National Western Life Group (NASDAQ:NWLI) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of National Western Life Group (NASDAQ:NWLI) in a research note released on Sunday morning. The brokerage issued a hold rating on the financial services provider’s stock.

National Western Life Group Trading Down 0.1 %

Shares of NASDAQ NWLI opened at $488.20 on Friday. The stock has a market cap of $1.78 billion, a PE ratio of 18.28 and a beta of 0.71. National Western Life Group has a 12-month low of $250.16 and a 12-month high of $493.00. The company has a 50-day moving average of $488.14 and a 200 day moving average of $483.88.

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 net margin of 13.05% and a return on equity of 3.96%. The company had revenue of $207.87 million during the quarter.

Institutional Trading of National Western Life Group

A number of hedge funds and other institutional investors have recently made changes to their positions in NWLI. Longfellow Investment Management Co. LLC acquired a new position in shares of National Western Life Group in the 4th quarter valued at $52,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of National Western Life Group in the fourth quarter worth $168,000. SG Americas Securities LLC acquired a new position in National Western Life Group during the 4th quarter worth $209,000. Versor Investments LP acquired a new position in shares of National Western Life Group during the fourth quarter worth about $239,000. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of National Western Life Group in the 3rd quarter valued at approximately $225,000. Institutional investors and hedge funds own 81.57% of the company’s stock.

National Western Life Group Company Profile

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.