Geode Capital Management LLC Has $32.77 Million Holdings in SiriusPoint Ltd. (NYSE:SPNT)

Geode Capital Management LLC raised its position in SiriusPoint Ltd. (NYSE:SPNT) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,284,726 shares of the company’s stock after purchasing an additional 115,868 shares during the quarter. Geode Capital Management LLC’s holdings in SiriusPoint were worth $32,769,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPNT. Louisiana State Employees Retirement System grew its stake in shares of SiriusPoint by 1.7% during the 3rd quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company’s stock worth $675,000 after acquiring an additional 800 shares in the last quarter. Arizona State Retirement System grew its position in SiriusPoint by 3.2% in the second quarter. Arizona State Retirement System now owns 28,513 shares of the company’s stock valued at $348,000 after purchasing an additional 880 shares in the last quarter. Natixis Advisors LLC increased its stake in SiriusPoint by 6.6% in the 2nd quarter. Natixis Advisors LLC now owns 17,167 shares of the company’s stock valued at $209,000 after buying an additional 1,059 shares during the last quarter. State of Alaska Department of Revenue lifted its position in SiriusPoint by 2.8% during the 3rd quarter. State of Alaska Department of Revenue now owns 55,588 shares of the company’s stock worth $797,000 after buying an additional 1,537 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of SiriusPoint by 12.4% during the 2nd quarter. Sei Investments Co. now owns 22,580 shares of the company’s stock worth $275,000 after buying an additional 2,489 shares during the last quarter. 52.79% of the stock is currently owned by institutional investors.

SiriusPoint Price Performance

NYSE:SPNT opened at $13.98 on Thursday. SiriusPoint Ltd. has a 52-week low of $10.84 and a 52-week high of $16.20. The company has a market cap of $2.26 billion, a P/E ratio of 8.79 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.56 and a current ratio of 0.56. The stock’s 50-day simple moving average is $14.62 and its 200 day simple moving average is $14.00.

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.