Strs Ohio Has $408,000 Stock Position in SiriusPoint Ltd. (NYSE:SPNT)

Strs Ohio boosted its position in shares of SiriusPoint Ltd. (NYSE:SPNT) by 222.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 35,200 shares of the company’s stock after purchasing an additional 24,300 shares during the period. Strs Ohio’s holdings in SiriusPoint were worth $408,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in shares of SiriusPoint by 31.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 13,951 shares of the company’s stock worth $142,000 after acquiring an additional 3,339 shares in the last quarter. Victory Capital Management Inc. bought a new stake in SiriusPoint during the 3rd quarter valued at approximately $155,000. Syon Capital LLC bought a new stake in SiriusPoint during the 3rd quarter valued at approximately $307,000. Deutsche Bank AG boosted its stake in SiriusPoint by 15.9% during the 3rd quarter. Deutsche Bank AG now owns 43,057 shares of the company’s stock valued at $438,000 after purchasing an additional 5,922 shares during the period. Finally, Louisiana State Employees Retirement System bought a new stake in SiriusPoint during the 4th quarter valued at approximately $525,000. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Price Performance

Shares of NYSE:SPNT opened at $12.08 on Monday. The business has a 50 day moving average price of $12.24 and a 200 day moving average price of $11.44. SiriusPoint Ltd. has a twelve month low of $8.39 and a twelve month high of $13.03. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 6.13 and a beta of 0.96. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.34.

SiriusPoint (NYSE:SPNT) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.50 EPS for the quarter. The firm had revenue of $645.80 million during the quarter. SiriusPoint had a return on equity of 17.48% and a net margin of 13.28%.

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.