Arizona State Retirement System Has $348,000 Stake in SiriusPoint Ltd. (NYSE:SPNT)

Arizona State Retirement System boosted its position in shares of SiriusPoint Ltd. (NYSE:SPNT) by 3.2% in the second quarter, Holdings Channel reports. The firm owned 28,513 shares of the company’s stock after purchasing an additional 880 shares during the period. Arizona State Retirement System’s holdings in SiriusPoint were worth $348,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Texas Permanent School Fund Corp grew its holdings in SiriusPoint by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 79,199 shares of the company’s stock valued at $1,007,000 after purchasing an additional 1,026 shares during the period. CWM LLC boosted its holdings in shares of SiriusPoint by 84.7% in the second quarter. CWM LLC now owns 2,289 shares of the company’s stock valued at $28,000 after buying an additional 1,050 shares during the period. Natixis Advisors LLC boosted its holdings in shares of SiriusPoint by 6.6% in the second quarter. Natixis Advisors LLC now owns 17,167 shares of the company’s stock valued at $209,000 after buying an additional 1,059 shares during the period. ProShare Advisors LLC boosted its holdings in shares of SiriusPoint by 8.8% in the first quarter. ProShare Advisors LLC now owns 14,775 shares of the company’s stock valued at $188,000 after buying an additional 1,199 shares during the period. Finally, Louisiana State Employees Retirement System boosted its holdings in shares of SiriusPoint by 3.3% in the second quarter. Louisiana State Employees Retirement System now owns 46,300 shares of the company’s stock valued at $565,000 after buying an additional 1,500 shares during the period. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Stock Performance

Shares of SPNT stock opened at $14.10 on Wednesday. The company’s fifty day simple moving average is $14.17 and its 200-day simple moving average is $13.04. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.26. The firm has a market cap of $2.40 billion, a PE ratio of 8.39 and a beta of 0.93. SiriusPoint Ltd. has a 12 month low of $9.43 and a 12 month high of $15.16.

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

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.