November 22, 2016 - By kentuckypostne · 0 Comments
GWG Holdings (NASDAQ:GWGH) institutional sentiment increased to 2 in Q2 2016. Its up 1.00, from 1 in 2016Q1. The ratio has improved, as 2 institutional investors started new and increased equity positions, while 2 cut down and sold their holdings in GWG Holdings. The institutional investors in our partner’s database now hold: 7,534 shares, up from 7,052 shares in 2016Q1. Also, the number of institutional investors holding GWG Holdings in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 1 New Position: 1.
GWG Holdings, Inc. is a specialty finance company. The company has a market cap of $44.19 million. The Firm is a financial purchaser of life insurance assets in the secondary market. It currently has negative earnings. The Firm creates opportunities for clients owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies.
It is down 22.07% since April 20, 2016 and is uptrending. It has outperformed by 17.51% the S&P500.
According to Zacks Investment Research, “GWG Holdings, Inc. and its subsidiaries are engaged in the life insurance secondary market. It offers a variety of solutions for seniors who own life insurance. The Company’s services allow policyholders to sell, keep, trade or gift their life insurance based upon their needs today. GWG Holdings, Inc. is based in Minneapolis, Minnesota.”
Bank Of America Corp De holds 0% of its portfolio in GWG Holdings Inc for 2 shares. Blackrock Fund Advisors owns 186 shares or 0% of their US portfolio. Moreover, Blackrock Investment Management Llc has 0% invested in the company for 178 shares. The Ontario – Canada-based Royal Bank Of Canada has invested 0% in the stock. Tower Research Capital Llc (Trc), a New York-based fund reported 1,364 shares.#img1#
Ratings analysis reveals 100% of GWG’s analysts are positive. Out of 3 Wall Street analysts rating GWG, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $10 while the high is $10. The stock’s average target of $10 is 28.87% above today’s ($7.76) share price. GWGH was included in 3 notes of analysts from December 4, 2015. The firm earned “Buy” rating on Thursday, July 21 by Maxim Group. The firm earned “Buy” rating on Friday, December 4 by TH Capital. Roth Capital initiated GWG Holdings Inc (NASDAQ:GWGH) on Friday, December 4 with “Buy” rating.
GWG Holdings, Inc., incorporated on March 19, 2008, is a specialty finance company. The Firm is a financial purchaser of life insurance assets in the secondary market. The Firm creates opportunities for clients owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies. The Firm also creates opportunities for investors to participate in alternative asset classes, such as life insurance, not correlated to traditional financial markets. The Firm conducts its life insurance related business through a subsidiary, GWG Life, LLC (GWG Life), and GWG Life’s subsidiaries, GWG Trust (Trust), GWG DLP Funding II, LLC (DLP II) and GWG DLP Funding III, LLC (DLP III).
More important recent GWG Holdings Inc (NASDAQ:GWGH) news were published by: Prnewswire.com which released: “GWG Holdings, Inc. Announces New Key Accounts Team” on February 23, 2015, also Marketwatch.com published article titled: “Virtual Stock Exchange”, Globenewswire.com published: “GWG Holdings, Inc. named to list of top 75 public companies in Minnesota” on April 26, 2016. More interesting news about GWG Holdings Inc (NASDAQ:GWGH) was released by: Quotes.Wsj.com and their article: “News GWG Holdings Inc.GWGH” with publication date: July 27, 2014.
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