Yousif Capital Management LLC Has $629,000 Position in SiriusPoint Ltd. (NYSE:SPNT)

Yousif Capital Management LLC raised its stake in SiriusPoint Ltd. (NYSE:SPNT) by 23.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,196 shares of the company’s stock after buying an additional 10,334 shares during the quarter. Yousif Capital Management LLC’s holdings in SiriusPoint were worth $629,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPNT. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of SiriusPoint in the fourth quarter worth $16,259,000. Wellington Management Group LLP increased its position in SiriusPoint by 14.4% in the 3rd quarter. Wellington Management Group LLP now owns 8,770,542 shares of the company’s stock worth $89,196,000 after purchasing an additional 1,102,466 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of SiriusPoint by 286.5% during the 4th quarter. Federated Hermes Inc. now owns 656,058 shares of the company’s stock worth $7,610,000 after purchasing an additional 486,323 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of SiriusPoint by 30.3% during the 3rd quarter. American Century Companies Inc. now owns 1,037,426 shares of the company’s stock valued at $10,551,000 after buying an additional 241,339 shares during the last quarter. Finally, Capula Management Ltd bought a new stake in shares of SiriusPoint in the 3rd quarter valued at approximately $1,074,000. Hedge funds and other institutional investors own 52.79% of the company’s stock.

SiriusPoint Trading Up 1.5 %

NYSE:SPNT opened at $12.09 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.58 and a current ratio of 0.58. The company has a market capitalization of $2.06 billion, a P/E ratio of 7.20 and a beta of 0.95. The stock’s 50 day moving average price is $12.25 and its 200 day moving average price is $11.50. SiriusPoint Ltd. has a 52 week low of $8.39 and a 52 week high of $13.03.

SiriusPoint (NYSE:SPNT) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.50 earnings per share for the quarter. SiriusPoint had a net margin of 11.57% and a return on equity of 14.59%. The business had revenue of $645.80 million for the quarter.

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.