Stephens Inc. AR Buys 54,759 Shares of Fidelis Insurance Holdings Limited $FIHL

Stephens Inc. AR lifted its stake in shares of Fidelis Insurance Holdings Limited (NYSE:FIHL) by 30.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 237,205 shares of the company’s stock after acquiring an additional 54,759 shares during the period. Stephens Inc. AR owned approximately 0.21% of Fidelis Insurance worth $4,642,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of FIHL. Focus Partners Wealth bought a new position in Fidelis Insurance during the third quarter valued at approximately $77,000. Tower Research Capital LLC TRC grew its position in Fidelis Insurance by 58.9% during the second quarter. Tower Research Capital LLC TRC now owns 7,786 shares of the company’s stock valued at $129,000 after acquiring an additional 2,885 shares during the last quarter. First Trust Advisors LP bought a new position in Fidelis Insurance during the second quarter valued at approximately $169,000. Quadrant Capital Group LLC purchased a new position in Fidelis Insurance in the 3rd quarter worth $193,000. Finally, WINTON GROUP Ltd purchased a new position in Fidelis Insurance in the 2nd quarter worth $217,000. 81.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on FIHL. Barclays lifted their target price on shares of Fidelis Insurance from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Weiss Ratings upgraded shares of Fidelis Insurance from a “hold (c)” rating to a “buy (b)” rating in a research report on Friday, March 6th. UBS Group lifted their target price on shares of Fidelis Insurance from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Wall Street Zen cut shares of Fidelis Insurance from a “buy” rating to a “hold” rating in a research report on Sunday, February 8th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Fidelis Insurance from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Fidelis Insurance has a consensus rating of “Hold” and a consensus target price of $21.92.

Fidelis Insurance Price Performance

FIHL stock opened at $23.16 on Monday. The firm’s 50-day moving average price is $19.88 and its two-hundred day moving average price is $19.32. Fidelis Insurance Holdings Limited has a 12-month low of $14.80 and a 12-month high of $21.50. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 10.48 and a beta of 0.36. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.35.

Fidelis Insurance (NYSE:FIHL) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.94 earnings per share (EPS) for the quarter. The firm had revenue of $610.60 million for the quarter. Fidelis Insurance had a net margin of 9.02% and a return on equity of 8.62%. As a group, equities analysts predict that Fidelis Insurance Holdings Limited will post 3.19 earnings per share for the current year.

Fidelis Insurance Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.6%. Fidelis Insurance’s payout ratio is presently 27.15%.

Fidelis Insurance announced that its Board of Directors has authorized a share repurchase plan on Friday, February 20th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 18% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.

Fidelis Insurance Company 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.