Flagship Harbor Advisors LLC Has $409,000 Stock Position in SiriusPoint Ltd. (NYSE:SPNT)

Flagship Harbor Advisors LLC grew its holdings in SiriusPoint Ltd. (NYSE:SPNT) by 8.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,971 shares of the company’s stock after purchasing an additional 1,945 shares during the period. Flagship Harbor Advisors LLC’s holdings in SiriusPoint were worth $409,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. State Street Corp increased its stake in SiriusPoint by 4.8% in the 3rd quarter. State Street Corp now owns 3,578,129 shares of the company’s stock valued at $51,310,000 after buying an additional 162,959 shares during the last quarter. Geode Capital Management LLC increased its position in shares of SiriusPoint by 5.3% in the third quarter. Geode Capital Management LLC now owns 2,284,726 shares of the company’s stock valued at $32,769,000 after acquiring an additional 115,868 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of SiriusPoint by 7.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 883,749 shares of the company’s stock valued at $12,673,000 after acquiring an additional 63,186 shares during the last quarter. Hennessy Advisors Inc. raised its holdings in SiriusPoint by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 784,105 shares of the company’s stock worth $12,851,000 after acquiring an additional 50,000 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in SiriusPoint by 5.7% during the third quarter. Empowered Funds LLC now owns 708,082 shares of the company’s stock valued at $10,154,000 after purchasing an additional 38,267 shares during the last quarter. Institutional investors own 52.79% of the company’s stock.

SiriusPoint Stock Up 0.8 %

NYSE:SPNT opened at $14.81 on Wednesday. SiriusPoint Ltd. has a twelve month low of $11.27 and a twelve month high of $16.50. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 9.32 and a beta of 0.95. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.26. The stock’s 50 day moving average price is $15.10 and its two-hundred day moving average price is $14.46.

SiriusPoint (NYSE:SPNT) last issued its earnings results on Thursday, October 31st. The company reported $0.03 earnings per share for the quarter. The business had revenue of $562.20 million for the quarter. SiriusPoint had a net margin of 11.94% and a return on equity of 12.91%.

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.