F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report)'s share price reached a new 52-week low on Friday . The company traded as low as $34.08 and last traded at $34.44, with a volume of 1258221 shares. The stock had previously closed at $36.44.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Stephens restated an "equal weight" rating and set a $47.00 price target on shares of F&G Annuities & Life in a report on Monday, February 24th. Barclays boosted 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.
View Our Latest Report on FG
F&G Annuities & Life Stock Performance
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 company's 50-day moving average price is $42.97 and its 200 day moving average price is $43.26. The stock has a market capitalization of $4.43 billion, a PE ratio of 7.21 and a beta of 1.72.
F&G Annuities & Life (NYSE:FG - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.13). F&G Annuities & Life had a return on equity of 14.14% and a net margin of 11.12%. The company had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.34 billion. On average, equities research analysts expect that F&G Annuities & Life, Inc. will post 5.54 earnings per share for the current fiscal year.
F&G Annuities & Life Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a $0.22 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.88 annualized dividend and a yield of 2.52%. F&G Annuities & Life's payout ratio is 18.14%.
Hedge Funds Weigh In On F&G Annuities & Life
A number of institutional investors have recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new stake in shares of F&G Annuities & Life in the 4th quarter worth about $144,000. Mackenzie Financial Corp bought a new stake in F&G Annuities & Life during the fourth quarter worth about $210,000. Castlekeep Investment Advisors LLC purchased a new stake in F&G Annuities & Life in the fourth quarter worth about $1,717,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in F&G Annuities & Life by 16.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 50,056 shares of the company's stock worth $2,074,000 after purchasing an additional 7,076 shares during the period. Finally, Point72 Asset Management L.P. lifted its holdings in shares of F&G Annuities & Life by 60.6% during the fourth quarter. Point72 Asset Management L.P. now owns 18,713 shares of the company's stock valued at $775,000 after purchasing an additional 7,063 shares during the last quarter. Institutional investors own 95.86% of the company's stock.
About F&G Annuities & Life
(
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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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