F&G Annuities & Life, Inc. (NYSE:FG) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of F&G Annuities & Life, Inc. (NYSE:FG - Free Report) by 11.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 413,202 shares of the company's stock after purchasing an additional 42,081 shares during the period. Dimensional Fund Advisors LP owned 0.33% of F&G Annuities & Life worth $17,123,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in FG. Blue Trust Inc. increased its position in shares of F&G Annuities & Life by 59.6% during the fourth quarter. Blue Trust Inc. now owns 902 shares of the company's stock worth $40,000 after acquiring an additional 337 shares during the period. Rhumbline Advisers increased its position in shares of F&G Annuities & Life by 1.6% during the fourth quarter. Rhumbline Advisers now owns 29,633 shares of the company's stock worth $1,228,000 after acquiring an additional 469 shares during the period. Federated Hermes Inc. increased its position in shares of F&G Annuities & Life by 476.6% during the fourth quarter. Federated Hermes Inc. now owns 888 shares of the company's stock worth $37,000 after acquiring an additional 734 shares during the period. Capital Advisors Wealth Management LLC increased its position in shares of F&G Annuities & Life by 5.0% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 20,319 shares of the company's stock worth $842,000 after acquiring an additional 964 shares during the period. Finally, Iron Horse Wealth Management LLC increased its position in shares of F&G Annuities & Life by 32.1% during the fourth quarter. Iron Horse Wealth Management LLC now owns 4,275 shares of the company's stock worth $177,000 after acquiring an additional 1,040 shares during the period. Institutional investors own 95.86% of the company's stock.

Insider Transactions at F&G Annuities & Life

In related news, CEO Christopher O. Blunt acquired 10,000 shares of F&G Annuities & Life stock in a transaction on Tuesday, March 25th. The stock was acquired at an average price of $35.65 per share, for a total transaction of $356,500.00. Following the purchase, the chief executive officer now owns 839,584 shares of the company's stock, valued at approximately $29,931,169.60. This represents a 1.21% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder National Financial I. Fidelity bought 4,500,000 shares of the stock in a transaction dated Monday, March 24th. The stock was bought at an average price of $33.60 per share, for a total transaction of $151,200,000.00. Following the purchase, the insider now directly owns 110,483,243 shares of the company's stock, valued at approximately $3,712,236,964.80. The trade was a 4.25% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 4,555,000 shares of company stock worth $153,051,470. Company insiders own 1.80% of the company's stock.

F&G Annuities & Life Stock Up 0.4%

NYSE FG traded up $0.12 on Tuesday, hitting $31.55. The stock had a trading volume of 63,570 shares, compared to its average volume of 138,148. The business's fifty day moving average price is $36.09 and its 200 day moving average price is $41.22. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.25 and a quick ratio of 0.25. F&G Annuities & Life, Inc. has a 52-week low of $30.10 and a 52-week high of $50.75. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 6.51 and a beta of 1.84.

F&G Annuities & Life (NYSE:FG - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.47). F&G Annuities & Life had a return on equity of 14.14% and a net margin of 11.12%. The firm had revenue of $2.18 billion during the quarter, compared to analysts' expectations of $1.46 billion. Equities research analysts anticipate that F&G Annuities & Life, Inc. will post 5.54 earnings per share for the current year.

F&G Annuities & Life Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.88 annualized dividend and a dividend yield of 2.79%. F&G Annuities & Life's payout ratio is currently 23.34%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on FG shares. Stephens reissued an "equal weight" rating and set a $47.00 price objective on shares of F&G Annuities & Life in a report on Monday, February 24th. Barclays cut their price objective on shares of F&G Annuities & Life from $41.00 to $40.00 and set an "equal weight" rating on the stock in a report on Thursday, May 8th.

About F&G Annuities & Life

F&G Annuities & Life, Inc engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.