Campbell & CO Investment Adviser LLC Decreases Position in SiriusPoint Ltd. $SPNT

Campbell & CO Investment Adviser LLC reduced its stake in shares of SiriusPoint Ltd. (NYSE:SPNT) by 54.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,000 shares of the company’s stock after selling 25,139 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in SiriusPoint were worth $380,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in SiriusPoint by 20.1% in the 1st quarter. Royal Bank of Canada now owns 17,589 shares of the company’s stock worth $304,000 after acquiring an additional 2,949 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of SiriusPoint by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 55,933 shares of the company’s stock worth $967,000 after purchasing an additional 2,480 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of SiriusPoint by 223.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,086,688 shares of the company’s stock worth $36,079,000 after purchasing an additional 1,440,836 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of SiriusPoint by 15.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 228,874 shares of the company’s stock valued at $3,957,000 after purchasing an additional 30,022 shares during the period. Finally, Jane Street Group LLC grew its holdings in SiriusPoint by 281.2% during the 1st quarter. Jane Street Group LLC now owns 236,222 shares of the company’s stock valued at $4,084,000 after purchasing an additional 174,246 shares in the last quarter. 52.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Raymond James Financial initiated coverage on shares of SiriusPoint in a report on Friday, January 16th. They issued a “market perform” rating on the stock. Wall Street Zen downgraded SiriusPoint from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 17th. Weiss Ratings reiterated a “buy (b+)” rating on shares of SiriusPoint in a research note on Monday, December 29th. Finally, Zacks Research downgraded SiriusPoint from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.00.

SiriusPoint Price Performance

Shares of SPNT stock opened at $19.95 on Friday. The firm has a fifty day moving average of $21.12 and a two-hundred day moving average of $19.51. The firm has a market cap of $2.33 billion, a P/E ratio of 12.55 and a beta of 0.69. SiriusPoint Ltd. has a 1-year low of $13.26 and a 1-year high of $22.89. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.57 and a quick ratio of 0.57.

SiriusPoint (NYSE:SPNT) last issued its earnings results on Thursday, October 30th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.21. The business had revenue of $755.90 million for the quarter, compared to analyst estimates of $738.35 million. SiriusPoint had a net margin of 6.97% and a return on equity of 11.31%.

About SiriusPoint

SiriusPoint Ltd. is a global insurance and reinsurance company headquartered in Bermuda, offering a broad range of property and casualty solutions to clients around the world. The company operates through two core segments: reinsurance, which provides treaty and facultative coverage across property, casualty and specialty lines; and insurance, which underwrites specialty programs, fronting arrangements and other tailored products for commercial and niche markets. This integrated model allows SiriusPoint to leverage shared underwriting expertise and capital efficiency across its product suite.

On the reinsurance side, SiriusPoint’s offerings include coverage for natural catastrophes, casualty losses, political risk and other complex exposures, with both proportional and non-proportional treaty structures.