FBL Financial Group, Inc. (NYSE:FFG) has been assigned a consensus broker rating score of 4.00 (Sell) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation and one has issued a hold recommendation on the company.

Zacks has also given FBL Financial Group an industry rank of 117 out of 265 based on the ratings given to related companies.

Several equities research analysts recently weighed in on the stock. Raymond James Financial, Inc. upgraded shares of FBL Financial Group from an “underperform” rating to a “market perform” rating in a research note on Wednesday. Zacks Investment Research upgraded shares of FBL Financial Group from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research note on Tuesday. Finally, BidaskClub upgraded shares of FBL Financial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th.

Several large investors have recently added to or reduced their stakes in the stock. Prudential Financial Inc. boosted its stake in FBL Financial Group by 4.3% in the second quarter. Prudential Financial Inc. now owns 113,353 shares of the financial services provider’s stock valued at $6,971,000 after buying an additional 4,690 shares during the last quarter. Victory Capital Management Inc. boosted its stake in FBL Financial Group by 2.9% in the second quarter. Victory Capital Management Inc. now owns 619,310 shares of the financial services provider’s stock valued at $38,087,000 after buying an additional 17,295 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in FBL Financial Group by 134.7% in the second quarter. BNP Paribas Arbitrage SA now owns 2,068 shares of the financial services provider’s stock valued at $127,000 after buying an additional 1,187 shares during the last quarter. Legal & General Group Plc boosted its stake in FBL Financial Group by 34.5% in the second quarter. Legal & General Group Plc now owns 4,417 shares of the financial services provider’s stock valued at $272,000 after buying an additional 1,134 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in FBL Financial Group by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 90,260 shares of the financial services provider’s stock valued at $5,551,000 after buying an additional 2,250 shares during the last quarter. Institutional investors and hedge funds own 29.37% of the company’s stock.

FBL Financial Group (FFG) opened at 74.00 on Friday. The firm has a market cap of $1.84 billion, a PE ratio of 17.25 and a beta of 0.88. The company has a 50 day moving average price of $64.73 and a 200 day moving average price of $66.04. 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 earnings results on Thursday, August 3rd. The financial services provider reported $1.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.19. FBL Financial Group had a net margin of 15.70% and a return on equity of 9.12%. The business had revenue of $189 million during the quarter, compared to analysts’ expectations of $181.63 million. During the same quarter last year, the company earned $1.02 earnings per share. The firm’s revenue was up 4.2% on a year-over-year basis. On average, equities research analysts forecast that FBL Financial Group will post $4.35 earnings per share for the current year.

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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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