2 weeks Ago By Defense World Staff
Bank of Montreal Can grew its position in SiriusPoint Ltd. (NYSE:SPNT – Free Report) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 18,013 shares of the company’s stock after buying an additional 1,393 shares during the quarter. Bank of Montreal Can’s holdings in SiriusPoint were worth $295,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds have also recently bought and sold shares of the company.
Smartleaf Asset Management LLC grew its holdings in shares of SiriusPoint by 122.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,236 shares of the company’s stock valued at $53,000 after purchasing an additional 1,779 shares in the last quarter.
Flagship Harbor Advisors LLC grew its position in shares of SiriusPoint by 8.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 24,971 shares of the company’s stock worth $409,000 after buying an additional 1,945 shares in the last quarter.
R Squared Ltd acquired a new stake in SiriusPoint in the fourth quarter valued at approximately $35,000. KBC Group NV increased its position in shares of SiriusPoint by 80.1% in the 4th quarter.
KBC Group NV now owns 5,935 shares of the company’s stock valued at $97,000 after purchasing an additional 2,640 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of SiriusPoint by 14,087.0% during the 4th 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 last quarter. Institutional investors and hedge funds own 52.79% of the company’s stock.
SiriusPoint Stock PerformanceShares of SPNT opened at $16.58 on Thursday. The stock has a market capitalization of $2.
69 billion, a P/E ratio of 17.27 and a beta of 0.72.
The company’s fifty day moving average is $15.60 and its two-hundred day moving average is $14.92.
The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.56 and a current ratio of 0.
57. SiriusPoint Ltd. has a 1 year low of $11.
54 and a 1 year high of $17.99. SiriusPoint (NYSE:SPNT – Get Free Report) last issued its earnings results on Tuesday, February 18th.
The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.
49). The company 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%.
Analysts Set New Price TargetsSPNT has been the subject of a number of research analyst reports. Jefferies Financial Group initiated coverage on SiriusPoint in a report on Tuesday, April 15th. They issued a “hold” rating and a $17.
00 price target for the company. DOWLING & PARTN raised SiriusPoint from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th.Check Out Our Latest Stock Report on SiriusPointInsider Buying and SellingIn related news, Director Daniel S.
Loeb sold 4,106,631 shares of SiriusPoint stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $13.71, for a total transaction of $56,301,911.
01. Following the completion of the transaction, the director now directly owns 9,428,008 shares in the company, valued at $129,257,989.68.
The trade was a 30.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Insiders own 10.32% of the company’s stock. SiriusPoint Profile (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.
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