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Keefe, Bruyette & Woods Downgrades NN Group (OTCMKTS:NNGRY) to Hold

NN Group logo with Finance background

Keefe, Bruyette & Woods lowered shares of NN Group (OTCMKTS:NNGRY - Free Report) from a moderate buy rating to a hold rating in a report published on Wednesday, May 14th,Zacks.com reports.

NN Group Stock Down 0.3%

OTCMKTS:NNGRY traded down $0.10 during trading hours on Wednesday, hitting $30.90. The stock had a trading volume of 16,295 shares, compared to its average volume of 34,827. The business's 50 day moving average is $28.86 and its 200-day moving average is $25.17. NN Group has a one year low of $20.97 and a one year high of $31.63.

NN Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st will be paid a dividend of $0.9103 per share. This represents a yield of 4.72%. The ex-dividend date of this dividend is Tuesday, May 20th. This is an increase from NN Group's previous dividend of $0.55.

About NN Group

(Get Free Report)

NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers Life insurance products, such as group and individual pension products, retail life insurance, and SME life insurance products; and non-life insurance products, including motor, fire, liability, transport, travel, health, property and casualty, and disability and accident insurance products.

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