Citizens Financial Group Inc. RI Makes New Investment in Fidelis Insurance Holdings Limited $FIHL

Citizens Financial Group Inc. RI acquired a new stake in Fidelis Insurance Holdings Limited (NYSE:FIHLFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 40,244 shares of the company’s stock, valued at approximately $980,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FIHL. LSV Asset Management boosted its position in shares of Fidelis Insurance by 46.1% in the 4th quarter. LSV Asset Management now owns 4,377,732 shares of the company’s stock worth $85,672,000 after buying an additional 1,382,352 shares in the last quarter. NFC Investments LLC increased its holdings in Fidelis Insurance by 50.9% during the 4th quarter. NFC Investments LLC now owns 809,454 shares of the company’s stock valued at $15,841,000 after acquiring an additional 273,075 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new position in Fidelis Insurance during the 1st quarter valued at about $7,367,000. Arrowstreet Capital Limited Partnership raised its position in Fidelis Insurance by 28.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 208,605 shares of the company’s stock worth $3,986,000 after acquiring an additional 46,387 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Fidelis Insurance during the fourth quarter worth about $1,094,000. 81.99% of the stock is owned by institutional investors and hedge funds.

Fidelis Insurance Stock Down 1.3%

Shares of NYSE FIHL opened at $23.53 on Wednesday. The firm’s 50-day moving average is $24.57 and its two-hundred day moving average is $21.76. The company has a market capitalization of $2.27 billion, a PE ratio of 10.65 and a beta of 0.36. Fidelis Insurance Holdings Limited has a 12-month low of $14.80 and a 12-month high of $21.50. 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 Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding FIHL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelis Insurance Holdings Limited (NYSE:FIHLFree Report).

Institutional Ownership by Quarter for Fidelis Insurance (NYSE:FIHL)

Receive News & Ratings for Fidelis Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelis Insurance and related companies with MarketBeat.com's FREE daily email newsletter.