Zacks downgraded shares of JG Wentworth (NYSE:JGW) from a hold rating to a sell rating in aresearch
According to Zacks, The J.G. Wentworth Company is focused on key sectors, including structured settlement payment purchasing, annuity payment purchasing, and lottery payment purchasing and pre-settlement funding. The Company operates two brands, JG Wentworth and Peachtree. It act as an intermediary that identifies, underwrites and purchases individual payment streams from its customers, aggregates those payment streams and then finances them in the institutional market at discount rates below its cost to purchase. The J.G. Wentworth Company, formerly known as JGWPT Holdings Inc., is headquartered in suburban Philadelphia.
Zacks has also taken action a number of other stocks recently. The firm downgraded shares of Vermillion, Inc. from a buy rating to a hold rating. Also, Zacks upgraded shares of Uranium Resources, Inc. from a sell rating to a hold rating. Finally, Zacks downgraded shares of UniPixel Inc from a hold rating to a sell rating.
Shares of JG Wentworth (NYSE:JGW) traded up 0.67% on Tuesday, hitting $8.97. The stock had a trading volume of 17,709 shares. JG Wentworth has a one year low of $8.65 and a one year high of $13.93. The stocks 50-day moving average is $9.60 and its 200-day moving average is $9.99. The company has a market cap of $126.13 million and a P/E ratio of 5.87.
JG Wentworth (NYSE:JGW) last released its earnings data on Monday, May 11th. The company reported $0.29 EPS for the quarter, missing the Thomson Reuters
Separately, analysts at Deutsche Bank
In other JG Wentworth news, major shareholder Special Situations M. Trishield purchased 73,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average cost of $9.07 per share, with a total value of $662,110.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Special Situations M. Trishield bought 41,225 shares of JG Wentworth stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average cost of $9.47 per share, with a total value of $390,400.75. The disclosure for this purchase can be found here.
J.G. Wentworth Company, formerly JGWPT Holdings Inc., is a direct response marketer that provides liquidity to its customers by purchasing structured settlement, annuity and lottery payment streams, as well as interests in the proceeds of legal claims, in the United States. The Company act as an intermediary that identifies, underwrites and purchases individual payment streams from its customers, aggregates those payment streams and then finances them in the institutional market at discount rates below its cost to purchase. The Company operates two brands, JG Wentworth and Peachtree. Its products include structured settlements, annuities, lotteries and pre-settlement funding.
http://sleekmoney.com/jg-wentworth-lowered-to-sell-at-zacks-jgw/346456/
The Law Offices of Eugene Ahtirski provide Independent Professional Advice to sellers of structured settlements and underwriting protection advice to private investors purchasing secondary market annuities.
Companies That Buy Structured Settlements for Cash May 28, 2013: Company * Types of Financial Vehicles Bought: Headquarters Location: Toll-Free # Web
Structured Settlement Buyers & Companies - Annuity.org
Companies that purchase structured settlement and annuity payments form what is known as a secondary market. There are many buyers on the secondary market, and if you
Structured settlement - Wikipedia, the free encyclopedia
A structured settlement under the tax code's terms is an "arrangement" that meets the following requirements: The structured settlement tax rules enacted by
Structured Settlement Buyer - CBC Settlement Funding
A structured settlement buyer Selling Structured Settlements; Structured Settlement About Structured Settlement Buyers. A structured settlement buyer such
Structured Settlements Cash for Structured Settlement ...
Structured settlements, cash for structured settlement annuities& We are buyers of annuities structured settlements with years of experience and unmatched
Structured Settlements for Lump Sums | Mortgage Buyers, Inc.
A structured settlement is a financial or insurance arrangement, At Mortgage Buyers inc. we will purchase your structured settlement, annuity,
Buyers of Structured Settlements - Streetdirectory.com
Structured settlements are the best option for minors till they reach a consenting age and are able to manage huge sums of money. So, such people can invest in
More Options, Most Cash- Structured Settlement Buyer
Filtering Out Structured Settlement Buyers Long time readers of our blogs, know that we have focused on the value of
Buyers Of Structured Settlements
Buyers Of Structured Settlements structured settlement annuity companies structured settlement buyer structured settlement purchasers selling my structured
Buyers of Structured Settlements | Economy Watch
If you entered into a legal agreement to receive payments via a structured settlement but now for one reason or another you want to sell, you would be
