SiriusPoint Ltd. (NYSE:SPNT) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC raised its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 708,082 shares of the company’s stock after purchasing an additional 38,267 shares during the period. Empowered Funds LLC’s holdings in SiriusPoint were worth $10,154,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Royce & Associates LP grew its stake in SiriusPoint by 65.4% during the 3rd quarter. Royce & Associates LP now owns 132,883 shares of the company’s stock worth $1,906,000 after buying an additional 52,565 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of SiriusPoint by 5.9% during the third quarter. Victory Capital Management Inc. now owns 57,420 shares of the company’s stock valued at $823,000 after acquiring an additional 3,177 shares during the period. Principal Financial Group Inc. lifted its position in SiriusPoint by 1.4% in the third quarter. Principal Financial Group Inc. now owns 516,241 shares of the company’s stock worth $7,403,000 after purchasing an additional 7,320 shares during the period. State of Alaska Department of Revenue increased its position in shares of SiriusPoint by 2.8% during the 3rd quarter. State of Alaska Department of Revenue now owns 55,588 shares of the company’s stock valued at $797,000 after purchasing an additional 1,537 shares during the period. Finally, Louisiana State Employees Retirement System lifted its holdings in shares of SiriusPoint by 1.7% in the third quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company’s stock valued at $675,000 after buying an additional 800 shares during the period. Institutional investors own 52.79% of the company’s stock.

SiriusPoint Price Performance

NYSE:SPNT opened at $14.99 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.26. The business’s 50-day moving average price is $13.90 and its 200 day moving average price is $13.50. SiriusPoint Ltd. has a 52-week low of $10.32 and a 52-week high of $15.16. The firm has a market cap of $2.43 billion, a P/E ratio of 9.43 and a beta of 0.94.

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.