Nuveen LLC bought a new stake in shares of F&G Annuities & Life, Inc. (NYSE:FG - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 194,608 shares of the company's stock, valued at approximately $7,016,000. Nuveen LLC owned 0.14% of F&G Annuities & Life as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new stake in F&G Annuities & Life during the 4th quarter valued at $114,000. Ameriflex Group Inc. acquired a new stake in F&G Annuities & Life during the 4th quarter valued at $144,000. Iron Horse Wealth Management LLC grew its holdings in shares of F&G Annuities & Life by 9.5% during the 1st quarter. Iron Horse Wealth Management LLC now owns 4,679 shares of the company's stock valued at $169,000 after acquiring an additional 404 shares in the last quarter. US Bancorp DE grew its holdings in shares of F&G Annuities & Life by 19.9% during the 1st quarter. US Bancorp DE now owns 4,716 shares of the company's stock valued at $170,000 after acquiring an additional 784 shares in the last quarter. Finally, Mackenzie Financial Corp purchased a new position in shares of F&G Annuities & Life during the 4th quarter valued at $210,000. 95.86% of the stock is owned by institutional investors and hedge funds.
F&G Annuities & Life Stock Up 0.5%
NYSE:FG traded up $0.16 during trading hours on Friday, reaching $34.53. The company's stock had a trading volume of 97,991 shares, compared to its average volume of 179,856. The company has a market cap of $4.65 billion, a price-to-earnings ratio of 13.93 and a beta of 1.55. F&G Annuities & Life, Inc. has a one year low of $30.01 and a one year high of $50.75. The business's 50-day moving average is $32.66 and its 200-day moving average is $34.81. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.26 and a quick ratio of 0.26.
F&G Annuities & Life (NYSE:FG - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.13. The firm had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $1.35 billion. F&G Annuities & Life had a net margin of 6.45% and a return on equity of 11.51%. Equities research analysts predict that F&G Annuities & Life, Inc. will post 5.54 EPS for the current year.
F&G Annuities & Life Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be issued a $0.22 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.88 dividend on an annualized basis and a yield of 2.5%. F&G Annuities & Life's dividend payout ratio is currently 35.48%.
Wall Street Analysts Forecast Growth
FG has been the topic of several research analyst reports. Wall Street Zen upgraded shares of F&G Annuities & Life from a "hold" rating to a "buy" rating in a report on Wednesday, August 13th. Barclays boosted their price target on shares of F&G Annuities & Life from $37.00 to $40.00 and gave the company an "equal weight" rating in a report on Thursday, August 7th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, F&G Annuities & Life currently has an average rating of "Hold" and a consensus price target of $44.33.
View Our Latest Analysis on F&G Annuities & Life
F&G Annuities & Life Company Profile
(
Free Report)
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.
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