ValuEngine upgraded shares of GWG (NASDAQ:GWGH) from a buy rating to a strong-buy rating in a report issued on Wednesday morning, ValuEngine reports.

Separately, Zacks Investment Research downgraded GWG from a buy rating to a hold rating in a research note on Saturday, February 23rd.

GWGH opened at $9.61 on Wednesday. GWG has a 1 year low of $4.80 and a 1 year high of $17.50. The stock has a market capitalization of $59.83 million, a price-to-earnings ratio of 4.29 and a beta of 0.31.

Several hedge funds and other institutional investors have recently made changes to their positions in GWGH. Institute for Wealth Management LLC. bought a new position in shares of GWG in the 4th quarter valued at about $100,000. Tibra Equities Europe Ltd bought a new position in shares of GWG in the 1st quarter valued at about $292,000. Citigroup Inc. bought a new position in shares of GWG in the 1st quarter valued at about $33,000. Finally, Morgan Stanley bought a new position in shares of GWG in the 1st quarter valued at about $32,000. Institutional investors own 1.90% of the company’s stock.

GWG Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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