Short Interest in F&G Annuities & Life, Inc. (NYSE:FG) Increases By 12.8%

F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 658,800 shares, an increase of 12.8% from the April 15th total of 584,100 shares. Based on an average daily volume of 104,500 shares, the days-to-cover ratio is presently 6.3 days. Approximately 0.5% of the shares of the stock are short sold.

F&G Annuities & Life Price Performance

FG stock traded up $0.27 during trading on Wednesday, hitting $40.96. 70,862 shares of the stock traded hands, compared to its average volume of 105,959. The stock has a market cap of $5.17 billion, a price-to-earnings ratio of 20.67 and a beta of 1.32. F&G Annuities & Life has a one year low of $17.90 and a one year high of $48.71. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.47. The company has a 50 day simple moving average of $38.71 and a 200 day simple moving average of $41.04.

F&G Annuities & Life (NYSE:FG - Get Free Report) last announced its earnings results on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.42). The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.18 billion. F&G Annuities & Life had a return on equity of 13.22% and a net margin of 4.85%. Equities analysts expect that F&G Annuities & Life will post 4.38 EPS for the current fiscal year.

F&G Annuities & Life Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.05%. F&G Annuities & Life's dividend payout ratio (DPR) is presently 42.86%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. CVA Family Office LLC bought a new stake in shares of F&G Annuities & Life during the fourth quarter worth $25,000. International Assets Investment Management LLC acquired a new position in F&G Annuities & Life during the 4th quarter valued at about $55,000. Scarborough Advisors LLC bought a new position in shares of F&G Annuities & Life in the 4th quarter valued at about $70,000. Cary Street Partners Investment Advisory LLC grew its position in shares of F&G Annuities & Life by 436.6% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,481 shares of the company's stock worth $42,000 after buying an additional 1,205 shares during the period. Finally, ORG Partners LLC bought a new stake in shares of F&G Annuities & Life during the fourth quarter worth approximately $130,000. 95.86% of the stock is owned by institutional investors.

F&G Annuities & Life Company Profile

F&G Annuities & Life, Inc provides fixed annuities and life insurance products in the United States. The company portfolio includes fixed indexed annuities, multi-year guarantee annuities, and pension risk transfer solution, as well as indexed universal life insurance, institutional funding agreements, and index-linked annuities.