ACR Alpine Capital Research LLC acquired a new stake in shares of National Western Life Group, Inc. (NASDAQ:NWLI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,681 shares of the financial services provider's stock, valued at approximately $812,000.
Other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its position in shares of National Western Life Group by 10.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 88,894 shares of the financial services provider's stock valued at $42,938,000 after purchasing an additional 8,681 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its position in National Western Life Group by 330.0% in the third quarter. Schonfeld Strategic Advisors LLC now owns 4,300 shares of the financial services provider's stock worth $1,881,000 after acquiring an additional 3,300 shares during the period. Lazard Asset Management LLC purchased a new position in shares of National Western Life Group during the 3rd quarter worth $528,000. Tokio Marine Asset Management Co. Ltd. bought a new stake in shares of National Western Life Group during the 4th quarter valued at $4,975,000. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of National Western Life Group in the 3rd quarter worth $225,000. 81.57% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on National Western Life Group in a research report on Monday. They set a "hold" rating on the stock.
Get Our Latest Analysis on NWLI
National Western Life Group Price Performance
Shares of NWLI stock traded down $0.25 during trading hours on Tuesday, reaching $489.55. 24,496 shares of the company traded hands, compared to its average volume of 15,961. The firm has a 50-day moving average price of $488.44 and a 200 day moving average price of $484.14. The company has a market cap of $1.78 billion, a P/E ratio of 18.31 and a beta of 0.71. National Western Life Group, Inc. has a 12-month low of $258.56 and a 12-month high of $493.00.
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 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%.
About National Western Life Group
(
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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