Shares of National Western Life Group, Inc. (NASDAQ:NWLI - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $492.45 and last traded at $492.45, with a volume of 917 shares changing hands. The stock had previously closed at $491.96.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of National Western Life Group in a report on Wednesday, March 27th. They set a "hold" rating on the stock.
View Our Latest Research Report on National Western Life Group
National Western Life Group Trading Up 0.0 %
The business's fifty day simple moving average is $485.57 and its 200-day simple moving average is $477.76. The firm has a market cap of $1.79 billion, a P/E ratio of 18.42 and a beta of 0.71.
National Western Life Group (NASDAQ:NWLI - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The financial services provider reported ($3.46) EPS for the quarter. The firm had revenue of $207.87 million for the quarter. National Western Life Group had a net margin of 13.05% and a return on equity of 3.96%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in NWLI. Glazer Capital LLC purchased a new position in shares of National Western Life Group during the 4th quarter valued at $44,735,000. Envestnet Asset Management Inc. purchased a new position in shares of National Western Life Group during the 1st quarter valued at $25,000. Hsbc Holdings PLC purchased a new position in National Western Life Group in the fourth quarter worth $11,931,000. Balyasny Asset Management L.P. grew its position in National Western Life Group by 186.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 31,537 shares of the financial services provider's stock worth $15,233,000 after acquiring an additional 20,531 shares in the last quarter. Finally, Westchester Capital Management LLC purchased a new position in National Western Life Group in the fourth quarter worth $7,635,000. 81.57% of the stock is currently owned by hedge funds and other institutional investors.
About National Western Life Group
(
Get Free Report)
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.
Further Reading
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