National Western Life Group (NASDAQ:NWLI) Receives New Coverage from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of National Western Life Group (NASDAQ:NWLI) in a research report issued on Monday. The firm set a “hold” rating on the financial services provider’s stock.

National Western Life Group Stock Down 0.1 %

NASDAQ:NWLI opened at $489.55 on Monday. National Western Life Group has a 12-month low of $258.56 and a 12-month high of $493.00. The firm has a market capitalization of $1.78 billion, a P/E ratio of 18.34 and a beta of 0.71. The stock’s fifty day simple moving average is $488.52 and its 200-day simple moving average is $484.22.

National Western Life Group (NASDAQ:NWLI) last posted its quarterly earnings results on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share (EPS) for the quarter. National Western Life Group had a return on equity of 3.96% and a net margin of 13.05%. The company had revenue of $207.87 million during the quarter.

Institutional Trading of National Western Life Group

Several hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its stake in National Western Life Group by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,420 shares of the financial services provider’s stock worth $8,414,000 after buying an additional 67 shares during the period. Rhumbline Advisers raised its stake in National Western Life Group by 2.2% during the 3rd quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock worth $1,718,000 after buying an additional 86 shares during the period. Longfellow Investment Management Co. LLC acquired a new stake in National Western Life Group during the 4th quarter worth $52,000. Deutsche Bank AG raised its stake in National Western Life Group by 16.9% during the 3rd quarter. Deutsche Bank AG now owns 1,099 shares of the financial services provider’s stock worth $481,000 after buying an additional 159 shares during the period. Finally, FCA Corp TX raised its stake in National Western Life Group by 2.1% during the 3rd quarter. FCA Corp TX now owns 10,563 shares of the financial services provider’s stock worth $4,621,000 after buying an additional 217 shares during the period. Institutional investors and hedge funds own 81.57% of the company’s stock.

About National Western Life Group

National Western Life Group, Inc, through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company in the United States, Brazil, Taiwan, Peru, Venezuela, Colombia, and internationally. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments.