ClearAlpha Technologies LP Purchases Shares of 20,771 SiriusPoint Ltd. (NYSE:SPNT)

ClearAlpha Technologies LP acquired a new position in SiriusPoint Ltd. (NYSE:SPNT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 20,771 shares of the company’s stock, valued at approximately $298,000.

Several other large investors have also recently modified their holdings of the company. Donald Smith & CO. Inc. boosted its stake in SiriusPoint by 6.6% in the second quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock valued at $86,280,000 after acquiring an additional 438,084 shares in the last quarter. 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 worth $81,880,000 after purchasing an additional 321,296 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of SiriusPoint by 18.5% during the 2nd quarter. American Century Companies Inc. now owns 2,093,696 shares of the company’s stock valued at $25,543,000 after purchasing an additional 327,275 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of SiriusPoint by 7.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 883,749 shares of the company’s stock worth $12,673,000 after purchasing an additional 63,186 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of SiriusPoint by 5.7% in the 3rd quarter. Empowered Funds LLC now owns 708,082 shares of the company’s stock worth $10,154,000 after purchasing an additional 38,267 shares in the last quarter. Institutional investors own 52.79% of the company’s stock.

SiriusPoint Trading Up 0.6 %

Shares of NYSE:SPNT opened at $15.52 on Tuesday. The business’s 50-day moving average is $14.16 and its 200 day moving average is $13.73. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56. SiriusPoint Ltd. has a 1 year low of $10.35 and a 1 year high of $15.88. The firm has a market capitalization of $2.51 billion, a P/E ratio of 9.76 and a beta of 0.98.

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.