LSV Asset Management Makes New $8.34 Million Investment in SiriusPoint Ltd. $SPNT

LSV Asset Management purchased a new position in shares of SiriusPoint Ltd. (NYSE:SPNT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 460,869 shares of the company’s stock, valued at approximately $8,337,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in SiriusPoint by 187.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,113 shares of the company’s stock worth $43,000 after acquiring an additional 1,377 shares in the last quarter. CWM LLC increased its stake in SiriusPoint by 231.8% during the third quarter. CWM LLC now owns 9,822 shares of the company’s stock worth $178,000 after purchasing an additional 6,862 shares during the period. Ameritas Investment Partners Inc. lifted its position in shares of SiriusPoint by 8.4% during the second quarter. Ameritas Investment Partners Inc. now owns 10,469 shares of the company’s stock worth $213,000 after purchasing an additional 807 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of SiriusPoint by 867.5% during the second quarter. Russell Investments Group Ltd. now owns 10,710 shares of the company’s stock worth $218,000 after purchasing an additional 9,603 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of SiriusPoint by 161.6% in the second quarter. Tower Research Capital LLC TRC now owns 11,375 shares of the company’s stock valued at $232,000 after purchasing an additional 7,027 shares during the period. Hedge funds and other institutional investors own 52.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SPNT. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of SiriusPoint in a research note on Monday, December 29th. Raymond James Financial initiated coverage on SiriusPoint in a research report on Friday, January 16th. They set a “market perform” rating on the stock. Wall Street Zen cut SiriusPoint from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 17th. Zacks Research cut SiriusPoint from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, Jefferies Financial Group upgraded SiriusPoint to a “hold” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $25.00.

SiriusPoint Price Performance

SiriusPoint stock opened at $20.50 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $20.97 and a 200-day simple moving average of $19.63. The stock has a market cap of $2.39 billion, a P/E ratio of 12.89 and a beta of 0.68. SiriusPoint Ltd. has a 12-month low of $13.26 and a 12-month high of $22.89.

SiriusPoint Company Profile

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.