Fidelis Insurance (FIHL)

• Market cap: $1.86B
• 1 day: -0.42%
• 5 days: 4.26%
• 1 month: -8.58%
• 3 months: -7.51%
• 6 months: -6.31%
• Year to date: -7.51%
• 1 year: 33.15%
• 5 years: 28.91%
• 10 years: 28.91%

About: Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.

Employees: 77

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 21

12% more capital invested

Capital invested by funds: $1.26B [Q2] → $1.41B (+$147M) [Q3]

7% more funds holding

Funds holding: 117 [Q2] → 125 (+8) [Q3]

0.6% more ownership

Funds ownership: 66.08% [Q2] → 66.68% (+0.6%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 41

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $16 4% downside
• Avg. target: $20 22% upside
• High target: $25 50% upside

4 analyst ratings

• positive: 1 25%
• neutral: 2 50%
• negative: 1 25%

Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target	50% upside $25	Outperform Maintained	10 Jan 2025
Goldman Sachs Robert Cox 0% 1-year accuracy 0 / 2 met price target	4% downside $16	Sell Downgraded	8 Jan 2025
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target	20% upside $20	Equal-Weight Maintained	6 Jan 2025
JP Morgan Pablo Singzon 100% 1-year accuracy 2 / 2 met price target	20% upside $20	Neutral Maintained	3 Jan 2025