2 weeks Ago By Defense World Staff
Geode Capital Management LLC trimmed its position in Fidelis Insurance Holdings Limited ( NYSE:FIHL – Free Report ) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 615,575 shares of the company’s stock after selling 12,041 shares during the period.
Geode Capital Management LLC owned about 0.52% of Fidelis Insurance worth $11,160,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also bought and sold shares of the company.
American Century Companies Inc. lifted its stake in shares of Fidelis Insurance by 6.7% in the 4th quarter.
American Century Companies Inc. now owns 3,577,018 shares of the company’s stock worth $64,851,000 after purchasing an additional 225,952 shares during the period. Wellington Management Group LLP raised its position in Fidelis Insurance by 5.
3% in the fourth quarter. Wellington Management Group LLP now owns 3,240,681 shares of the company’s stock worth $58,754,000 after acquiring an additional 162,524 shares during the period. Loomis Sayles & Co.
L P boosted its stake in shares of Fidelis Insurance by 77.9% during the 4th quarter. Loomis Sayles & Co.
L P now owns 1,166,264 shares of the company’s stock worth $21,144,000 after acquiring an additional 510,699 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Fidelis Insurance by 21.9% during the 4th quarter.
Empowered Funds LLC now owns 433,559 shares of the company’s stock worth $7,860,000 after acquiring an additional 77,851 shares during the last quarter. Finally, Sei Investments Co. grew its position in shares of Fidelis Insurance by 8.
6% during the 4th quarter. Sei Investments Co. now owns 261,862 shares of the company’s stock valued at $4,748,000 after acquiring an additional 20,829 shares during the period.
81.99% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several research firms recently weighed in on FIHL.
Keefe, Bruyette & Woods lowered their target price on Fidelis Insurance from $22.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th.
UBS Group boosted their price objective on Fidelis Insurance from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, March 7th.
JPMorgan Chase & Co. decreased their target price on shares of Fidelis Insurance from $19.00 to $18.
00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Barclays lowered their price target on shares of Fidelis Insurance from $18.00 to $16.
00 and set an “equal weight” rating on the stock in a report on Friday, April 11th. Finally, The Goldman Sachs Group reissued a “sell” rating and issued a $16.00 price objective (down from $21.
00) on shares of Fidelis Insurance in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.
com, the company presently has an average rating of “Hold” and a consensus price target of $19.71. Fidelis Insurance Trading Up 3.
7 % Fidelis Insurance stock opened at $16.45 on Wednesday. The company has a debt-to-equity ratio of 0.
17, a current ratio of 0.68 and a quick ratio of 0.68.
The firm’s 50 day moving average price is $15.56 and its 200-day moving average price is $17.13.
Fidelis Insurance Holdings Limited has a 1 year low of $14.17 and a 1 year high of $21.32.
The stock has a market cap of $1.84 billion, a P/E ratio of 4.15 and a beta of 0.
28. Fidelis Insurance ( NYSE:FIHL – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 25th. The company reported ($1.
05) EPS for the quarter, missing the consensus estimate of $0.93 by ($1.98).
The company had revenue of $685.90 million during the quarter, compared to analysts’ expectations of $661.52 million.
Fidelis Insurance had a return on equity of 15.27% and a net margin of 20.17%.
On average, equities analysts predict that Fidelis Insurance Holdings Limited will post 3.12 earnings per share for the current fiscal year. Fidelis Insurance Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th.
Shareholders of record on Wednesday, March 12th were issued a dividend of $0.10 per share. This represents a $0.
40 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend was Wednesday, March 12th.
Fidelis Insurance’s dividend payout ratio is presently 42.55%. Fidelis Insurance 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 Five stocks we like better than Fidelis Insurance How to Start Investing in Real Estate How to Invest in Micro-Cap Stocks Like a Pro How to start investing in penny stocks Investors Sell Microsoft Stock on OpenAI News—Time to Buy? How to Buy Cheap Stocks Step by Step Take-Two Interactive: A Defensive Play Set to Explode 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 ). 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 .
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