Jackson Hole Capital Partners LLC Makes New $128,000 Investment in SiriusPoint Ltd. (NYSE:SPNT)

Jackson Hole Capital Partners LLC bought a new stake in SiriusPoint Ltd. (NYSE:SPNT) during the 4th quarter, HoldingsChannel.com reports. The firm bought 11,000 shares of the company’s stock, valued at approximately $128,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Swiss National Bank lifted its position in shares of SiriusPoint by 1.3% in the third quarter. Swiss National Bank now owns 197,000 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,500 shares in the last quarter. Rhumbline Advisers lifted its position in SiriusPoint by 1.2% during the third quarter. Rhumbline Advisers now owns 280,719 shares of the company’s stock worth $2,855,000 after buying an additional 3,241 shares in the last quarter. Algert Global LLC lifted its position in SiriusPoint by 4.9% during the third quarter. Algert Global LLC now owns 69,850 shares of the company’s stock worth $710,000 after buying an additional 3,290 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in SiriusPoint by 31.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 13,951 shares of the company’s stock worth $142,000 after buying an additional 3,339 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in SiriusPoint by 15.9% during the third quarter. Deutsche Bank AG now owns 43,057 shares of the company’s stock worth $438,000 after buying an additional 5,922 shares in the last quarter. Hedge funds and other institutional investors own 52.79% of the company’s stock.

SiriusPoint Trading Up 1.6 %

SiriusPoint stock traded up $0.19 during trading on Friday, reaching $12.08. 638,341 shares of the company were exchanged, compared to its average volume of 639,021. SiriusPoint Ltd. has a 52-week low of $8.39 and a 52-week high of $13.03. The company has a market capitalization of $2.05 billion, a P/E ratio of 6.13 and a beta of 0.96. 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 stock’s 50 day simple moving average is $12.24 and its two-hundred day simple moving average is $11.42.

SiriusPoint (NYSE:SPNT) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $0.50 EPS 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.