Iron Horse Wealth Management LLC Buys 1,040 Shares of F&G Annuities & Life, Inc. (NYSE:FG)

Iron Horse Wealth Management LLC grew its position in F&G Annuities & Life, Inc. (NYSE:FG) by 32.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,275 shares of the company’s stock after acquiring an additional 1,040 shares during the period. Iron Horse Wealth Management LLC’s holdings in F&G Annuities & Life were worth $177,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its stake in shares of F&G Annuities & Life by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 15,088 shares of the company’s stock valued at $574,000 after acquiring an additional 272 shares during the last quarter. Blue Trust Inc. increased its holdings in F&G Annuities & Life by 59.6% in the fourth quarter. Blue Trust Inc. now owns 902 shares of the company’s stock valued at $40,000 after purchasing an additional 337 shares during the period. Arthur M. Cohen & Associates LLC raised its position in F&G Annuities & Life by 2.1% during the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 34,815 shares of the company’s stock worth $1,468,000 after purchasing an additional 725 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in F&G Annuities & Life by 5.0% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 20,319 shares of the company’s stock worth $842,000 after buying an additional 964 shares during the period. Finally, SG Americas Securities LLC grew its position in shares of F&G Annuities & Life by 45.6% in the 4th quarter. SG Americas Securities LLC now owns 5,516 shares of the company’s stock valued at $229,000 after buying an additional 1,728 shares during the last quarter. Institutional investors and hedge funds own 95.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barclays raised 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 report on Monday, January 6th.

F&G Annuities & Life Trading Down 1.8 %

FG opened at $44.11 on Friday. F&G Annuities & Life, Inc. has a twelve month low of $34.90 and a twelve month high of $50.75. The company has a fifty day moving average of $43.50 and a 200-day moving average of $43.02. 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 quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.46.

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

F&G Annuities & Life Company Profile

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.