The Globe Life Inc. (GL) stock has been the focus of various financial activities and evaluations. Value consideration with respect to its current market stance and imminent dividend hike to $0.27 were topics of interest. AlphaQuest LLC, Amundi, and Daiwa Securities Group Inc. are among significant entities that raised their stock holdings. Nevertheless, Globe Life is also facing a series of allegations prompting Bronstein, Gewirtz & Grossman, LLC to seek shareholders input. TD Cowen reaffirmed its buy rating on the stock projecting a target of $168 further boosting GL's market impression. New board members were appointed and a dividend declared. Positive future expectations are underpinned by strong financial results, having risen 3.7% since the last earnings report. Market analysts upgraded Globe Life's price target as its stock demonstrated persistent strong momentum resulting in a 12-month high. On the other side, notable volume of shares were sold by Charles Schwab Investment Management Inc and Great Lakes Advisors LLC. The company's Q4 2024 earnings release was marked by strong operating numbers and the initiation of a massive $1.8B share repurchasing plan. The company's encouraging forward outlook was, however, tainted by fraud allegations that led to plummeted shares.
Globe Life GL News Analytics from Wed, 24 Jul 2024 07:00:00 GMT to Fri, 14 Mar 2025 13:40:09 GMT -
Rating 4
- Innovation 1
- Information 7
- Rumor -2
