SG Americas Securities LLC Grows Stake in F&G Annuities & Life, Inc. (NYSE:FG)

SG Americas Securities LLC boosted its stake in shares of F&G Annuities & Life, Inc. (NYSE:FG) by 45.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,516 shares of the company’s stock after buying an additional 1,728 shares during the period. SG Americas Securities LLC’s holdings in F&G Annuities & Life were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its stake in F&G Annuities & Life by 23.1% in 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 in the last quarter. JPMorgan Chase & Co. grew its holdings in F&G Annuities & Life by 63.5% in the third quarter. JPMorgan Chase & Co. now owns 45,952 shares of the company’s stock valued at $2,055,000 after purchasing an additional 17,845 shares during the period. Barclays PLC lifted its holdings in F&G Annuities & Life by 527.8% during the third quarter. Barclays PLC now owns 42,524 shares of the company’s stock valued at $1,902,000 after purchasing an additional 35,750 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in F&G Annuities & Life during the 3rd quarter worth approximately $521,000. Finally, Geode Capital Management LLC boosted its stake in F&G Annuities & Life by 0.9% during the 3rd 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 last quarter. 95.86% of the stock is currently owned by institutional investors.

F&G Annuities & Life Price Performance

Shares of FG opened at $44.11 on Friday. The stock has a market cap of $5.56 billion, a PE ratio of -735.06 and a beta of 1.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.25 and a quick ratio of 0.25. F&G Annuities & Life, Inc. has a 1-year low of $34.90 and a 1-year high of $50.75. The firm has a 50-day simple moving average of $43.50 and a two-hundred day simple moving average of $43.02.

F&G Annuities & Life (NYSE:FG) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.19 by $0.03. F&G Annuities & Life had a net margin of 0.22% and a return on equity of 13.05%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the firm posted $0.96 earnings per share. As a group, analysts forecast that F&G Annuities & Life, Inc. will post 4.43 EPS for the current year.

Analyst Ratings Changes

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

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.