ORG Partners LLC Purchases New Shares in F&G Annuities & Life, Inc. (NYSE:FG)

ORG Partners LLC bought a new stake in shares of F&G Annuities & Life, Inc. (NYSE:FG) in the 4th quarter, HoldingsChannel reports. The fund bought 2,824 shares of the company’s stock, valued at approximately $130,000.

Several other large investors have also recently made changes to their positions in FG. CVA Family Office LLC purchased a new stake in shares of F&G Annuities & Life during the 4th quarter valued at $25,000. Chilton Capital Management LLC bought a new position in shares of F&G Annuities & Life during the 1st quarter worth $29,000. Acadian Asset Management LLC bought a new position in shares of F&G Annuities & Life during the 1st quarter worth $30,000. Vestcor Inc bought a new position in shares of F&G Annuities & Life during the 4th quarter worth $32,000. Finally, Ameritas Investment Partners Inc. bought a new position in shares of F&G Annuities & Life during the 2nd quarter worth $38,000. 95.86% of the stock is owned by hedge funds and other institutional investors.

F&G Annuities & Life Trading Up 0.5 %

Shares of NYSE FG opened at $36.71 on Monday. F&G Annuities & Life, Inc. has a 52 week low of $14.76 and a 52 week high of $48.71. The business has a 50-day simple moving average of $40.33 and a two-hundred day simple moving average of $39.53. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.21 and a current ratio of 0.21.

F&G Annuities & Life (NYSE:FG) last issued 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). F&G Annuities & Life had a positive return on equity of 12.33% and a negative net margin of 1.29%. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.18 billion. On average, equities 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 business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.21 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.84 annualized dividend and a yield of 2.29%. F&G Annuities & Life’s dividend payout ratio is currently -175.00%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Piper Sandler assumed coverage on F&G Annuities & Life in a research note on Friday, December 22nd. They set a “neutral” rating and a $48.00 price target for the company. Stephens increased their price target on F&G Annuities & Life from $36.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, December 18th.

F&G Annuities & Life Company 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.