Edgestream Partners L.P. Grows Position in SiriusPoint Ltd. (NYSE:SPNT)

Edgestream Partners L.P. raised its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT) by 300.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 252,699 shares of the company’s stock after purchasing an additional 189,660 shares during the quarter. Edgestream Partners L.P. owned approximately 0.16% of SiriusPoint worth $3,624,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Donald Smith & CO. Inc. increased its position in shares of SiriusPoint by 6.6% during the second quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock valued at $86,280,000 after buying an additional 438,084 shares during the period. Dimensional Fund Advisors LP increased its position in shares of SiriusPoint by 5.0% during the second quarter. Dimensional Fund Advisors LP now owns 6,711,403 shares of the company’s stock valued at $81,880,000 after buying an additional 321,296 shares during the period. American Century Companies Inc. increased its position in shares of SiriusPoint by 18.5% during the second quarter. American Century Companies Inc. now owns 2,093,696 shares of the company’s stock valued at $25,543,000 after buying an additional 327,275 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of SiriusPoint by 7.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 883,749 shares of the company’s stock valued at $12,673,000 after buying an additional 63,186 shares during the period. Finally, Empowered Funds LLC increased its position in shares of 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 buying an additional 38,267 shares during the period. 52.79% of the stock is owned by hedge funds and other institutional investors.

SiriusPoint Stock Down 0.2 %

SPNT stock opened at $15.42 on Monday. 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 company’s 50 day moving average is $14.16 and its 200 day moving average is $13.72. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 9.70 and a beta of 0.94. SiriusPoint Ltd. has a 1-year low of $10.35 and a 1-year high of $15.88.

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.