National Western Life Group, Inc. (NASDAQ:NWLI) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its stake in shares of National Western Life Group, Inc. (NASDAQ:NWLI - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 88,894 shares of the financial services provider's stock after acquiring an additional 8,681 shares during the quarter. Allspring Global Investments Holdings LLC owned about 2.44% of National Western Life Group worth $42,938,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of NWLI. Schonfeld Strategic Advisors LLC lifted its position in shares of National Western Life Group by 330.0% during the third quarter. Schonfeld Strategic Advisors LLC now owns 4,300 shares of the financial services provider's stock worth $1,881,000 after purchasing an additional 3,300 shares during the last quarter. Lazard Asset Management LLC purchased a new position in National Western Life Group during the 3rd quarter worth approximately $528,000. Assenagon Asset Management S.A. purchased a new stake in National Western Life Group in the 3rd quarter worth about $225,000. American Century Companies Inc. increased its stake in National Western Life Group by 3.1% in the 3rd quarter. American Century Companies Inc. now owns 15,076 shares of the financial services provider's stock valued at $6,596,000 after buying an additional 451 shares during the period. Finally, FCA Corp TX raised its holdings in shares of National Western Life Group by 2.1% during the third quarter. FCA Corp TX now owns 10,563 shares of the financial services provider's stock worth $4,621,000 after acquiring an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 81.57% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of National Western Life Group in a research note on Friday. They set a "hold" rating for the company.

National Western Life Group Stock Performance

Shares of NASDAQ:NWLI traded up $0.69 on Friday, hitting $491.02. The stock had a trading volume of 13,212 shares, compared to its average volume of 13,879. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 18.36 and a beta of 0.71. National Western Life Group, Inc. has a twelve month low of $226.62 and a twelve month high of $493.00. The firm's 50 day moving average price is $487.03 and its 200-day moving average price is $479.74.

National Western Life Group (NASDAQ:NWLI - Get Free Report) last issued its quarterly earnings results on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share 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%.

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.