Martingale Asset Management L P Has $2.46 Million Position in SiriusPoint Ltd. (NYSE:SPNT)

Martingale Asset Management L P trimmed its position in SiriusPoint Ltd. (NYSE:SPNT) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,588 shares of the company’s stock after selling 4,134 shares during the period. Martingale Asset Management L P’s holdings in SiriusPoint were worth $2,461,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Donald Smith & CO. Inc. increased its stake in SiriusPoint by 6.6% in the second quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock valued at $86,280,000 after purchasing an additional 438,084 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of SiriusPoint by 5.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,711,403 shares of the company’s stock valued at $81,880,000 after buying an additional 321,296 shares in the last quarter. American Century Companies Inc. raised its stake in SiriusPoint by 18.5% during the 2nd quarter. American Century Companies Inc. now owns 2,093,696 shares of the company’s stock worth $25,543,000 after buying an additional 327,275 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in SiriusPoint by 7.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 883,749 shares of the company’s stock worth $12,673,000 after acquiring an additional 63,186 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of SiriusPoint by 5.7% in the third quarter. Empowered Funds LLC now owns 708,082 shares of the company’s stock worth $10,154,000 after acquiring an additional 38,267 shares in the last quarter. Institutional investors own 52.79% of the company’s stock.

SiriusPoint Trading Down 0.2 %

NYSE:SPNT opened at $15.42 on Friday. 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 simple moving average is $14.16 and its 200-day simple moving average is $13.72. SiriusPoint Ltd. has a fifty-two week low of $10.35 and a fifty-two week high of $15.88. The stock has a market capitalization of $2.50 billion, a PE ratio of 9.70 and a beta of 0.94.

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.