FBL Financial Group, Inc. (NYSE:FFG) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Tuesday, July 11th.

Separately, Zacks Investment Research raised FBL Financial Group from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Monday, June 19th.

FBL Financial Group (NYSE:FFG) opened at 71.60 on Tuesday. The firm’s 50-day moving average is $64.29 and its 200 day moving average is $65.99. The firm has a market cap of $1.78 billion, a PE ratio of 16.69 and a beta of 0.88. FBL Financial Group has a 1-year low of $59.75 and a 1-year high of $82.60.

FBL Financial Group (NYSE:FFG) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.19. FBL Financial Group had a return on equity of 9.16% and a net margin of 15.70%. The business had revenue of $189 million during the quarter, compared to analysts’ expectations of $181.63 million. During the same period in the previous year, the business posted $1.02 earnings per share. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities analysts forecast that FBL Financial Group will post $4.25 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aperio Group LLC boosted its position in FBL Financial Group by 1.7% in the second quarter. Aperio Group LLC now owns 11,827 shares of the financial services provider’s stock worth $727,000 after buying an additional 199 shares in the last quarter. Eqis Capital Management Inc. boosted its stake in shares of FBL Financial Group by 7.1% in the first quarter. Eqis Capital Management Inc. now owns 4,203 shares of the financial services provider’s stock valued at $275,000 after buying an additional 277 shares in the last quarter. American International Group Inc. boosted its stake in shares of FBL Financial Group by 7.2% in the first quarter. American International Group Inc. now owns 6,063 shares of the financial services provider’s stock valued at $397,000 after buying an additional 408 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of FBL Financial Group by 1.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 47,390 shares of the financial services provider’s stock valued at $2,915,000 after buying an additional 503 shares in the last quarter. Finally, Teachers Advisors LLC boosted its stake in shares of FBL Financial Group by 2.8% in the fourth quarter. Teachers Advisors LLC now owns 21,834 shares of the financial services provider’s stock valued at $1,706,000 after buying an additional 586 shares in the last quarter. 29.37% of the stock is owned by institutional investors and hedge funds.

FBL Financial Group Company 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.

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