FBL Financial Group, Inc. (NYSE:FFG) Director Scott Vanderwal sold 2,000 shares of FBL Financial Group stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $70.46, for a total value of $140,920.00. Following the completion of the transaction, the director now directly owns 4,000 shares in the company, valued at $281,840. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

FBL Financial Group, Inc. (NYSE FFG) traded down 1.76% during trading on Thursday, hitting $75.15. The company had a trading volume of 9,578 shares. The company’s 50 day moving average price is $65.58 and its 200-day moving average price is $66.04. FBL Financial Group, Inc. has a 1-year low of $59.75 and a 1-year high of $82.60. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 16.30 and a beta of 0.88.

FBL Financial Group (NYSE:FFG) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.19. FBL Financial Group had a return on equity of 9.12% and a net margin of 15.70%. The business had revenue of $189 million for the quarter, compared to analyst estimates of $181.63 million. During the same period last year, the company earned $1.02 EPS. FBL Financial Group’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts expect that FBL Financial Group, Inc. will post $4.45 EPS for the current year.

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A number of institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in FBL Financial Group during the fourth quarter valued at about $16,812,000. Teachers Advisors LLC raised its position in 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 during the last quarter. Eqis Capital Management Inc. raised its position in 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 during the last quarter. First Trust Advisors LP raised its position in FBL Financial Group by 33.4% in the first quarter. First Trust Advisors LP now owns 17,714 shares of the financial services provider’s stock valued at $1,159,000 after buying an additional 4,432 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in FBL Financial Group by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 88,010 shares of the financial services provider’s stock valued at $5,761,000 after buying an additional 3,674 shares during the last quarter. Institutional investors and hedge funds own 29.37% of the company’s stock.

A number of research firms recently commented on FFG. Zacks Investment Research raised FBL Financial Group from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Tuesday. Raymond James Financial, Inc. raised FBL Financial Group from an “underperform” rating to a “market perform” rating in a research note on Wednesday. Finally, BidaskClub raised FBL Financial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th.

About FBL Financial Group

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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