Fidelis Insurance Holdings Limited (NYSE:FIHL) Shares Purchased by Uniplan Investment Counsel Inc.

Uniplan Investment Counsel Inc. raised its holdings in Fidelis Insurance Holdings Limited (NYSE:FIHL - Free Report) by 79.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 207,075 shares of the company's stock after acquiring an additional 91,619 shares during the quarter. Uniplan Investment Counsel Inc. owned approximately 0.18% of Fidelis Insurance worth $3,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of FIHL. R Squared Ltd bought a new position in shares of Fidelis Insurance during the 4th quarter worth $26,000. Venturi Wealth Management LLC grew its position in shares of Fidelis Insurance by 1,862.9% during the 4th quarter. Venturi Wealth Management LLC now owns 6,144 shares of the company's stock worth $111,000 after buying an additional 5,831 shares in the last quarter. Fox Run Management L.L.C. bought a new position in shares of Fidelis Insurance during the 4th quarter worth $235,000. XTX Topco Ltd bought a new position in shares of Fidelis Insurance during the 4th quarter worth $277,000. Finally, New York State Common Retirement Fund lifted its stake in shares of Fidelis Insurance by 22.4% during the 4th quarter. New York State Common Retirement Fund now owns 15,311 shares of the company's stock worth $278,000 after purchasing an additional 2,800 shares during the last quarter. Institutional investors own 81.99% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Fidelis Insurance from $22.00 to $20.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. JPMorgan Chase & Co. decreased their price objective on Fidelis Insurance from $19.00 to $18.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. The Goldman Sachs Group restated a "sell" rating and set a $16.00 price objective (down from $21.00) on shares of Fidelis Insurance in a research note on Wednesday, January 8th. UBS Group upped their price objective on Fidelis Insurance from $23.00 to $25.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Finally, Barclays decreased their price objective on Fidelis Insurance from $18.00 to $16.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Fidelis Insurance currently has a consensus rating of "Hold" and a consensus target price of $19.71.

Fidelis Insurance Stock Down 1.8 %

Fidelis Insurance stock traded down $0.29 during midday trading on Friday, reaching $16.18. The company's stock had a trading volume of 393,567 shares, compared to its average volume of 580,320. The stock's 50-day simple moving average is $15.56 and its 200-day simple moving average is $17.10. 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 52-week low of $14.17 and a 52-week high of $21.32. The stock has a market capitalization of $1.81 billion, a P/E ratio of 4.09 and a beta of 0.28.

Fidelis Insurance (NYSE:FIHL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported ($1.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($1.98). Fidelis Insurance had a return on equity of 15.27% and a net margin of 20.17%. The firm had revenue of $685.90 million during the quarter, compared to analysts' expectations of $661.52 million. On average, sell-side analysts expect that Fidelis Insurance Holdings Limited will post 3.12 EPS for the current year.

Fidelis Insurance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Wednesday, March 12th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend was Wednesday, March 12th. Fidelis Insurance's payout ratio is 42.55%.

Fidelis Insurance Profile

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.