National Western Life Group (NASDAQ:NWLI) Now Covered by Analysts at StockNews.com

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

National Western Life Group Stock Up 0.1 %

Shares of NASDAQ:NWLI opened at $488.82 on Friday. National Western Life Group has a twelve month low of $250.16 and a twelve month high of $493.00. The stock’s 50 day moving average is $488.04 and its 200-day moving average is $483.82. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 18.31 and a beta of 0.71.

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

Institutional Investors Weigh In On National Western Life Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its position in National Western Life Group by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,420 shares of the financial services provider’s stock valued at $8,414,000 after buying an additional 67 shares during the last quarter. Rhumbline Advisers raised its position in National Western Life Group by 2.2% in the 3rd quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock valued at $1,718,000 after buying an additional 86 shares during the last quarter. Longfellow Investment Management Co. LLC purchased a new stake in National Western Life Group in the 4th quarter valued at $52,000. Deutsche Bank AG raised its position in National Western Life Group by 16.9% in the 3rd quarter. Deutsche Bank AG now owns 1,099 shares of the financial services provider’s stock valued at $481,000 after buying an additional 159 shares during the last quarter. Finally, FCA Corp TX raised its position in National Western Life Group by 2.1% in the 3rd quarter. FCA Corp TX now owns 10,563 shares of the financial services provider’s stock valued at $4,621,000 after buying an additional 217 shares during the last quarter. 81.57% of the stock is owned by hedge funds and other institutional investors.

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.