Recent updates present a mixed overview for Globe Life Inc.(GL). The company's Q1 2025 earnings have missed expectations, causing a number of fund managers to re-adjust their holdings. While Northern Trust Corp increased its stake, Algert Global LLC, Two Sigma Securities LLC and Leith Wheeler Investment Counsel Ltd. reportedly reduced their holdings, signaling a bit of hesitancy around the stock. Notwithstanding the earnings miss, revenues and premiums have risen year-over-year. GL continues to attract new investors, with Axa S.A, Bayesian Capital Management LP, and Soros Fund Management among those increasing their holdings. Freestone Grove Partners LP, Jump Financial LLC and Marshall Wace LLP have taken new positions in GL, indicating trust in its potential for returns. Despite mixed reviews, Globe Life ends with an average consensus rating of 'Moderate Buy' from analysts. The company also issued a quarterly dividend, hinting at solid shareholder return policies. However, it faced setbacks as some financial institutions including Wells Fargo and Piper Sandler lowered their price targets following Q1 results.
Globe Life GL News Analytics from Thu, 11 Apr 2024 07:00:00 GMT to Sat, 10 May 2025 15:40:44 GMT - Rating -1 - Innovation 0 - Information 6 - Rumor 0
