Jackson Hole Capital Partners LLC Purchases Shares of 11,000 SiriusPoint Ltd. (NYSE:SPNT)

Jackson Hole Capital Partners LLC purchased a new stake in shares of SiriusPoint Ltd. (NYSE:SPNT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,000 shares of the company’s stock, valued at approximately $128,000.

A number of other large investors have also made changes to their positions in the company. Counterpoint Mutual Funds LLC purchased a new position in shares of SiriusPoint during the 3rd quarter valued at about $123,000. Bfsg LLC purchased a new position in shares of SiriusPoint during the 3rd quarter valued at about $491,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of SiriusPoint by 41.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 52,035 shares of the company’s stock valued at $529,000 after buying an additional 15,314 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of SiriusPoint by 31.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 13,951 shares of the company’s stock valued at $142,000 after buying an additional 3,339 shares in the last quarter. Finally, Syon Capital LLC purchased a new position in shares of SiriusPoint during the 3rd quarter valued at about $307,000. 52.79% of the stock is currently owned by institutional investors.

SiriusPoint Stock Performance

Shares of SPNT stock traded up $0.19 during trading hours on Friday, reaching $12.08. 638,341 shares of the company traded hands, compared to its average volume of 639,021. SiriusPoint Ltd. has a 12-month low of $8.39 and a 12-month high of $13.03. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market cap of $2.05 billion, a P/E ratio of 6.13 and a beta of 0.96. The firm has a 50-day moving average price of $12.24 and a 200 day moving average price of $11.42.

SiriusPoint (NYSE:SPNT) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.50 earnings per share for the quarter. SiriusPoint had a return on equity of 17.48% and a net margin of 13.28%. The firm had revenue of $645.80 million for the quarter.

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.