Jane Street Group LLC Sells 62,465 Shares of SiriusPoint Ltd. (NYSE:SPNT)

Jane Street Group LLC cut its position in SiriusPoint Ltd. (NYSE:SPNT) by 59.0% in the third quarter, HoldingsChannel.com reports. The firm owned 43,445 shares of the company’s stock after selling 62,465 shares during the period. Jane Street Group LLC’s holdings in SiriusPoint were worth $623,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Donald Smith & CO. Inc. raised its holdings in SiriusPoint by 6.6% in the second quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock worth $86,280,000 after purchasing an additional 438,084 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in SiriusPoint by 5.0% in the second quarter. Dimensional Fund Advisors LP now owns 6,711,403 shares of the company’s stock worth $81,880,000 after purchasing an additional 321,296 shares in the last quarter. State Street Corp raised its holdings in SiriusPoint by 4.8% in the third quarter. State Street Corp now owns 3,578,129 shares of the company’s stock worth $51,310,000 after purchasing an additional 162,959 shares in the last quarter. American Century Companies Inc. raised its holdings in SiriusPoint by 18.5% in the second quarter. American Century Companies Inc. now owns 2,093,696 shares of the company’s stock worth $25,543,000 after purchasing an additional 327,275 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in SiriusPoint by 7.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 883,749 shares of the company’s stock worth $12,673,000 after purchasing an additional 63,186 shares in the last quarter. 52.79% of the stock is currently owned by institutional investors.

SiriusPoint Stock Performance

Shares of SiriusPoint stock opened at $15.70 on Friday. The company has a market capitalization of $2.54 billion, a PE ratio of 9.87 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.56 and a current ratio of 0.56. The company has a 50-day simple moving average of $14.83 and a two-hundred day simple moving average of $14.14. SiriusPoint Ltd. has a one year low of $10.84 and a one year high of $16.50.

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.