State Board of Administration of Florida Retirement System Acquires 48,186 Shares of SiriusPoint Ltd. $SPNT

State Board of Administration of Florida Retirement System grew its holdings in shares of SiriusPoint Ltd. (NYSE:SPNT - Free Report) by 184.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,296 shares of the company's stock after buying an additional 48,186 shares during the quarter. State Board of Administration of Florida Retirement System owned 0.06% of SiriusPoint worth $1,515,000 at the end of the most recent reporting period.Other institutional investors and hedge funds also recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new stake in SiriusPoint during the 2nd quarter worth approximately $270,000. Informed Momentum Co LLC purchased a new position in shares of SiriusPoint during the first quarter valued at approximately $3,792,000. Harbor Capital Advisors Inc. grew its holdings in SiriusPoint by 11.3% during the second quarter. Harbor Capital Advisors Inc. now owns 441,968 shares of the company's stock worth $9,012,000 after buying an additional 44,705 shares in the last quarter. Atika Capital Management LLC bought a new position in SiriusPoint during the 1st quarter valued at $7,262,000. Finally, Campbell & CO Investment Adviser LLC lifted its stake in SiriusPoint by 124.3% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 46,139 shares of the company's stock valued at $941,000 after acquiring an additional 25,567 shares in the last quarter. Institutional investors and hedge funds own 52.79% of the company's stock. Analysts Set New Price TargetsSPNT has been the subject of several analyst reports. Weiss Ratings reiterated a "buy (b+)" rating on shares of SiriusPoint in a report on Monday, December 1st. Zacks Research upgraded shares of SiriusPoint from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 1st. Finally, Wall Street Zen raised shares of SiriusPoint from a "buy" rating to a "strong-buy" rating in a research report on Saturday, November 8th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $25.00.Read Our Latest Analysis on SiriusPointSiriusPoint Stock PerformanceShares of SPNT stock opened at $21.50 on Friday. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 13.52 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.57 and a current ratio of 0.57. SiriusPoint Ltd. has a 52 week low of $13.26 and a 52 week high of $21.84. The firm's 50-day simple moving average is $19.27 and its two-hundred day simple moving average is $19.08. SiriusPoint (NYSE:SPNT - Get Free Report) last released its earnings results on Thursday, October 30th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.21. SiriusPoint had a net margin of 6.97% and a return on equity of 11.31%. The firm had revenue of $755.90 million during the quarter, compared to the consensus estimate of $738.35 million. SiriusPoint Company Profile (Free Report)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.Read MoreFive stocks we like better than SiriusPointUsing the MarketBeat Dividend Yield CalculatorUlta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?Upcoming IPO Stock Lockup Period, ExplainedGates Foundation Sells MSFT Stock—Should Investors Be Worried?How to Invest in Small Cap Stocks MarketBeat Week in Review – 12/1 - 12/5Want to see what other hedge funds are holding SPNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SiriusPoint Ltd. (NYSE:SPNT - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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