SiriusPoint Ltd. (NYSE:SPNT) Shares Purchased by Maverick Capital Ltd.

Maverick Capital Ltd. boosted its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT) by 264.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,070 shares of the company’s stock after acquiring an additional 66,841 shares during the quarter. Maverick Capital Ltd. owned about 0.05% of SiriusPoint worth $1,123,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPNT. AQR Capital Management LLC grew its holdings in shares of SiriusPoint by 156.2% during the 2nd quarter. AQR Capital Management LLC now owns 333,422 shares of the company’s stock worth $4,068,000 after purchasing an additional 203,288 shares during the period. Public Sector Pension Investment Board boosted its stake in SiriusPoint by 7.9% during the second quarter. Public Sector Pension Investment Board now owns 202,541 shares of the company’s stock worth $2,471,000 after buying an additional 14,763 shares during the period. Sei Investments Co. increased its position in shares of SiriusPoint by 12.4% during the second quarter. Sei Investments Co. now owns 22,580 shares of the company’s stock valued at $275,000 after acquiring an additional 2,489 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of SiriusPoint by 24.4% in the 2nd quarter. Renaissance Technologies LLC now owns 87,700 shares of the company’s stock valued at $1,070,000 after acquiring an additional 17,200 shares during the period. Finally, Donald Smith & CO. Inc. lifted its holdings in shares of SiriusPoint by 6.6% in the 2nd quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock worth $86,280,000 after acquiring an additional 438,084 shares during the last quarter. Hedge funds and other institutional investors own 52.79% of the company’s stock.

SiriusPoint Stock Down 0.1 %

SiriusPoint stock opened at $14.44 on Friday. The company has a market capitalization of $2.47 billion, a PE ratio of 8.60 and a beta of 0.93. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.55 and a current ratio of 0.55. SiriusPoint Ltd. has a fifty-two week low of $9.43 and a fifty-two week high of $15.16. The firm has a 50 day moving average price of $14.38 and a 200 day moving average price of $13.14.

SiriusPoint (NYSE:SPNT) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.57 earnings per share for the quarter. SiriusPoint had a return on equity of 15.78% and a net margin of 13.24%. The business had revenue of $743.30 million during 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.