Free Trial

F&G Annuities & Life (NYSE:FG) Sees Unusually-High Trading Volume - Here's Why

F&G Annuities & Life logo with Finance background

Shares of F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 90,449 shares traded hands during mid-day trading, an increase of 37% from the previous session's volume of 66,260 shares.The stock last traded at $43.79 and had previously closed at $44.10.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on FG

F&G Annuities & Life Stock Up 0.7 %

The company has a debt-to-equity ratio of 0.46, a current ratio of 0.25 and a quick ratio of 0.25. The company has a market capitalization of $5.90 billion, a PE ratio of -778.70 and a beta of 1.65. The business has a 50-day moving average of $43.39 and a 200 day moving average of $43.03.

Institutional Investors Weigh In On F&G Annuities & Life

A number of hedge funds have recently made changes to their positions in FG. Blue Trust Inc. raised its position in F&G Annuities & Life by 1,386.8% during the third quarter. Blue Trust Inc. now owns 565 shares of the company's stock valued at $25,000 after purchasing an additional 527 shares during the period. AlphaQuest LLC raised its position in F&G Annuities & Life by 314,200.0% during the fourth quarter. AlphaQuest LLC now owns 3,143 shares of the company's stock valued at $130,000 after purchasing an additional 3,142 shares during the period. Iron Horse Wealth Management LLC raised its position in 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 valued at $145,000 after purchasing an additional 312 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in F&G Annuities & Life during the fourth quarter valued at approximately $141,000. Finally, SG Americas Securities LLC purchased a new stake in F&G Annuities & Life during the third quarter valued at approximately $169,000. 95.86% of the stock is currently owned by hedge funds and other institutional investors.

F&G Annuities & Life Company Profile

(Get 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.

Read More

Should You Invest $1,000 in F&G Annuities & Life Right Now?

Before you consider F&G Annuities & Life, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and F&G Annuities & Life wasn't on the list.

While F&G Annuities & Life currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines