F&G Annuities & Life, Inc. (NYSE:FG) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in shares of F&G Annuities & Life, Inc. (NYSE:FG) by 12.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,842 shares of the company’s stock after selling 806 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in F&G Annuities & Life were worth $269,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. CVA Family Office LLC purchased a new stake in F&G Annuities & Life during the 4th quarter worth approximately $25,000. Cary Street Partners Investment Advisory LLC grew its position in shares of F&G Annuities & Life by 436.6% during the third 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. International Assets Investment Management LLC bought a new stake in shares of F&G Annuities & Life in the fourth quarter worth $55,000. ORG Partners LLC acquired a new stake in F&G Annuities & Life in the fourth quarter valued at $130,000. Finally, Corton Capital Inc. bought a new position in F&G Annuities & Life during the 3rd quarter valued at $202,000. Institutional investors and hedge funds own 95.86% of the company’s stock.

F&G Annuities & Life Price Performance

Shares of FG stock opened at $39.90 on Monday. The firm has a fifty day moving average of $38.39 and a two-hundred day moving average of $40.45. The firm has a market cap of $5.03 billion, a P/E ratio of -83.12 and a beta of 1.32. F&G Annuities & Life, Inc. has a 1-year low of $14.76 and a 1-year high of $48.71. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.21 and a quick ratio of 0.21.

F&G Annuities & Life (NYSE:FG) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.42). The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates 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%. As a group, research analysts anticipate that F&G Annuities & Life, Inc. will post 4.38 earnings per share for the current fiscal year.

F&G Annuities & Life Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.11%. The ex-dividend date was Thursday, March 14th. F&G Annuities & Life’s dividend payout ratio is currently -175.00%.

About F&G Annuities & Life

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.