AboutPaul Henneman Expertise Stock forecasting and fair market valuations.
Experience
Past/Present clients CBSMarketwatch.com, Hoovers.com, Multexinvestor.com, Bank of NY, numerous hedge funds and institutions, other partners and clients can be viewed at http://www.valuengine.com/about/careers.html
Question I received 69 shares of Nationwide Financial Services NatwFs on the NYSE. I want to see it. How do I go about doing it, who do I contact? What can I expect to pay as far as a broker's fee? It's an odd lot and I was told that it would be hard to sell.
Sara
Answer Sara,
Thank you for your question! If you would like paperwork that shows your ownership of the shares of stock in Nationwide Financial Services, you would need to contact the company directly. Most publicly traded companies have an Investor Relations department. I believe that their website is www.nationwide.com They do have a 'contact us' link, or just click here as I copied it for your convenience: http://nwinsurance.nationwide.com/contact/home.asp?ref=1
Broker fees can vary widely. It depends largely upon how much the stock is trading for as to whether it would be cost effective to contact a broker to try to sell the shares. I looked this up, and it appears to be currently trading at about $34.50, which would put your shares at a current value of approximately $2,380. That is a marginal amount for me to recommend contacting a broker, it may cost as much as a few hundred to sell it. Nationwide's investor relations department may be of more help here. It is a reputable company, my own financial research company has a buy rating out for Nationwide. I do not think that selling the shares will be a problem for you if you do decide to do that.
I hope this helps! Please do not hesitate to follow up with me if I can be of any further service!
Sincerely,
Paul Henneman
President
ValuEngine, Inc.
www.ValuEngine.com
