Yousif Capital Management LLC Decreases Holdings in SiriusPoint Ltd. (NYSE:SPNT)

Yousif Capital Management LLC trimmed its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT) by 5.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,951 shares of the company’s stock after selling 1,933 shares during the period. Yousif Capital Management LLC’s holdings in SiriusPoint were worth $573,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SPNT. Louisiana State Employees Retirement System boosted its position in SiriusPoint by 1.7% in the 3rd quarter. Louisiana State Employees Retirement System now owns 47,100 shares of the company’s stock valued at $675,000 after buying an additional 800 shares during the last quarter. State of Alaska Department of Revenue raised its stake in shares of SiriusPoint by 2.8% in the 3rd quarter. State of Alaska Department of Revenue now owns 55,588 shares of the company’s stock valued at $797,000 after purchasing an additional 1,537 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of SiriusPoint by 1.4% in the 3rd quarter. Principal Financial Group Inc. now owns 516,241 shares of the company’s stock valued at $7,403,000 after purchasing an additional 7,320 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of SiriusPoint by 5.9% in the 3rd quarter. Victory Capital Management Inc. now owns 57,420 shares of the company’s stock valued at $823,000 after purchasing an additional 3,177 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of SiriusPoint by 65.4% in the 3rd quarter. Royce & Associates LP now owns 132,883 shares of the company’s stock valued at $1,906,000 after purchasing an additional 52,565 shares in the last quarter. 52.79% of the stock is owned by hedge funds and other institutional investors.

SiriusPoint Stock Performance

Shares of SiriusPoint stock opened at $14.20 on Monday. The firm has a market cap of $2.30 billion, a PE ratio of 8.93 and a beta of 0.94. The firm’s 50-day simple moving average is $14.77 and its 200-day simple moving average is $14.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.56 and a current ratio of 0.56. SiriusPoint Ltd. has a 1 year low of $11.27 and a 1 year high of $16.50.

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.