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

Geode Capital Management LLC grew its stake in SiriusPoint Ltd. (NYSE:SPNT) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 owned about 1.41% of SiriusPoint worth $32,769,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. boosted its stake in SiriusPoint by 6.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 7,072,135 shares of the company’s stock worth $86,280,000 after acquiring an additional 438,084 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in SiriusPoint by 5.0% in 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 during the period. State Street Corp boosted its position in shares of SiriusPoint by 4.8% during the third quarter. State Street Corp now owns 3,578,129 shares of the company’s stock worth $51,310,000 after purchasing an additional 162,959 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of SiriusPoint by 18.5% in the 2nd 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. Finally, Charles Schwab Investment Management Inc. increased 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 valued at $12,673,000 after buying an additional 63,186 shares in the last quarter. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Stock Performance

SPNT stock opened at $13.98 on Thursday. SiriusPoint Ltd. has a 1-year low of $10.84 and a 1-year high of $16.20. The business’s 50-day moving average price is $14.62 and its two-hundred day moving average price is $14.00. The firm has a market cap of $2.26 billion, a PE ratio of 8.79 and a beta of 0.98. 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 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.