R Squared Ltd Buys Shares of 2,110 SiriusPoint Ltd. (NYSE:SPNT)

R Squared Ltd bought a new stake in SiriusPoint Ltd. (NYSE:SPNT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,110 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors also recently modified their holdings of the company. KBC Group NV grew its holdings in shares of SiriusPoint by 80.1% during the 4th quarter. KBC Group NV now owns 5,935 shares of the company’s stock worth $97,000 after purchasing an additional 2,640 shares in the last quarter. SG Americas Securities LLC acquired a new stake in SiriusPoint in the 4th quarter valued at $185,000. Sei Investments Co. boosted its stake in SiriusPoint by 12.4% in the 2nd quarter. Sei Investments Co. now owns 22,580 shares of the company’s stock valued at $275,000 after buying an additional 2,489 shares in the last quarter. ClearAlpha Technologies LP acquired a new stake in SiriusPoint in the 3rd quarter valued at $298,000. Finally, Flagship Harbor Advisors LLC boosted its stake in SiriusPoint by 8.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 24,971 shares of the company’s stock valued at $409,000 after buying an additional 1,945 shares in the last quarter. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Price Performance

Shares of SPNT stock opened at $14.11 on Tuesday. The stock’s fifty day simple moving average is $15.02 and its 200 day simple moving average is $14.49. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 8.87 and a beta of 0.95. SiriusPoint Ltd. has a one year low of $11.27 and a one year high of $16.50.

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.