Fidelis Insurance Holdings Limited $FIHL Shares Sold by Empowered Funds LLC

Empowered Funds LLC decreased its holdings in shares of Fidelis Insurance Holdings Limited (NYSE:FIHL) by 8.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 443,815 shares of the company’s stock after selling 39,430 shares during the period. Empowered Funds LLC’s holdings in Fidelis Insurance were worth $8,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LSV Asset Management raised its position in Fidelis Insurance by 46.1% during the fourth quarter. LSV Asset Management now owns 4,377,732 shares of the company’s stock worth $85,672,000 after acquiring an additional 1,382,352 shares during the period. NFC Investments LLC grew its position in shares of Fidelis Insurance by 50.9% in the fourth quarter. NFC Investments LLC now owns 809,454 shares of the company’s stock valued at $15,841,000 after purchasing an additional 273,075 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of Fidelis Insurance in the first quarter valued at about $7,367,000. GSA Capital Partners LLP purchased a new stake in shares of Fidelis Insurance during the fourth quarter worth about $1,094,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Fidelis Insurance during the fourth quarter worth about $882,000. Institutional investors and hedge funds own 81.99% of the company’s stock.

Fidelis Insurance Price Performance

FIHL stock opened at $25.06 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.74 and a quick ratio of 0.74. The business has a 50 day simple moving average of $23.93 and a 200-day simple moving average of $21.24. The firm has a market capitalization of $2.42 billion, a PE ratio of 11.34 and a beta of 0.36. Fidelis Insurance Holdings Limited has a 1 year low of $14.80 and a 1 year high of $21.50.

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

Fidelis Insurance Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 15th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.4%. Fidelis Insurance’s dividend payout ratio (DPR) is 27.15%.

Analysts Set New Price Targets

Separately, Barclays raised their price target on shares of Fidelis Insurance from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Fidelis Insurance presently has a consensus rating of “Hold” and a consensus price target of $21.92.

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.