F&G Annuities & Life, Inc. (NYSE:FG) Shares Acquired by Strs Ohio

Strs Ohio increased its holdings in F&G Annuities & Life, Inc. (NYSE:FG) by 30.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,000 shares of the company’s stock after buying an additional 3,300 shares during the period. Strs Ohio’s holdings in F&G Annuities & Life were worth $644,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FG. Vanguard Group Inc. lifted its stake in shares of F&G Annuities & Life by 41.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,457,972 shares of the company’s stock worth $40,911,000 after acquiring an additional 427,640 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of F&G Annuities & Life by 29.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 184,895 shares of the company’s stock valued at $5,188,000 after acquiring an additional 42,340 shares during the period. Allen Investment Management LLC acquired a new position in F&G Annuities & Life in the 3rd quarter valued at approximately $923,000. Panagora Asset Management Inc. increased its stake in F&G Annuities & Life by 43.4% in the 3rd quarter. Panagora Asset Management Inc. now owns 60,981 shares of the company’s stock valued at $1,711,000 after buying an additional 18,461 shares during the period. Finally, Jump Financial LLC acquired a new position in F&G Annuities & Life in the 3rd quarter valued at approximately $505,000. 95.86% of the stock is owned by institutional investors and hedge funds.

F&G Annuities & Life Stock Up 1.3 %

F&G Annuities & Life stock opened at $39.15 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.21 and a current ratio of 0.21. The firm has a market cap of $4.94 billion, a PE ratio of -81.56 and a beta of 1.21. F&G Annuities & Life, Inc. has a twelve month low of $14.76 and a twelve month high of $48.71. The firm’s 50 day moving average price is $38.75 and its two-hundred day moving average price is $40.03.

F&G Annuities & Life (NYSE:FG) last posted its earnings results on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.42). The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.18 billion. F&G Annuities & Life had a positive return on equity of 12.33% and a negative net margin of 1.29%. On average, research analysts predict that F&G Annuities & Life, Inc. will post 4.38 EPS for the current fiscal year.

F&G Annuities & Life Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Thursday, March 14th. F&G Annuities & Life’s dividend payout ratio is currently -175.00%.

About F&G Annuities & Life

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.