Fidelis InsuranceFIHL
Market Cap: $2.08B
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 Q2 SEC filings by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
50% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 32
9% more funds holding
Funds holding: 107 [Q1] → 117 (+10) [Q2]
0.05% more ownership
Funds ownership: 64.9% [Q1] → 64.96% (+0.05%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
17% less capital invested
Capital invested by funds: $1.49B [Q1] → $1.24B (-$249M) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Goldman Sachs Robert Cox 33% 1-year accuracy 1 / 3 met price target | 3%upside $18.50 | Neutral Initiated | 17 Sept 2024 |
Barclays Alex Scott 70% 1-year accuracy 26 / 37 met price target | 17%upside $21 | Equal-Weight Initiated | 4 Sept 2024 |
Keefe, Bruyette & Woods Meyer Shields 74% 1-year accuracy 58 / 78 met price target | 34%upside $24 | Outperform Maintained | 16 Aug 2024 |
JMP Securities Matthew Carletti 73% 1-year accuracy 43 / 59 met price target | 34%upside $24 | Market Outperform Reiterated | 16 Aug 2024 |
Evercore ISI Group David Motemaden 60% 1-year accuracy 6 / 10 met price target | 6%upside $19 | In-Line Initiated | 17 Jul 2024 |