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

Research analysts at StockNews.com assumed coverage on shares of National Western Life Group (NASDAQ:NWLIGet Free Report) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

National Western Life Group Trading Up 0.1 %

Shares of NWLI opened at $488.62 on Wednesday. National Western Life Group has a 12 month low of $367.51 and a 12 month high of $493.00. The firm has a fifty day simple moving average of $489.51 and a 200 day simple moving average of $485.04. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 11.09 and a beta of 0.71.

National Western Life Group (NASDAQ:NWLIGet Free Report) last announced its earnings results on Thursday, February 29th. The financial services provider reported ($3.46) EPS for the quarter. National Western Life Group had a return on equity of 6.40% and a net margin of 20.22%. The business had revenue of $207.87 million for the quarter.

Institutional Trading of National Western Life Group

A number of large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its stake in National Western Life Group by 0.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,420 shares of the financial services provider’s stock valued at $8,414,000 after acquiring an additional 67 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in National Western Life Group by 4.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,790 shares of the financial services provider’s stock valued at $881,000 after acquiring an additional 80 shares during the last quarter. Rhumbline Advisers lifted its stake in National Western Life Group by 2.2% in the third quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock valued at $1,718,000 after acquiring an additional 86 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new stake in National Western Life Group in the fourth quarter valued at $52,000. Finally, Deutsche Bank AG lifted its stake in National Western Life Group by 16.9% in the third quarter. Deutsche Bank AG now owns 1,099 shares of the financial services provider’s stock valued at $481,000 after acquiring an additional 159 shares during the last quarter. Institutional investors and hedge funds own 81.57% of the company’s stock.

National Western Life Group Company Profile

(Get Free Report)

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.

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