SiriusPoint Ltd. (NYSE:SPNT) Shares Sold by Bfsg LLC

Bfsg LLC decreased its holdings in SiriusPoint Ltd. (NYSE:SPNT) by 9.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,741 shares of the company’s stock after selling 3,173 shares during the quarter. Bfsg LLC’s holdings in SiriusPoint were worth $504,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Louisiana State Employees Retirement System raised its holdings in SiriusPoint by 1.7% in the 3rd quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company’s stock worth $675,000 after purchasing an additional 800 shares during the period. State of Alaska Department of Revenue raised its holdings in SiriusPoint by 2.8% in the 3rd quarter. State of Alaska Department of Revenue now owns 55,588 shares of the company’s stock worth $797,000 after purchasing an additional 1,537 shares during the period. Flagship Harbor Advisors LLC raised its holdings in SiriusPoint by 8.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 24,971 shares of the company’s stock worth $409,000 after purchasing an additional 1,945 shares during the period. R Squared Ltd acquired a new position in SiriusPoint in the 4th quarter worth about $35,000. Finally, KBC Group NV raised its holdings in SiriusPoint by 80.1% in 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 during the period. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Stock Performance

NYSE SPNT opened at $14.00 on Wednesday. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 8.80 and a beta of 0.94. SiriusPoint Ltd. has a twelve month low of $11.27 and a twelve month high of $16.50. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.26. The stock has a 50-day moving average of $14.71 and a 200 day moving average of $14.50.

SiriusPoint (NYSE:SPNT) last posted its quarterly earnings data on Tuesday, February 18th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.49). SiriusPoint had a return on equity of 12.91% and a net margin of 11.94%.

SiriusPoint 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.