GWG Holdings Inc (NASDAQ:GWGH) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Zacks has also given GWG an industry rank of 43 out of 255 based on the ratings given to its competitors.

Separately, ValuEngine lowered GWG from a “buy” rating to a “hold” rating in a research report on Thursday.

A number of institutional investors have recently made changes to their positions in the stock. State Street Corp raised its position in GWG by 8.1% in the 3rd quarter. State Street Corp now owns 21,876 shares of the financial services provider’s stock valued at $218,000 after buying an additional 1,648 shares during the last quarter. UBS Group AG raised its position in GWG by 150.3% in the 4th quarter. UBS Group AG now owns 3,236 shares of the financial services provider’s stock valued at $32,000 after buying an additional 1,943 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in GWG by 11.7% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 21,026 shares of the financial services provider’s stock valued at $210,000 after buying an additional 2,196 shares during the last quarter. BlackRock Inc. raised its position in GWG by 20,940.5% in the 2nd quarter. BlackRock Inc. now owns 100,153 shares of the financial services provider’s stock valued at $715,000 after buying an additional 99,677 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in GWG by 206.1% in the 2nd quarter. Vanguard Group Inc. now owns 190,176 shares of the financial services provider’s stock valued at $1,358,000 after buying an additional 128,054 shares during the last quarter. 1.38% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ GWGH traded up $0.29 during mid-day trading on Friday, reaching $9.79. 5,329 shares of the company’s stock were exchanged. The business has a fifty day simple moving average of $9.47 and a 200 day simple moving average of $9.70. GWG has a twelve month low of $6.10 and a twelve month high of $17.50.

GWG (NASDAQ:GWGH) last released its quarterly earnings results on Thursday, November 14th. The financial services provider reported ($0.75) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.45). The firm had revenue of $22.21 million during the quarter.

About GWG

GWG Holdings, Inc operates as a financial services company. It purchases life insurance policies at a discount to the face value from the secondary market and policy holders, and continue to pay the premiums to collect the policy benefits. The company also owns a portfolio of alternative assets; and develops epigenetic technology solutions for the life insurance industry.

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