SiriusPoint (NYSE:SPNT) Sets New 12-Month High at $14.86

Shares of SiriusPoint Ltd. (NYSE:SPNT) hit a new 52-week high on Monday . The stock traded as high as $14.86 and last traded at $14.63, with a volume of 21882 shares changing hands. The stock had previously closed at $14.56.

SiriusPoint Price Performance

The company has a market capitalization of $2.49 billion, a PE ratio of 8.72 and a beta of 0.94. The firm has a fifty day moving average of $13.03 and a two-hundred day moving average of $12.55. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.26.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC increased its position in SiriusPoint by 24.4% during the 2nd quarter. Renaissance Technologies LLC now owns 87,700 shares of the company’s stock valued at $1,070,000 after buying an additional 17,200 shares in the last quarter. Donald Smith & CO. Inc. increased its position in SiriusPoint by 6.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock valued at $86,280,000 after buying an additional 438,084 shares in the last quarter. Dimensional Fund Advisors LP increased its position in SiriusPoint by 5.0% during 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. Jupiter Asset Management Ltd. increased its position in SiriusPoint by 11.0% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 441,846 shares of the company’s stock valued at $5,391,000 after buying an additional 43,896 shares in the last quarter. Finally, American Century Companies Inc. increased its position in SiriusPoint by 18.5% during the 2nd quarter. American Century Companies Inc. now owns 2,093,696 shares of the company’s stock valued at $25,543,000 after buying an additional 327,275 shares in the last quarter. Institutional investors own 52.79% of the company’s stock.

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.