ACR Alpine Capital Research LLC Grows Stock Position in National Western Life Group, Inc. (NASDAQ:NWLI)

ACR Alpine Capital Research LLC increased its holdings in National Western Life Group, Inc. (NASDAQ:NWLI) by 27.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,138 shares of the financial services provider’s stock after buying an additional 457 shares during the quarter. ACR Alpine Capital Research LLC’s holdings in National Western Life Group were worth $1,052,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in NWLI. Longfellow Investment Management Co. LLC bought a new position in shares of National Western Life Group in the fourth quarter worth about $52,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in National Western Life Group in the 4th quarter worth approximately $168,000. SG Americas Securities LLC purchased a new stake in National Western Life Group in the 4th quarter worth approximately $209,000. Versor Investments LP bought a new stake in National Western Life Group during the 4th quarter worth approximately $239,000. Finally, Flow State Investments L.P. purchased a new position in National Western Life Group during the fourth quarter valued at approximately $263,000. 81.57% of the stock is currently owned by institutional investors.

National Western Life Group Price Performance

NWLI remained flat at $499.98 on Thursday. The firm has a 50 day moving average of $492.59 and a two-hundred day moving average of $488.35. National Western Life Group, Inc. has a 52 week low of $403.17 and a 52 week high of $499.99. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 11.35 and a beta of 0.75.

National Western Life Group (NASDAQ:NWLI) last released its quarterly earnings data on Thursday, May 9th. The financial services provider reported $20.82 earnings per share (EPS) for the quarter. The firm had revenue of $197.57 million for the quarter. National Western Life Group had a net margin of 20.22% and a return on equity of 6.40%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of National Western Life Group in a research report on Saturday, June 15th. They set a “hold” rating on the stock.

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.