20,035 Shares in Fidelis Insurance Holdings Limited (NYSE:FIHL) Acquired by Callan Family Office LLC

Callan Family Office LLC purchased a new stake in Fidelis Insurance Holdings Limited (NYSE:FIHL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 20,035 shares of the company's stock, valued at approximately $363,000.

Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in shares of Fidelis Insurance by 76.4% in the 3rd quarter. Wellington Management Group LLP now owns 3,078,157 shares of the company's stock valued at $55,592,000 after purchasing an additional 1,332,896 shares during the period. Loomis Sayles & Co. L P raised its holdings in Fidelis Insurance by 12.8% in the third quarter. Loomis Sayles & Co. L P now owns 655,565 shares of the company's stock worth $11,839,000 after purchasing an additional 74,445 shares in the last quarter. Geode Capital Management LLC lifted its position in Fidelis Insurance by 7.6% during the third quarter. Geode Capital Management LLC now owns 627,616 shares of the company's stock valued at $11,335,000 after buying an additional 44,416 shares during the period. Empowered Funds LLC boosted its holdings 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 valued at $7,860,000 after buying an additional 77,851 shares in the last quarter. Finally, Foundry Partners LLC purchased a new stake in shares of Fidelis Insurance in the 3rd quarter worth about $5,065,000. Institutional investors own 81.99% of the company's stock.

Fidelis Insurance Stock Down 1.1 %

FIHL traded down $0.17 during trading on Thursday, hitting $14.50. 827,043 shares of the company's stock traded hands, compared to its average volume of 681,255. Fidelis Insurance Holdings Limited has a 12-month low of $14.17 and a 12-month high of $21.32. The company's 50 day simple moving average is $16.03 and its two-hundred day simple moving average is $17.61. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 3.66 and a beta of 0.61.

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

Fidelis Insurance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Wednesday, March 12th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.40 dividend on an annualized basis and a yield of 2.76%. Fidelis Insurance's dividend payout ratio (DPR) is 42.55%.

Analysts Set New Price Targets

Several research firms recently commented on FIHL. UBS Group boosted their price objective on shares of Fidelis Insurance from $23.00 to $25.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Barclays dropped their price target on Fidelis Insurance from $20.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 20th. Keefe, Bruyette & Woods reduced their price objective on Fidelis Insurance from $25.00 to $22.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. JPMorgan Chase & Co. dropped their target price on Fidelis Insurance from $21.00 to $20.00 and set a "neutral" rating on the stock in a report on Friday, January 3rd. Finally, The Goldman Sachs Group reissued a "sell" rating and issued a $16.00 target price (down from $21.00) on shares of Fidelis Insurance in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $20.57.

Fidelis Insurance Company 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.