Fidelis Insurance (FIHL)

• Market cap: $1.93B
• 1 day: -3.84%
• 5 days: -2.76%
• 1 month: -14.58%
• 3 months: -5.10%
• 6 months: 6.14%
• Year to date: -3.84%
• 1 year: 41.49%
• 5 years: 34.03%
• 10 years: 34.03%

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)

36% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 22

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

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

• Low target: $20 16% upside
• Avg. target: $23 33% upside
• High target: $26 50% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

JP Morgan Pablo Singzon 100% 1-year accuracy 2 / 2 met price target	16% upside $20	Neutral Maintained	3 Jan 2025
Keefe, Bruyette & Woods Meyer Shields 63% 1-year accuracy 55 / 88 met price target	50% upside $26	Outperform Maintained	14 Nov 2024