Stephens Inc. AR Invests $3.31 Million in Fidelis Insurance Holdings Limited $FIHL

Stephens Inc. AR acquired a new stake in shares of Fidelis Insurance Holdings Limited (NYSE:FIHL) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 182,446 shares of the company’s stock, valued at approximately $3,311,000. Stephens Inc. AR owned 0.16% of Fidelis Insurance as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Creative Planning increased its position in shares of Fidelis Insurance by 379.6% during the second quarter. Creative Planning now owns 68,411 shares of the company’s stock worth $1,134,000 after acquiring an additional 54,146 shares during the period. JPMorgan Chase & Co. grew its stake in Fidelis Insurance by 332.5% in the second quarter. JPMorgan Chase & Co. now owns 937,527 shares of the company’s stock worth $15,544,000 after purchasing an additional 720,734 shares in the last quarter. Panagora Asset Management Inc. purchased a new position in Fidelis Insurance during the 2nd quarter worth $1,808,000. Loomis Sayles & Co. L P increased its holdings in Fidelis Insurance by 12.2% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,303,167 shares of the company’s stock worth $21,607,000 after purchasing an additional 142,089 shares during the period. Finally, Geode Capital Management LLC raised its position in Fidelis Insurance by 21.5% during the 2nd quarter. Geode Capital Management LLC now owns 736,920 shares of the company’s stock valued at $12,218,000 after purchasing an additional 130,170 shares in the last quarter. Institutional investors own 81.99% of the company’s stock.

Fidelis Insurance Trading Down 1.3%

NYSE FIHL opened at $18.36 on Friday. Fidelis Insurance Holdings Limited has a 52 week low of $14.17 and a 52 week high of $19.83. The company has a 50 day moving average price of $18.99 and a 200 day moving average price of $17.79. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.35. The firm has a market cap of $2.03 billion, a PE ratio of -367.10 and a beta of 0.24.

Fidelis Insurance (NYSE:FIHL) last released its quarterly earnings results on Wednesday, November 12th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.02. The business had revenue of $651.90 million for the quarter, compared to analyst estimates of $676.79 million. Fidelis Insurance had a negative net margin of 0.56% and a negative return on equity of 0.94%. As a group, sell-side analysts forecast that Fidelis Insurance Holdings Limited will post 3.12 EPS for the current fiscal year.

Fidelis Insurance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 10th were paid a $0.15 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.60 dividend on an annualized basis and a yield of 3.3%. Fidelis Insurance’s dividend payout ratio (DPR) is -1,200.00%.

Wall Street Analysts Forecast Growth

FIHL has been the topic of a number of recent research reports. Barclays increased their price target on Fidelis Insurance from $17.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Fidelis Insurance in a report on Monday, December 29th. UBS Group boosted their price target on shares of Fidelis Insurance from $23.00 to $24.00 and gave the company a “buy” rating in a report on Monday, November 17th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $21.00 price target (up previously from $19.00) on shares of Fidelis Insurance in a research report on Wednesday, January 7th. Finally, Wall Street Zen lowered shares of Fidelis Insurance from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Fidelis Insurance currently has a consensus rating of “Hold” and a consensus price target of $21.93.

Fidelis Insurance Profile

Fidelis Insurance Holdings Ltd is a Bermuda?incorporated specialty insurer and reinsurer that underwrites a broad range of liability and property risks. Founded in 2015, the company completed its initial public offering on the New York Stock Exchange in 2016 under the ticker FIHL. Fidelis focuses on providing tailored solutions for complex risks that traditional insurers may find difficult to accommodate, leveraging data analytics and underwriting expertise to structure policies across diverse industry segments.

The company’s product portfolio spans casualty lines—including general liability, excess and umbrella, professional indemnity, and management liability—alongside property, marine, energy and specialty programs.