Dimensional Fund Advisors LP Has $12.28 Million Stock Position in F&G Annuities & Life, Inc. (NYSE:FG)

Dimensional Fund Advisors LP lifted its stake in F&G Annuities & Life, Inc. (NYSE:FG - Free Report) by 25.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 322,714 shares of the company's stock after buying an additional 64,669 shares during the period. Dimensional Fund Advisors LP owned approximately 0.26% of F&G Annuities & Life worth $12,282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in FG. American Century Companies Inc. increased its stake in F&G Annuities & Life by 218.2% in the second quarter. American Century Companies Inc. now owns 118,592 shares of the company's stock valued at $4,512,000 after acquiring an additional 81,328 shares during the last quarter. Vanguard Group Inc. grew its position in F&G Annuities & Life by 1.1% in the first quarter. Vanguard Group Inc. now owns 1,878,492 shares of the company's stock valued at $76,173,000 after acquiring an additional 21,253 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in F&G Annuities & Life by 258.2% during the first quarter. State Board of Administration of Florida Retirement System now owns 19,270 shares of the company's stock worth $781,000 after acquiring an additional 13,890 shares in the last quarter. Jupiter Asset Management Ltd. bought a new position in shares of F&G Annuities & Life in the first quarter worth about $510,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of F&G Annuities & Life in the 2nd quarter valued at approximately $215,000. Institutional investors and hedge funds own 95.86% of the company's stock.

F&G Annuities & Life Trading Down 1.4 %

FG traded down $0.62 during trading on Monday, reaching $42.66. 39,080 shares of the company's stock were exchanged, compared to its average volume of 92,459. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.54. F&G Annuities & Life, Inc. has a one year low of $27.90 and a one year high of $48.71. The firm has a fifty day moving average price of $41.49 and a two-hundred day moving average price of $40.37. The stock has a market capitalization of $5.38 billion, a PE ratio of 21.76 and a beta of 1.20.

F&G Annuities & Life (NYSE:FG - Get Free Report) last announced its earnings results on Monday, August 5th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.12. F&G Annuities & Life had a return on equity of 13.94% and a net margin of 6.25%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.36 billion. As a group, equities research analysts forecast that F&G Annuities & Life, Inc. will post 4.32 earnings per share for the current fiscal year.

F&G Annuities & Life Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a dividend of $0.21 per share. The ex-dividend date was Monday, September 16th. This represents a $0.84 annualized dividend and a yield of 1.97%. F&G Annuities & Life's payout ratio is 42.86%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FG. Barclays started coverage on shares of F&G Annuities & Life in a research note on Wednesday, September 4th. They issued an "equal weight" rating and a $45.00 price objective for the company. Piper Sandler increased their price target on F&G Annuities & Life from $40.00 to $46.00 and gave the company a "neutral" rating in a research note on Wednesday, October 2nd.

F&G Annuities & Life Profile

F&G Annuities & Life, Inc provides fixed annuities and life insurance products in the United States. The company portfolio includes fixed indexed annuities, multi-year guarantee annuities, and pension risk transfer solution, as well as indexed universal life insurance, institutional funding agreements, and index-linked annuities.