F&G Annuities & Life, Inc. (NYSE:FG) Sees Large Increase in Short Interest

F&G Annuities & Life, Inc. (NYSE:FG) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 584,100 shares, a growth of 16.8% from the March 31st total of 499,900 shares. Based on an average trading volume of 112,300 shares, the days-to-cover ratio is presently 5.2 days. Approximately 0.5% of the company’s stock are short sold.

F&G Annuities & Life Trading Up 1.0 %

FG opened at $39.03 on Monday. The stock has a market capitalization of $4.93 billion, a P/E ratio of -81.31 and a beta of 1.21. F&G Annuities & Life has a 12 month low of $14.76 and a 12 month high of $48.71. The firm’s fifty day simple moving average is $38.75 and its 200 day simple moving average is $40.19. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.57.

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

F&G Annuities & Life Announces Dividend

The business also recently disclosed 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 of this dividend was Thursday, March 14th. This represents a $0.84 annualized dividend and a yield of 2.15%. F&G Annuities & Life’s dividend payout ratio is currently -175.00%.

Institutional Investors Weigh In On F&G Annuities & Life

Institutional investors have recently added to or reduced their stakes in the stock. CVA Family Office LLC bought a new stake in F&G Annuities & Life in the 4th quarter valued at $25,000. International Assets Investment Management LLC bought a new stake in F&G Annuities & Life during the 4th quarter worth about $55,000. Scarborough Advisors LLC bought a new stake in F&G Annuities & Life during the 4th quarter worth about $70,000. Cary Street Partners Investment Advisory LLC lifted its position in F&G Annuities & Life by 436.6% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,481 shares of the company’s stock worth $42,000 after buying an additional 1,205 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in F&G Annuities & Life during the 4th quarter worth about $130,000. 95.86% of the stock is owned by institutional investors.

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.