Blue Trust Inc. Acquires 337 Shares of F&G Annuities & Life, Inc. (NYSE:FG)

Blue Trust Inc. grew its position in shares of F&G Annuities & Life, Inc. (NYSE:FG) by 59.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 902 shares of the company’s stock after purchasing an additional 337 shares during the quarter. Blue Trust Inc.’s holdings in F&G Annuities & Life were worth $40,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FG. State Street Corp boosted its position in F&G Annuities & Life by 1.2% during the 3rd quarter. State Street Corp now owns 413,210 shares of the company’s stock worth $18,479,000 after buying an additional 4,910 shares during the period. Geode Capital Management LLC lifted its holdings in shares of F&G Annuities & Life by 0.9% during the third quarter. Geode Capital Management LLC now owns 405,047 shares of the company’s stock worth $18,117,000 after purchasing an additional 3,453 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of F&G Annuities & Life by 5.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 201,582 shares of the company’s stock worth $9,015,000 after purchasing an additional 10,584 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new stake in F&G Annuities & Life in the third quarter valued at $6,369,000. Finally, Principal Financial Group Inc. raised its position in F&G Annuities & Life by 23.1% during the 3rd quarter. Principal Financial Group Inc. now owns 120,336 shares of the company’s stock worth $5,381,000 after purchasing an additional 22,550 shares during the last quarter. 95.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Barclays upped their price target on F&G Annuities & Life from $46.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, January 6th.

F&G Annuities & Life Stock Up 1.7 %

Shares of NYSE:FG opened at $44.84 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.25 and a current ratio of 0.25. F&G Annuities & Life, Inc. has a 52-week low of $34.90 and a 52-week high of $50.75. The business’s 50 day simple moving average is $43.43 and its two-hundred day simple moving average is $43.01. The firm has a market cap of $5.65 billion, a P/E ratio of -747.21 and a beta of 1.66.

About F&G Annuities & Life

F&G Annuities & Life, Inc engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.