutional investors.

SiriusPoint Price Performance

SiriusPoint stock opened at $11.99 on Friday. SiriusPoint Ltd. has a 52-week low of $8.39 and a 52-week high of $13.03. The stock’s 50 day moving average price is $12.24 and its two-hundred day moving average price is $11.34. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 6.08 and a beta of 0.96.

SiriusPoint (NYSE:SPNT) last issued its earnings results on Tuesday, February 20th. The company reported $0.50 earnings per share (EPS) for the quarter. SiriusPoint had a return on equity of 17.48% and a net margin of 13.28%. The company had revenue of $645.80 million for the quarter.

SiriusPoint Company 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.