Fidelis Insurance Holdings Limited: Patience May Be Rewarded Amidst Current Valuation.

Fidelis Insurance Holdings Limited shares have gained 10% over the past year, but have pulled back 5% from their highs. Despite this, the company's valuation suggests patience will be rewarded. Shares were downgraded to "hold" by a brokerage firm, citing a lack of growth drivers in the insurance industry. However, the company's strong capital position and attractive valuation suggest potential long-term upside.