F&G Annuities & Life (NYSE:FG - Get Free Report)'s stock had its "equal weight" rating reissued by analysts at Stephens in a research note issued to investors on Monday,Benzinga reports. They currently have a $47.00 price objective on the stock. Stephens' target price would indicate a potential upside of 13.35% from the company's previous close.
Separately, Barclays raised 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.
View Our Latest Stock Report on F&G Annuities & Life
F&G Annuities & Life Price Performance
F&G Annuities & Life stock traded down $0.43 during midday trading on Monday, reaching $41.47. 62,055 shares of the company were exchanged, compared to its average volume of 76,851. The firm's 50-day simple moving average is $43.27 and its 200-day simple moving average is $43.35. F&G Annuities & Life has a 1 year low of $34.90 and a 1 year high of $50.75. The company has a market capitalization of $5.23 billion, a price-to-earnings ratio of 8.55 and a beta of 1.65. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.25 and a current ratio of 0.25.
F&G Annuities & Life (NYSE:FG - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $1.12 earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.34 billion. On average, analysts anticipate that F&G Annuities & Life will post 5.54 EPS for the current year.
Institutional Trading of F&G Annuities & Life
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. grew its stake 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 worth $25,000 after buying an additional 527 shares during the period. Federated Hermes Inc. boosted its position in F&G Annuities & Life by 476.6% during the 4th 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 F&G Annuities & Life in the 4th quarter valued at $114,000. Ameriflex Group Inc. purchased a new position in F&G Annuities & Life in the fourth quarter valued at about $144,000. Finally, AlphaQuest LLC lifted its stake 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 in the last quarter. Institutional investors and hedge funds 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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