Longboard Asset Management LP Acquires Shares of 12,931 SiriusPoint Ltd. (NYSE:SPNT)

Longboard Asset Management LP acquired a new stake in SiriusPoint Ltd. (NYSE:SPNT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,931 shares of the company’s stock, valued at approximately $212,000.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC boosted its stake in shares of SiriusPoint by 172.7% in the third quarter. Barclays PLC now owns 210,545 shares of the company’s stock worth $3,018,000 after acquiring an additional 133,331 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of SiriusPoint by 5.3% in the third quarter. Geode Capital Management LLC now owns 2,284,726 shares of the company’s stock worth $32,769,000 after acquiring an additional 115,868 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of 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 acquiring an additional 7,320 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of SiriusPoint by 5.9% in the third quarter. Victory Capital Management Inc. now owns 57,420 shares of the company’s stock worth $823,000 after acquiring an additional 3,177 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake 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 worth $675,000 after acquiring an additional 800 shares during the last quarter. 52.79% of the stock is owned by institutional investors and hedge funds.

SiriusPoint Stock Performance

Shares of NYSE:SPNT opened at $14.14 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56. The business’s 50 day moving average price is $14.99 and its 200-day moving average price is $14.50. The firm has a market capitalization of $2.29 billion, a PE ratio of 8.89 and a beta of 0.95. SiriusPoint Ltd. has a 1 year low of $11.27 and a 1 year high of $16.50.

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.