FBL Financial Group, Inc. (NYSE:FFG) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

According to Zacks, “FBL FINANCIAL GROUP, INC. is a holding company and hrough its subsidiaries underwrites, markets and distributes life insurance, annuities, property-casualty insurance and mutual funds to individuals and small businesses in 15 midwestern and western states. The Company has exclusive marketing arrangements with the state Farm Bureau Federations in its territory and targets sales to approximately 700,000 Farm Bureau member families and other rural, small town andsuburban residents through an exclusive agency force. The Company offers a full range of life insurance products. “

Several other equities research analysts have also recently issued reports on the stock. ValuEngine upgraded shares of FBL Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, September 13th. Raymond James Financial, Inc. upgraded shares of FBL Financial Group from an “underperform” rating to a “market perform” rating in a research report on Wednesday, August 9th. Finally, BidaskClub upgraded shares of FBL Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th.

FBL Financial Group (NYSE:FFG) traded down $0.15 during trading on Tuesday, hitting $72.70. 26,702 shares of the stock traded hands, compared to its average volume of 26,468. The company has a market capitalization of $1,820.00, a PE ratio of 16.70 and a beta of 0.92. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.03 and a current ratio of 0.03. FBL Financial Group has a 52-week low of $59.75 and a 52-week high of $82.60.

FBL Financial Group (NYSE:FFG) last released its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.09). The company had revenue of $181.56 million for the quarter, compared to the consensus estimate of $184.51 million. FBL Financial Group had a net margin of 15.30% and a return on equity of 8.93%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.20 EPS. sell-side analysts expect that FBL Financial Group will post 4.45 earnings per share for the current fiscal year.

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Several hedge funds have recently bought and sold shares of the stock. Los Angeles Capital Management & Equity Research Inc. grew its holdings in shares of FBL Financial Group by 0.4% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 24,851 shares of the financial services provider’s stock valued at $1,528,000 after purchasing an additional 100 shares in the last quarter. Aperio Group LLC grew its holdings in shares of FBL Financial Group by 1.7% in the second quarter. Aperio Group LLC now owns 11,827 shares of the financial services provider’s stock valued at $727,000 after purchasing an additional 199 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of FBL Financial Group by 1.4% in the second quarter. Alliancebernstein L.P. now owns 14,360 shares of the financial services provider’s stock valued at $883,000 after purchasing an additional 200 shares in the last quarter. American International Group Inc. grew its holdings in shares of FBL Financial Group by 7.2% in the first quarter. American International Group Inc. now owns 6,063 shares of the financial services provider’s stock valued at $397,000 after purchasing an additional 408 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of FBL Financial Group by 1.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 47,390 shares of the financial services provider’s stock valued at $2,915,000 after purchasing an additional 503 shares in the last quarter. 29.01% of the stock is owned by hedge funds and other institutional investors.

About FBL Financial Group

FBL Financial Group, Inc sells individual life insurance and annuity products under the brand name of Farm Bureau Financial Services. The Company’s segments are Annuity Segment, which sells a variety of traditional annuity products; Life Insurance Segment, which sells a range of traditional and universal life insurance products, and Corporate and Other segment, which provides various support operations, corporate capital and other product lines.

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