2 weeks Ago By ABMN Staff
Bank of Montreal Can lifted its holdings in SiriusPoint Ltd. ( NYSE:SPNT – Free Report ) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 18,013 shares of the company’s stock after acquiring an additional 1,393 shares during the period. Bank of Montreal Can’s holdings in SiriusPoint were worth $295,000 as of its most recent SEC filing. Other hedge funds also recently added to or reduced their stakes in the company.
R Squared Ltd acquired a new stake in SiriusPoint during the 4th quarter valued at $35,000. Smartleaf Asset Management LLC lifted its holdings in SiriusPoint by 122.1% during the 4th quarter.
Smartleaf Asset Management LLC now owns 3,236 shares of the company’s stock worth $53,000 after buying an additional 1,779 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in SiriusPoint by 14,087.0% in the fourth quarter.
Farther Finance Advisors LLC now owns 3,263 shares of the company’s stock worth $53,000 after purchasing an additional 3,240 shares during the period. KBC Group NV grew its position in shares of SiriusPoint by 80.1% during the 4th quarter.
KBC Group NV now owns 5,935 shares of the company’s stock valued at $97,000 after buying an additional 2,640 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of SiriusPoint during the 4th quarter worth approximately $185,000. 52.
79% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling In other SiriusPoint news, Director Daniel S. Loeb sold 4,106,631 shares of the stock in a transaction that occurred on Thursday, February 27th.
The shares were sold at an average price of $13.71, for a total value of $56,301,911.01.
Following the completion of the sale, the director now owns 9,428,008 shares in the company, valued at $129,257,989.68. This represents a 30.
34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . 10.
32% of the stock is currently owned by corporate insiders. SiriusPoint Price Performance SiriusPoint ( NYSE:SPNT – Get Free Report ) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.
13) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.49).
The business had revenue of $612.80 million for the quarter. SiriusPoint had a return on equity of 8.
73% and a net margin of 7.68%. Analyst Ratings Changes Several equities research analysts have commented on the stock.
DOWLING & PARTN upgraded shares of SiriusPoint from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th. Jefferies Financial Group started coverage on shares of SiriusPoint in a report on Tuesday, April 15th. They set a “hold” rating and a $17.
00 target price for the company. Read Our Latest Stock Analysis on SPNT About SiriusPoint ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding SPNT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for SiriusPoint Ltd. ( NYSE:SPNT – Free Report ). Receive News & Ratings for SiriusPoint Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SiriusPoint and related companies with MarketBeat.
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