National Western Life Group (NASDAQ:NWLI) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday, BidAskClub reports.

Separately, ValuEngine upgraded National Western Life Group from a “sell” rating to a “hold” rating in a report on Monday, May 13th.

NASDAQ NWLI opened at $256.51 on Tuesday. The stock has a market capitalization of $935.48 million, a P/E ratio of 7.68 and a beta of 0.98. National Western Life Group has a 12 month low of $252.49 and a 12 month high of $335.00.

National Western Life Group (NASDAQ:NWLI) last released its quarterly earnings data on Thursday, May 9th. The financial services provider reported $10.34 EPS for the quarter. The business had revenue of $217.91 million during the quarter. National Western Life Group had a return on equity of 6.16% and a net margin of 19.14%.

Institutional investors have recently made changes to their positions in the business. CWM LLC bought a new stake in shares of National Western Life Group in the first quarter worth about $36,000. New York State Teachers Retirement System bought a new stake in shares of National Western Life Group in the fourth quarter worth about $60,000. Legal & General Group Plc increased its holdings in shares of National Western Life Group by 17.0% in the fourth quarter. Legal & General Group Plc now owns 434 shares of the financial services provider’s stock worth $130,000 after acquiring an additional 63 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of National Western Life Group by 180.1% in the first quarter. BNP Paribas Arbitrage SA now owns 521 shares of the financial services provider’s stock worth $137,000 after acquiring an additional 335 shares in the last quarter. Finally, Denali Advisors LLC increased its holdings in shares of National Western Life Group by 5,320.0% in the first quarter. Denali Advisors LLC now owns 813 shares of the financial services provider’s stock worth $213,000 after acquiring an additional 798 shares in the last quarter. Institutional investors own 79.53% 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. It operates through Domestic Life Insurance, International Life Insurance, and Annuities segments. The company provides life insurance products for the savings and protection needs of policyholders; and annuity contracts for the asset accumulation and retirement needs of contract holders.

Further Reading: What are retained earnings?

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