Public Employees Retirement System of Ohio Holds Position in Fidelity and Guaranty Life (FGL)

Public Employees Retirement System of Ohio held its position in Fidelity and Guaranty Life (NYSE:FGL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,100 shares of the financial services provider’s stock at the end of the 2nd quarter. Public Employees Retirement System of Ohio’s holdings in Fidelity and Guaranty Life were worth $624,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Schroder Investment Management Group acquired a new stake in Fidelity and Guaranty Life in the 2nd quarter valued at approximately $171,000. Nationwide Fund Advisors grew its holdings in Fidelity and Guaranty Life by 11.0% in the 2nd quarter. Nationwide Fund Advisors now owns 6,602 shares of the financial services provider’s stock valued at $205,000 after buying an additional 656 shares during the last quarter. American International Group Inc. grew its holdings in Fidelity and Guaranty Life by 7.1% in the 1st quarter. American International Group Inc. now owns 7,331 shares of the financial services provider’s stock valued at $204,000 after buying an additional 484 shares during the last quarter. QS Investors LLC grew its holdings in Fidelity and Guaranty Life by 8.7% in the 2nd quarter. QS Investors LLC now owns 9,181 shares of the financial services provider’s stock valued at $285,000 after buying an additional 738 shares during the last quarter. Finally, OxFORD Asset Management LLP acquired a new stake in Fidelity and Guaranty Life in the 2nd quarter valued at approximately $611,000. 23.52% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Fidelity and Guaranty Life (FGL) opened at $31.20 on Friday. The stock has a market capitalization of $1,822.83, a P/E ratio of 11.82 and a beta of 0.88. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.19. Fidelity and Guaranty Life has a fifty-two week low of $22.85 and a fifty-two week high of $31.38.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 27th will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Friday, November 24th. Fidelity and Guaranty Life’s dividend payout ratio (DPR) is currently 7.90%.

A number of analysts have issued reports on FGL shares. BidaskClub lowered Fidelity and Guaranty Life from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 16th. ValuEngine raised Fidelity and Guaranty Life from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 25th.

ILLEGAL ACTIVITY NOTICE: “Public Employees Retirement System of Ohio Holds Position in Fidelity and Guaranty Life (FGL)” was posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and international trademark and copyright law. The original version of this piece of content can be read at https://www.themarketsdaily.com/2017/11/12/public-employees-retirement-system-of-ohio-holds-position-in-fidelity-and-guaranty-life-fgl.html.

Fidelity and Guaranty Life Profile

Fidelity & Guaranty Life (FGL) is a holding company focused on obtaining controlling equity stakes in companies that operate across various industries. FGL’s primary business is the sale of individual life insurance products and annuities through independent agents, managing general agents, and specialty brokerage firms and in selected institutional markets.

Institutional Ownership by Quarter for Fidelity and Guaranty Life (NYSE:FGL)

Receive News & Ratings for Fidelity and Guaranty Life Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity and Guaranty Life and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply