National Western Life Group (NASDAQ:NWLI) Earns Hold Rating from Analysts at StockNews.com

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

National Western Life Group Stock Up 0.1 %

NASDAQ NWLI opened at $488.82 on Friday. The stock has a market capitalization of $1.78 billion, a PE ratio of 18.31 and a beta of 0.71. The company has a 50 day moving average price of $488.04 and a two-hundred day moving average price of $483.82. National Western Life Group has a 12-month low of $250.16 and a 12-month high of $493.00.

National Western Life Group (NASDAQ:NWLI) last posted its earnings results on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share (EPS) for the quarter. The business 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 Trading of National Western Life Group

A number of institutional investors and hedge funds have recently modified their holdings of NWLI. Longfellow Investment Management Co. LLC acquired a new stake in shares of National Western Life Group in the fourth quarter worth $52,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in National Western Life Group during the fourth quarter worth $168,000. SG Americas Securities LLC bought a new position in National Western Life Group during the fourth quarter worth $209,000. Assenagon Asset Management S.A. bought a new position in National Western Life Group during the third quarter worth $225,000. Finally, Versor Investments LP bought a new stake in National Western Life Group in the 4th quarter valued at $239,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

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.