UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.44 Million Holdings in SiriusPoint Ltd. (NYSE:SPNT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of SiriusPoint Ltd. (NYSE:SPNT) by 14.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 169,934 shares of the company’s stock after selling 28,432 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in SiriusPoint were worth $2,437,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SPNT. CWM LLC raised its position in SiriusPoint by 84.7% during the second quarter. CWM LLC now owns 2,289 shares of the company’s stock valued at $28,000 after acquiring an additional 1,050 shares in the last quarter. Summit Global Investments bought a new position in shares of SiriusPoint during the 2nd quarter valued at $166,000. Natixis Advisors LLC lifted its stake in shares of SiriusPoint by 6.6% in the 2nd quarter. Natixis Advisors LLC now owns 17,167 shares of the company’s stock valued at $209,000 after purchasing an additional 1,059 shares during the last quarter. Sei Investments Co. boosted its holdings in SiriusPoint by 12.4% in the second quarter. Sei Investments Co. now owns 22,580 shares of the company’s stock worth $275,000 after purchasing an additional 2,489 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new position in SiriusPoint during the second quarter worth $291,000. Institutional investors own 52.79% of the company’s stock.

SiriusPoint Price Performance

Shares of NYSE:SPNT opened at $15.55 on Friday. The stock has a market capitalization of $2.52 billion, a P/E ratio of 9.78 and a beta of 0.98. The business has a 50-day moving average of $14.46 and a two-hundred day moving average of $13.91. SiriusPoint Ltd. has a fifty-two week low of $10.66 and a fifty-two week high of $16.20. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56.

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.