Brave Warrior Advisors LLC lowered its holdings in F&G Annuities & Life, Inc. (NYSE:FG - Free Report) by 7.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,217,094 shares of the company's stock after selling 472,822 shares during the period. F&G Annuities & Life makes up 6.8% of Brave Warrior Advisors LLC's portfolio, making the stock its 7th biggest position. Brave Warrior Advisors LLC owned about 4.95% of F&G Annuities & Life worth $285,986,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the business. CVA Family Office LLC purchased a new position in F&G Annuities & Life during the fourth quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC grew its holdings in shares of 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 valued at $42,000 after acquiring an additional 1,205 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of F&G Annuities & Life in the fourth quarter worth $55,000. ORG Partners LLC purchased a new stake in shares of F&G Annuities & Life during the fourth quarter worth $130,000. Finally, Corton Capital Inc. acquired a new stake in F&G Annuities & Life during the third quarter valued at $202,000. Institutional investors and hedge funds own 95.86% of the company's stock.
F&G Annuities & Life Stock Performance
Shares of FG stock opened at $37.64 on Friday. The firm has a market cap of $4.75 billion, a P/E ratio of 19.20 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.21 and a quick ratio of 0.21. F&G Annuities & Life, Inc. has a fifty-two week low of $20.47 and a fifty-two week high of $48.71. The stock's 50-day moving average is $39.32 and its two-hundred day moving average is $41.47.
F&G Annuities & Life (NYSE:FG - Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.86 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.03). The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.21 billion. F&G Annuities & Life had a return on equity of 13.22% and a net margin of 4.85%. Analysts predict that F&G Annuities & Life, Inc. will post 4.3 earnings per share for the current fiscal year.
F&G Annuities & Life Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date is Friday, June 14th. F&G Annuities & Life's dividend payout ratio is presently 42.86%.
F&G Annuities & Life Profile
(Free Report)
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.
See Also
- Energy and Oil Stocks Explained
- How Can Investors Benefit From After-Hours Trading
- The FOMC Decision Means Higher Prices for Stocks This Summer
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Here's Why Analysts Boosted Walmart Stock's Valuation
→ The Key to this $10 Trillion Tech Boom (From Porter & Company) (Ad)
Before you consider F&G Annuities & Life, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and F&G Annuities & Life wasn't on the list.
While F&G Annuities & Life currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
