130,074 Shares in F&G Annuities & Life, Inc. (NYSE:FG) Purchased by Fisher Funds Management LTD

Fisher Funds Management LTD acquired a new stake in F&G Annuities & Life, Inc. (NYSE:FG - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 130,074 shares of the company's stock, valued at approximately $5,421,000. Fisher Funds Management LTD owned about 0.10% of F&G Annuities & Life as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of FG. Blue Trust Inc. increased 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 valued at $25,000 after acquiring an additional 527 shares during the last quarter. Iron Horse Wealth Management LLC grew its stake in F&G Annuities & Life by 32.1% in the 4th 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 period. GSA Capital Partners LLP purchased a new stake in shares of F&G Annuities & Life during the 3rd quarter valued at $231,000. SG Americas Securities LLC raised its stake 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 worth $229,000 after purchasing an additional 1,728 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of F&G Annuities & Life by 34.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 7,580 shares of the company's stock worth $339,000 after buying an additional 1,937 shares during the last quarter. Institutional investors own 95.86% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on FG. Barclays raised their price objective on shares of 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. Stephens restated an "equal weight" rating and set a $47.00 price target on shares of F&G Annuities & Life in a research note on Monday.

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F&G Annuities & Life Stock Performance

Shares of FG stock traded up $0.42 on Wednesday, hitting $41.63. 70,310 shares of the stock were exchanged, compared to its average volume of 77,252. The firm's 50 day moving average is $43.25 and its two-hundred day moving average is $43.38. F&G Annuities & Life, Inc. has a one year low of $34.90 and a one year high of $50.75. The firm has a market capitalization of $5.25 billion, a PE ratio of 8.58 and a beta of 1.65. 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 (NYSE:FG - Get Free Report) last issued its earnings results 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). The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.34 billion. F&G Annuities & Life had a return on equity of 14.14% and a net margin of 11.12%. Sell-side analysts expect that F&G Annuities & Life, Inc. will post 5.54 earnings per share for the current fiscal year.

F&G Annuities & Life Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.11%. The ex-dividend date is Monday, March 17th. F&G Annuities & Life's dividend payout ratio is 18.14%.

F&G Annuities & Life Profile

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.