FBL Financial Group (NYSE:FFG) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other analysts have also recently commented on FFG. Zacks Investment Research raised shares of FBL Financial Group from a “hold” rating to a “buy” rating and set a $84.00 price target on the stock in a research report on Friday, September 29th. Raymond James Financial raised shares of FBL Financial Group from an “underperform” rating to a “market perform” rating in a research report on Wednesday, August 9th.

Shares of FBL Financial Group (NYSE:FFG) traded down $0.50 on Friday, reaching $74.90. 14,813 shares of the company’s stock were exchanged, compared to its average volume of 19,527. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $1,867.48, a PE ratio of 17.18 and a beta of 0.89. FBL Financial Group has a twelve month low of $59.75 and a twelve month high of $82.60.

FBL Financial Group (NYSE:FFG) last issued its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.03 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.09). The firm 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 business’s revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $1.20 EPS. research analysts forecast that FBL Financial Group will post 4.35 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in FFG. Victory Capital Management Inc. boosted its position in shares of FBL Financial Group by 9.4% during the 3rd quarter. Victory Capital Management Inc. now owns 677,344 shares of the financial services provider’s stock worth $50,462,000 after purchasing an additional 58,034 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of FBL Financial Group by 6.2% during the 1st quarter. Vanguard Group Inc. now owns 859,699 shares of the financial services provider’s stock worth $56,268,000 after purchasing an additional 50,460 shares in the last quarter. Shell Asset Management Co. bought a new position in shares of FBL Financial Group during the 3rd quarter worth about $2,064,000. Renaissance Technologies LLC boosted its position in shares of FBL Financial Group by 162.9% during the 1st quarter. Renaissance Technologies LLC now owns 71,500 shares of the financial services provider’s stock worth $4,680,000 after purchasing an additional 44,300 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of FBL Financial Group by 55.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 74,402 shares of the financial services provider’s stock worth $4,576,000 after purchasing an additional 26,440 shares in the last quarter. 27.74% of the stock is currently owned by institutional investors.

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FBL Financial Group Company Profile

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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