FBL Financial Group, Inc. (FFG) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in FBL Financial Group, Inc. (NYSE:FFG) by 0.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,093,729 shares of the financial services provider’s stock after selling 17,297 shares during the quarter. Dimensional Fund Advisors LP owned 8.40% of FBL Financial Group worth $155,983,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Los Angeles Capital Management & Equity Research Inc. increased its holdings in shares of FBL Financial Group by 0.4% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 24,851 shares of the financial services provider’s stock valued at $1,528,000 after purchasing an additional 100 shares in the last quarter. Aperio Group LLC increased its holdings in shares of FBL Financial Group by 1.7% in the 2nd quarter. Aperio Group LLC now owns 11,827 shares of the financial services provider’s stock valued at $727,000 after purchasing an additional 199 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of FBL Financial Group by 1.4% in the 2nd quarter. Alliancebernstein L.P. now owns 14,360 shares of the financial services provider’s stock valued at $883,000 after purchasing an additional 200 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of FBL Financial Group by 1.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 47,390 shares of the financial services provider’s stock valued at $2,915,000 after purchasing an additional 503 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of FBL Financial Group by 1.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 38,563 shares of the financial services provider’s stock valued at $2,372,000 after purchasing an additional 581 shares in the last quarter. Institutional investors and hedge funds own 27.75% of the company’s stock.

FBL Financial Group, Inc. (FFG) opened at $71.85 on Thursday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.08. FBL Financial Group, Inc. has a twelve month low of $59.75 and a twelve month high of $81.35. The firm has a market cap of $1,759.02, a PE ratio of 16.18 and a beta of 0.89.

FBL Financial Group (NYSE:FFG) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $1.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.09). FBL Financial Group had a net margin of 15.30% and a return on equity of 8.93%. The business had revenue of $181.56 million for the quarter, compared to analysts’ expectations of $184.51 million. During the same quarter last year, the business posted $1.20 earnings per share. The business’s revenue was up .2% compared to the same quarter last year. equities research analysts anticipate that FBL Financial Group, Inc. will post 4.35 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.76 annualized dividend and a yield of 2.45%. FBL Financial Group’s dividend payout ratio (DPR) is currently 39.20%.

A number of equities analysts have recently issued reports on FFG shares. Zacks Investment Research downgraded shares of FBL Financial Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. ValuEngine upgraded shares of FBL Financial Group from a “hold” rating to a “buy” rating in a report on Wednesday, September 13th.

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FBL Financial Group Profile

FBL Financial Group, Inc sells individual life insurance and annuity products under the brand name of Farm Bureau Financial Services. The Company’s segments are Annuity Segment, which sells a variety of traditional annuity products; Life Insurance Segment, which sells a range of traditional and universal life insurance products, and Corporate and Other segment, which provides various support operations, corporate capital and other product lines.

Institutional Ownership by Quarter for FBL Financial Group (NYSE:FFG)

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