5,520 Shares in National Western Life Group, Inc. (NASDAQ:NWLI) Purchased by Natixis

Natixis bought a new position in shares of National Western Life Group, Inc. (NASDAQ:NWLI) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,520 shares of the financial services provider’s stock, valued at approximately $2,716,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Longfellow Investment Management Co. LLC acquired a new stake in shares of National Western Life Group in the 4th quarter valued at about $52,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of National Western Life Group in the 4th quarter valued at about $168,000. ProShare Advisors LLC acquired a new stake in shares of National Western Life Group in the 1st quarter valued at about $201,000. SG Americas Securities LLC purchased a new stake in National Western Life Group during the 4th quarter valued at approximately $209,000. Finally, Versor Investments LP purchased a new stake in National Western Life Group during the 4th quarter valued at approximately $239,000. 81.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on National Western Life Group in a report on Friday. They issued a “hold” rating for the company.

National Western Life Group Stock Performance

NWLI stock remained flat at $499.98 during midday trading on Friday. The company has a 50 day simple moving average of $494.51 and a 200-day simple moving average of $489.53. The stock has a market cap of $1.82 billion, a P/E ratio of 11.35 and a beta of 0.75. National Western Life Group, Inc. has a twelve month low of $403.17 and a twelve month high of $499.99.

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

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.