2 weeks Ago By ABMN Staff
Geode Capital Management LLC cut its holdings in Fidelis Insurance Holdings Limited ( NYSE:FIHL – Free Report ) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 615,575 shares of the company’s stock after selling 12,041 shares during the period.
Geode Capital Management LLC’s holdings in Fidelis Insurance were worth $11,160,000 at the end of the most recent reporting period. Several other hedge funds have also recently made changes to their positions in the business. Principal Financial Group Inc.
bought a new stake in Fidelis Insurance during the third quarter worth approximately $1,144,000. Barclays PLC boosted its holdings in shares of Fidelis Insurance by 306.7% in the 3rd quarter.
Barclays PLC now owns 68,184 shares of the company’s stock worth $1,231,000 after purchasing an additional 51,419 shares during the period. Wedge Capital Management L L P NC bought a new position in shares of Fidelis Insurance during the 4th quarter valued at approximately $1,008,000. Kendall Capital Management raised its holdings in Fidelis Insurance by 128.
3% during the 4th quarter. Kendall Capital Management now owns 45,460 shares of the company’s stock valued at $824,000 after buying an additional 25,545 shares during the period. Finally, Raymond James Financial Inc.
bought a new stake in Fidelis Insurance in the fourth quarter worth $1,142,000. 81.99% of the stock is currently owned by hedge funds and other institutional investors.
Fidelis Insurance Price Performance Shares of FIHL stock opened at $16.45 on Wednesday. The company’s 50-day simple moving average is $15.
56 and its two-hundred day simple moving average is $17.13. The company has a debt-to-equity ratio of 0.
17, a current ratio of 0.68 and a quick ratio of 0.68.
Fidelis Insurance Holdings Limited has a one year low of $14.17 and a one year high of $21.32.
The company has a market capitalization of $1.84 billion, a P/E ratio of 4.15 and a beta of 0.
28. Fidelis Insurance Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 12th were issued a $0.
10 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $0.
40 annualized dividend and a dividend yield of 2.43%. Fidelis Insurance’s payout ratio is currently 42.
55%. Analyst Ratings Changes A number of research analysts have weighed in on FIHL shares. JPMorgan Chase & Co.
cut their price objective on shares of Fidelis Insurance from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th.
Keefe, Bruyette & Woods cut their price target on shares of Fidelis Insurance from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th.
The Goldman Sachs Group reissued a “sell” rating and issued a $16.00 price objective (down previously from $21.00) on shares of Fidelis Insurance in a research note on Wednesday, January 8th.
Barclays cut their target price on Fidelis Insurance from $18.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, April 11th.
Finally, UBS Group raised their price target on Fidelis Insurance from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, March 7th.
One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Fidelis Insurance has a consensus rating of “Hold” and an average price target of $19.
71. Check Out Our Latest Stock Analysis on Fidelis Insurance Fidelis Insurance Company Profile ( Free Report ) Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments.
The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions. 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:FIHL – Free Report ).
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