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

Empowered Funds LLC lifted its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 718,840 shares of the company’s stock after buying an additional 10,758 shares during the period. Empowered Funds LLC’s holdings in SiriusPoint were worth $11,782,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC lifted its holdings in SiriusPoint by 172.7% in the 3rd quarter. Barclays PLC now owns 210,545 shares of the company’s stock worth $3,018,000 after buying an additional 133,331 shares in the last quarter. Geode Capital Management LLC lifted its holdings in SiriusPoint by 5.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,284,726 shares of the company’s stock worth $32,769,000 after buying an additional 115,868 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in SiriusPoint by 1.4% in the 3rd quarter. Principal Financial Group Inc. now owns 516,241 shares of the company’s stock worth $7,403,000 after buying an additional 7,320 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in SiriusPoint by 5.9% in the 3rd quarter. Victory Capital Management Inc. now owns 57,420 shares of the company’s stock worth $823,000 after buying an additional 3,177 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its holdings in SiriusPoint by 1.7% in the 3rd quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company’s stock worth $675,000 after buying an additional 800 shares in the last quarter. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Stock Performance

Shares of SiriusPoint stock opened at $14.24 on Friday. The firm has a market cap of $2.31 billion, a PE ratio of 8.96 and a beta of 0.94. The firm’s 50-day simple moving average is $14.93 and its 200-day simple moving average is $14.51. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.56 and a current ratio of 0.56. 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.