F&G Annuities & Life, Inc. (NYSE:FG) Short Interest Up 5.4% in January

F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 340,200 shares, a growth of 5.4% from the January 15th total of 322,900 shares. Currently, 0.3% of the company's shares are short sold. Based on an average daily trading volume, of 63,800 shares, the days-to-cover ratio is currently 5.3 days.

Institutional Investors Weigh In On F&G Annuities & Life

Hedge funds have recently modified their holdings of the business. Blue Trust Inc. raised its position in shares of F&G Annuities & Life by 1,386.8% during the third quarter. Blue Trust Inc. now owns 565 shares of the company's stock worth $25,000 after purchasing an additional 527 shares during the period. Federated Hermes Inc. raised 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 purchasing an additional 734 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of F&G Annuities & Life during the fourth quarter worth about $114,000. AlphaQuest LLC raised its position in shares of F&G Annuities & Life by 314,200.0% during the fourth quarter. AlphaQuest LLC now owns 3,143 shares of the company's stock worth $130,000 after purchasing an additional 3,142 shares during the period. Finally, Iron Horse Wealth Management LLC raised its position in shares of F&G Annuities & Life by 10.7% during the third quarter. Iron Horse Wealth Management LLC now owns 3,235 shares of the company's stock worth $145,000 after purchasing an additional 312 shares during the period. Institutional investors and hedge funds own 95.86% of the company's stock.

F&G Annuities & Life Trading Down 9.0 %

NYSE:FG traded down $3.94 during mid-day trading on Friday, hitting $40.08. The company had a trading volume of 187,343 shares, compared to its average volume of 74,469. F&G Annuities & Life has a fifty-two week low of $34.90 and a fifty-two week high of $50.75. The business's fifty day moving average is $43.37 and its two-hundred day moving average is $43.27. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.25 and a current ratio of 0.25. The firm has a market cap of $5.05 billion, a P/E ratio of -667.89 and a beta of 1.66.

F&G Annuities & Life (NYSE:FG - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $1.12 EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($0.13). The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.34 billion. F&G Annuities & Life had a return on equity of 13.05% and a net margin of 0.22%. As a group, research analysts expect that F&G Annuities & Life will post 4.43 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Barclays increased their target price on F&G Annuities & Life from $46.00 to $47.00 and gave the company an "equal weight" rating in a research note on Monday, January 6th.

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.