SiriusPoint Ltd. (NYSE:SPNT) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in SiriusPoint Ltd. (NYSE:SPNT) by 172.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,545 shares of the company’s stock after buying an additional 133,331 shares during the quarter. Barclays PLC’s holdings in SiriusPoint were worth $3,018,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Natixis Advisors LLC increased its stake in SiriusPoint by 6.6% during the second quarter. Natixis Advisors LLC now owns 17,167 shares of the company’s stock worth $209,000 after acquiring an additional 1,059 shares during the last quarter. Sei Investments Co. raised its stake 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 purchasing an additional 2,489 shares during the period. ClearAlpha Technologies LP acquired a new position in SiriusPoint in the 3rd quarter worth $298,000. Arizona State Retirement System increased its position in shares of SiriusPoint by 3.2% during the second quarter. Arizona State Retirement System now owns 28,513 shares of the company’s stock worth $348,000 after acquiring an additional 880 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in shares of SiriusPoint by 3.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 46,300 shares of the company’s stock valued at $565,000 after purchasing an additional 1,500 shares in the last quarter. 52.79% of the stock is currently owned by hedge funds and other institutional investors.

SiriusPoint Price Performance

Shares of SPNT stock opened at $14.15 on Tuesday. The firm has a market cap of $2.29 billion, a P/E ratio of 8.90 and a beta of 0.98. SiriusPoint Ltd. has a 1-year low of $10.84 and a 1-year high of $16.20. The firm has a fifty day moving average of $14.59 and a two-hundred day moving average of $13.98. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56.

About SiriusPoint

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.