Fidelis Insurance Holdings Limited (NYSE:FIHL) Shares Bought by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P increased its holdings in shares of Fidelis Insurance Holdings Limited (NYSE:FIHL - Free Report) by 12.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 655,565 shares of the company's stock after acquiring an additional 74,445 shares during the quarter. Loomis Sayles & Co. L P owned about 0.56% of Fidelis Insurance worth $11,839,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cambridge Trust Co. acquired a new position in Fidelis Insurance during the first quarter worth about $58,000. California State Teachers Retirement System boosted its position in Fidelis Insurance by 144.4% during the first quarter. California State Teachers Retirement System now owns 6,103 shares of the company's stock worth $119,000 after acquiring an additional 3,606 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Fidelis Insurance during the second quarter worth about $140,000. Virtu Financial LLC purchased a new position in Fidelis Insurance during the first quarter worth about $247,000. Finally, Summit Global Investments purchased a new position in Fidelis Insurance during the third quarter worth about $238,000. 81.99% of the stock is currently owned by institutional investors and hedge funds.

Fidelis Insurance Stock Up 0.4 %

Shares of FIHL stock traded up $0.08 during trading on Wednesday, reaching $20.66. The company's stock had a trading volume of 777,659 shares, compared to its average volume of 570,210. 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 company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 5.20 and a beta of -0.01. The stock's 50-day moving average price is $18.32 and its 200 day moving average price is $17.57. Fidelis Insurance Holdings Limited has a 1-year low of $11.55 and a 1-year high of $21.32.

Fidelis Insurance Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, November 29th. Fidelis Insurance's dividend payout ratio (DPR) is currently 10.10%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FIHL shares. Keefe, Bruyette & Woods lifted their target price on shares of Fidelis Insurance from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Thursday, November 14th. JMP Securities reaffirmed a "market outperform" rating and set a $24.00 target price on shares of Fidelis Insurance in a research note on Friday, August 16th. Barclays began coverage on shares of Fidelis Insurance in a research note on Wednesday, September 4th. They set an "equal weight" rating and a $21.00 target price on the stock. Finally, The Goldman Sachs Group began coverage on shares of Fidelis Insurance in a research note on Tuesday, September 17th. They issued a "neutral" rating and a $18.50 price target on the stock. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $20.69.

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.