F&G Annuities & Life, Inc. (NYSE:FG) Director Celina J. Wang Doka Acquires 3,000 Shares

F&G Annuities & Life, Inc. (NYSE:FG - Get Free Report) Director Celina J. Wang Doka bought 3,000 shares of the business's stock in a transaction on Tuesday, March 25th. The stock was bought at an average cost of $35.24 per share, with a total value of $105,720.00. Following the completion of the purchase, the director now directly owns 20,875 shares in the company, valued at approximately $735,635. The trade was a 16.78 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

F&G Annuities & Life Trading Down 2.2 %

FG traded down $0.81 on Friday, hitting $35.18. The company had a trading volume of 584,215 shares, compared to its average volume of 100,286. The company's fifty day moving average price is $42.30 and its 200 day moving average price is $43.08. F&G Annuities & Life, Inc. has a 1 year low of $34.08 and a 1 year high of $50.75. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.46. The firm has a market cap of $4.46 billion, a P/E ratio of 7.25 and a beta of 1.72.

F&G Annuities & Life (NYSE:FG - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.25 by ($0.13). The company had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.34 billion. F&G Annuities & Life had a net margin of 11.12% and a return on equity of 14.14%. As a group, equities analysts expect that F&G Annuities & Life, Inc. will post 5.54 earnings per share for the current year.

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F&G Annuities & Life Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date is Monday, March 17th. F&G Annuities & Life's dividend payout ratio (DPR) is 18.14%.

Institutional Investors Weigh In On F&G Annuities & Life

Institutional investors have recently modified their holdings of the company. Federated Hermes Inc. boosted its holdings in F&G Annuities & Life by 476.6% during the 4th quarter. Federated Hermes Inc. now owns 888 shares of the company's stock valued at $37,000 after acquiring an additional 734 shares during the period. Blue Trust Inc. boosted its stake in shares of F&G Annuities & Life by 59.6% in the fourth quarter. Blue Trust Inc. now owns 902 shares of the company's stock valued at $40,000 after purchasing an additional 337 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of F&G Annuities & Life in the fourth quarter valued at approximately $114,000. Ameriflex Group Inc. purchased a new stake in F&G Annuities & Life during the 4th quarter worth approximately $144,000. Finally, AlphaQuest LLC lifted its holdings in F&G Annuities & Life by 314,200.0% during the 4th quarter. AlphaQuest LLC now owns 3,143 shares of the company's stock worth $130,000 after buying an additional 3,142 shares in the last quarter. 95.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on FG shares. Stephens reiterated an "equal weight" rating and issued a $47.00 target price on shares of F&G Annuities & Life in a report on Monday, February 24th. Barclays upped their price objective on F&G Annuities & Life from $46.00 to $47.00 and gave the company an "equal weight" rating in a report 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.