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

Stephens Inc. AR acquired a new stake in Fidelis Insurance Holdings Limited (NYSE:FIHL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 182,446 shares of the company’s stock, valued at approximately $3,311,000.

Several other large investors also recently bought and sold shares of FIHL. Royal Bank of Canada raised its holdings in shares of Fidelis Insurance by 62.1% in the first quarter. Royal Bank of Canada now owns 15,988 shares of the company’s stock worth $258,000 after buying an additional 6,124 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Fidelis Insurance by 41.2% in the 1st quarter. AQR Capital Management LLC now owns 74,025 shares of the company’s stock valued at $1,199,000 after acquiring an additional 21,590 shares during the period. Millennium Management LLC raised its stake in Fidelis Insurance by 4.0% in the 1st quarter. Millennium Management LLC now owns 859,192 shares of the company’s stock worth $13,919,000 after acquiring an additional 33,420 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Fidelis Insurance by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 896,089 shares of the company’s stock worth $14,517,000 after acquiring an additional 320,242 shares during the period. Finally, Jane Street Group LLC lifted its position in Fidelis Insurance by 177.3% during the 1st quarter. Jane Street Group LLC now owns 103,332 shares of the company’s stock worth $1,674,000 after acquiring an additional 66,063 shares during the period. Hedge funds and other institutional investors own 81.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Fidelis Insurance in a report on Monday, December 29th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $21.00 price target (up from $19.00) on shares of Fidelis Insurance in a research report on Wednesday, January 7th. Evercore ISI set a $21.00 price objective on shares of Fidelis Insurance in a research note on Wednesday, January 7th. Barclays increased their price objective on shares of Fidelis Insurance from $17.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Fidelis Insurance from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Four equities research 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $21.93.

Fidelis Insurance Stock Performance

FIHL opened at $18.36 on Friday. The firm has a fifty day moving average price of $18.99 and a 200 day moving average price of $17.79. Fidelis Insurance Holdings Limited has a 1 year low of $14.17 and a 1 year high of $19.83. The stock has a market cap of $2.03 billion, a P/E ratio of -367.10 and a beta of 0.24. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.74 and a quick ratio of 0.74.

Fidelis Insurance (NYSE:FIHL) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.02. Fidelis Insurance had a negative net margin of 0.56% and a negative return on equity of 0.94%. The business had revenue of $651.90 million during the quarter, compared to the consensus estimate of $676.79 million. Equities research analysts anticipate that Fidelis Insurance Holdings Limited will post 3.12 earnings per share for the current year.

Fidelis Insurance Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 10th were given a dividend of $0.15 per share. 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 is currently -1,200.00%.

About Fidelis Insurance

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.