Natixis Advisors LLC Sells 1,891 Shares of SiriusPoint Ltd. (NYSE:SPNT)

Natixis Advisors LLC decreased its stake in shares of SiriusPoint Ltd. (NYSE:SPNT) by 11.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,276 shares of the company’s stock after selling 1,891 shares during the period. Natixis Advisors LLC’s holdings in SiriusPoint were worth $219,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC lifted its position in SiriusPoint by 84.7% during the second quarter. CWM LLC now owns 2,289 shares of the company’s stock valued at $28,000 after purchasing an additional 1,050 shares during the period. Bayesian Capital Management LP bought a new position in SiriusPoint in the first quarter worth approximately $127,000. Summit Global Investments bought a new position in SiriusPoint in the second quarter worth approximately $166,000. Sei Investments Co. raised its position in SiriusPoint by 12.4% in the second quarter. Sei Investments Co. now owns 22,580 shares of the company’s stock worth $275,000 after acquiring an additional 2,489 shares during the period. Finally, Summit Securities Group LLC bought a new position in SiriusPoint in the second quarter worth approximately $291,000. Institutional investors own 52.79% of the company’s stock.

SiriusPoint Stock Down 0.2 %

SPNT opened at $15.42 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.26. SiriusPoint Ltd. has a 1-year low of $10.35 and a 1-year high of $15.88. The company has a market capitalization of $2.50 billion, a PE ratio of 9.70 and a beta of 0.94. The firm’s 50 day simple moving average is $14.13 and its two-hundred day simple moving average is $13.70.

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.