Fidelis Insurance Holdings Limited $FIHL Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Fidelis Insurance Holdings Limited (NYSE:FIHL) by 1.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 2,823,089 shares of the company’s stock after acquiring an additional 35,955 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Fidelis Insurance were worth $53,950,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Focus Partners Wealth purchased a new stake in shares of Fidelis Insurance during the third quarter worth about $77,000. Tower Research Capital LLC TRC lifted its stake in Fidelis Insurance by 58.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,786 shares of the company’s stock valued at $129,000 after buying an additional 2,885 shares in the last quarter. First Trust Advisors LP acquired a new stake in Fidelis Insurance in the 2nd quarter worth about $169,000. Quadrant Capital Group LLC purchased a new stake in Fidelis Insurance during the 3rd quarter worth approximately $193,000. Finally, State of Wyoming acquired a new position in shares of Fidelis Insurance during the fourth quarter valued at approximately $214,000. Institutional investors and hedge funds own 81.99% of the company’s stock.

Fidelis Insurance Trading Up 0.9%

Shares of Fidelis Insurance stock opened at $25.29 on Friday. The stock has a market cap of $2.44 billion, a P/E ratio of 11.44 and a beta of 0.36. The stock’s 50 day simple moving average is $23.93 and its 200-day simple moving average is $21.24. Fidelis Insurance Holdings Limited has a 1-year low of $14.80 and a 1-year 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 (NYSE:FIHL) last posted its quarterly earnings results 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 during the quarter. Analysts predict that Fidelis Insurance Holdings Limited will post 3.19 EPS 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 issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, June 15th. Fidelis Insurance’s dividend payout ratio is presently 27.15%.

Wall Street Analyst Weigh In

Separately, Barclays boosted their price target on Fidelis Insurance from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.