Gillson Capital LP bought a new position in shares of FGL Holdings (NYSE:FG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 503,483 shares of the company’s stock, valued at approximately $5,070,000. Gillson Capital LP owned approximately 0.23% of FGL at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp purchased a new stake in shares of FGL during the 4th quarter valued at approximately $329,000. Virtu Financial LLC bought a new stake in FGL during the 4th quarter worth approximately $373,000. Geode Capital Management LLC bought a new stake in FGL during the 4th quarter worth approximately $1,007,000. Maltese Capital Management LLC bought a new stake in FGL during the 4th quarter worth approximately $1,007,000. Finally, CNA Financial Corp bought a new stake in FGL during the 4th quarter worth approximately $3,665,000. 63.19% of the stock is owned by institutional investors.
A number of equities analysts have recently commented on FG shares. JPMorgan Chase & Co. started coverage on shares of FGL in a report on Tuesday, January 2nd. They issued a “neutral” rating on the stock. Sandler O’Neill raised shares of FGL from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. UBS Group initiated coverage on shares of FGL in a report on Friday, March 2nd. They set a “buy” rating and a $12.00 target price on the stock. Finally, Zacks Investment Research raised shares of FGL from a “hold” rating to a “strong-buy” rating and set a $12.00 price target for the company in a research report on Tuesday, March 6th.
Shares of FGL Holdings (NYSE:FG) traded up $0.01 during midday trading on Wednesday, reaching $10.49. 6,121,368 shares of the company were exchanged, compared to its average volume of 746,293. FGL Holdings has a one year low of $8.65 and a one year high of $12.25.
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FGL Holdings, formerly CF Corporation, is a holding company. Through its subsidiaries, the Company offers fixed annuities and life insurance products across the United States. The Company’s insurance subsidiaries include Fidelity & Guaranty Life Insurance Company (FGL Insurance), Fidelity & Guaranty Life Insurance Company of New York (FGL NY Insurance) and F & G Re Ltd.
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