Arizona State Retirement System Buys Shares of 5,263 F&G Annuities & Life, Inc. (NYSE:FG)

Arizona State Retirement System bought a new stake in shares of F&G Annuities & Life, Inc. (NYSE:FG) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,263 shares of the company’s stock, valued at approximately $242,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. CVA Family Office LLC acquired a new position in F&G Annuities & Life during the 4th quarter valued at about $25,000. Arthur M. Cohen & Associates LLC boosted its holdings in shares of F&G Annuities & Life by 8.3% in the third quarter. Arthur M. Cohen & Associates LLC now owns 13,000 shares of the company’s stock valued at $365,000 after acquiring an additional 1,000 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in F&G Annuities & Life by 21.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,648 shares of the company’s stock worth $187,000 after purchasing an additional 1,190 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of F&G Annuities & Life by 436.6% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,481 shares of the company’s stock worth $42,000 after purchasing an additional 1,205 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in F&G Annuities & Life by 17.3% during the third quarter. Deutsche Bank AG now owns 9,124 shares of the company’s stock valued at $256,000 after purchasing an additional 1,343 shares during the last quarter. 95.86% of the stock is owned by institutional investors and hedge funds.

F&G Annuities & Life Trading Up 4.0 %

F&G Annuities & Life stock opened at $36.52 on Monday. The firm has a market cap of $4.61 billion, a price-to-earnings ratio of -76.08 and a beta of 1.21. F&G Annuities & Life, Inc. has a 1 year low of $14.76 and a 1 year high of $48.71. The firm’s 50 day moving average price is $39.38 and its two-hundred day moving average price is $39.83. 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 released its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.42). The company had revenue of $1.61 billion for 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.21 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.30%. F&G Annuities & Life’s dividend payout ratio (DPR) is -175.00%.

F&G Annuities & Life 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.