F&G Annuities & Life, Inc. (NYSE:FG) Short Interest Update

F&G Annuities & Life, Inc. (NYSE:FG) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 340,200 shares, an increase of 5.4% from the January 15th total of 322,900 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 63,800 shares, the short-interest ratio is currently 5.3 days.

Wall Street Analysts Forecast Growth

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

Institutional Trading of F&G Annuities & Life

Hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. increased its position in shares of F&G Annuities & Life by 23.1% during the third quarter. Principal Financial Group Inc. now owns 120,336 shares of the company’s stock valued at $5,381,000 after purchasing an additional 22,550 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of F&G Annuities & Life by 63.5% during the third quarter. JPMorgan Chase & Co. now owns 45,952 shares of the company’s stock worth $2,055,000 after buying an additional 17,845 shares in the last quarter. Barclays PLC raised its position in F&G Annuities & Life by 527.8% in the 3rd 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 during the last quarter. Point72 Asset Management L.P. acquired a new position in F&G Annuities & Life in the third quarter worth $521,000. Finally, Geode Capital Management LLC grew 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 last quarter. 95.86% of the stock is owned by institutional investors.

F&G Annuities & Life Stock Performance

Shares of NYSE FG opened at $46.28 on Wednesday. The business’s 50 day moving average is $43.45 and its two-hundred day moving average is $43.23. The company has a market cap of $5.84 billion, a P/E ratio of -771.27 and a beta of 1.66. 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 has a 12 month low of $34.90 and a 12 month high of $50.75.

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.