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

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

F&G Annuities & Life Trading Up 1.8 %

NYSE FG opened at $35.75 on Thursday. The firm has a market cap of $4.53 billion, a P/E ratio of 7.37 and a beta of 1.72. F&G Annuities & Life, Inc. has a one year low of $34.08 and a one year high of $50.75. 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 stock’s 50-day moving average is $42.61 and its 200-day moving average is $43.13.

F&G Annuities & Life (NYSE:FG) last posted its quarterly earnings data 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). F&G Annuities & Life had a return on equity of 14.14% and a net margin of 11.12%. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.34 billion. Sell-side analysts anticipate that F&G Annuities & Life, Inc. will post 5.54 earnings per share for the current fiscal year.

F&G Annuities & Life Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.88 annualized dividend and a yield of 2.46%. F&G Annuities & Life’s payout ratio is presently 18.14%.

Institutional Investors Weigh In On F&G Annuities & Life

Several large investors have recently made changes to their positions in FG. JPMorgan Chase & Co. lifted its position in shares of F&G Annuities & Life by 63.5% in the third quarter. JPMorgan Chase & Co. now owns 45,952 shares of the company’s stock valued at $2,055,000 after buying an additional 17,845 shares during the last quarter. Barclays PLC increased its stake in F&G Annuities & Life by 527.8% during the 3rd quarter. Barclays PLC now owns 42,524 shares of the company’s stock worth $1,902,000 after acquiring an additional 35,750 shares during the period. Principal Financial Group Inc. increased its position in shares of F&G Annuities & Life by 23.1% in the third quarter. Principal Financial Group Inc. now owns 120,336 shares of the company’s stock worth $5,381,000 after purchasing an additional 22,550 shares during the period. Point72 Asset Management L.P. bought a new position in F&G Annuities & Life in the 3rd quarter valued at about $521,000. Finally, Kelly Financial Group LLC bought a new position in F&G Annuities & Life in the fourth quarter valued at approximately $4,144,000. Institutional investors and hedge funds own 95.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Barclays boosted their target price on shares of 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. Stephens reiterated an “equal weight” rating and issued a $47.00 price objective on shares of F&G Annuities & Life in a report on Monday, February 24th.

F&G Annuities & Life Company 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.