American Century Companies Inc. Has $9.69 Million Stock Holdings in F&G Annuities & Life, Inc. (NYSE:FG)

American Century Companies Inc. lifted its stake in shares of F&G Annuities & Life, Inc. (NYSE:FG - Free Report) by 31.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 233,900 shares of the company's stock after purchasing an additional 56,073 shares during the quarter. American Century Companies Inc. owned about 0.19% of F&G Annuities & Life worth $9,693,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. lifted its position in F&G Annuities & Life by 59.6% in the fourth quarter. Blue Trust Inc. now owns 902 shares of the company's stock worth $40,000 after purchasing an additional 337 shares during the period. AlphaQuest LLC lifted its holdings in F&G Annuities & Life by 314,200.0% in the 4th quarter. AlphaQuest LLC now owns 3,143 shares of the company's stock valued at $130,000 after acquiring an additional 3,142 shares during the last quarter. US Bancorp DE grew its stake in shares of F&G Annuities & Life by 910.8% in the 4th quarter. US Bancorp DE now owns 3,932 shares of the company's stock worth $163,000 after purchasing an additional 3,543 shares during the last quarter. Iron Horse Wealth Management LLC lifted its stake in 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 valued at $177,000 after purchasing an additional 1,040 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of F&G Annuities & Life by 45.6% during the 4th quarter. SG Americas Securities LLC now owns 5,516 shares of the company's stock valued at $229,000 after acquiring an additional 1,728 shares during the last quarter. 95.86% of the stock is currently owned by institutional investors.

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F&G Annuities & Life Stock Up 2.5 %

NYSE:FG traded up $0.85 during trading hours on Monday, hitting $35.00. 831,192 shares of the stock traded hands, compared to its average volume of 116,379. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 7.22 and a beta of 1.83. The firm has a 50 day moving average price of $41.34 and a 200 day moving average price of $42.82. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.46. F&G Annuities & Life, Inc. has a fifty-two week low of $31.69 and a fifty-two week high of $50.75.

F&G Annuities & Life (NYSE:FG - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.13). F&G Annuities & Life had a net margin of 11.12% and a return on equity of 14.14%. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.34 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Monday, March 17th. F&G Annuities & Life's dividend payout ratio is currently 18.14%.

Analyst Upgrades and Downgrades

FG has been the topic of a number of recent analyst reports. Stephens reaffirmed an "equal weight" rating and set a $47.00 target price on shares of F&G Annuities & Life in a research report on Monday, February 24th. Barclays boosted their price objective on F&G Annuities & Life from $46.00 to $47.00 and gave the stock an "equal weight" rating in a report on Monday, January 6th.

Insider Activity at F&G Annuities & Life

In other news, CEO Christopher O. Blunt acquired 10,000 shares of F&G Annuities & Life stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average price of $35.65 per share, with a total value of $356,500.00. Following the completion of the transaction, the chief executive officer now owns 839,584 shares in the company, valued at approximately $29,931,169.60. This trade represents a 1.21 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Michael L. Gravelle bought 7,000 shares of the stock in a transaction on Thursday, March 27th. The stock was purchased at an average price of $36.00 per share, for a total transaction of $252,000.00. Following the purchase, the executive vice president now directly owns 33,540 shares of the company's stock, valued at approximately $1,207,440. This represents a 26.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 4,530,000 shares of company stock valued at $152,273,820. Corporate insiders own 1.80% of the company's stock.

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.