New York State Teachers Retirement System Has $593,000 Stock Holdings in SiriusPoint Ltd. (NYSE:SPNT)

New York State Teachers Retirement System cut its position in SiriusPoint Ltd. (NYSE:SPNT) by 16.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,364 shares of the company’s stock after selling 7,895 shares during the period. New York State Teachers Retirement System’s holdings in SiriusPoint were worth $593,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. CWM LLC boosted its position in shares of SiriusPoint by 84.7% during the second quarter. CWM LLC now owns 2,289 shares of the company’s stock valued at $28,000 after buying an additional 1,050 shares during the last quarter. Bayesian Capital Management LP bought a new stake in shares of SiriusPoint in the first quarter valued at $127,000. SG Americas Securities LLC purchased a new position in shares of SiriusPoint in the first quarter worth about $142,000. Summit Global Investments purchased a new stake in shares of SiriusPoint during the second quarter worth $166,000. Finally, ProShare Advisors LLC increased its position in shares of SiriusPoint by 8.8% during the first quarter. ProShare Advisors LLC now owns 14,775 shares of the company’s stock valued at $188,000 after buying an additional 1,199 shares during the period. 52.79% of the stock is currently owned by institutional investors.

SiriusPoint Stock Up 1.9 %

SPNT opened at $14.13 on Monday. The firm has a market capitalization of $2.29 billion, a P/E ratio of 8.89 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.56 and a quick ratio of 0.56. The company has a fifty day moving average price of $13.90 and a 200-day moving average price of $13.43. SiriusPoint Ltd. has a one year low of $9.43 and a one year high of $15.16.

About SiriusPoint

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.