National Western Life Group, Inc. (NASDAQ:NWLI - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 34,074 shares changed hands during trading, an increase of 141% from the previous session's volume of 14,110 shares.The stock last traded at $488.50 and had previously closed at $489.00.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on shares of National Western Life Group in a research report on Friday. They set a "hold" rating on the stock.
Read Our Latest Report on NWLI
National Western Life Group Stock Performance
The company's 50-day moving average price is $487.38 and its two-hundred day moving average price is $481.36. The stock has a market cap of $1.78 billion, a PE ratio of 18.27 and a beta of 0.71.
National Western Life Group (NASDAQ:NWLI - Get Free Report) last posted its quarterly earnings data on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share for the quarter. National Western Life Group had a net margin of 13.05% and a return on equity of 3.96%. The company had revenue of $207.87 million for the quarter.
Hedge Funds Weigh In On National Western Life Group
Several institutional investors and hedge funds have recently made changes to their positions in the business. Swiss National Bank grew its holdings in National Western Life Group by 5.6% in the 1st quarter. Swiss National Bank now owns 5,649 shares of the financial services provider's stock worth $1,189,000 after acquiring an additional 300 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in National Western Life Group by 20.1% in the 1st quarter. Bank of New York Mellon Corp now owns 16,489 shares of the financial services provider's stock worth $3,470,000 after acquiring an additional 2,760 shares during the last quarter. American Century Companies Inc. grew its holdings in National Western Life Group by 25.4% in the 1st quarter. American Century Companies Inc. now owns 2,221 shares of the financial services provider's stock worth $467,000 after acquiring an additional 450 shares during the last quarter. MetLife Investment Management LLC grew its holdings in National Western Life Group by 56.3% in the 1st quarter. MetLife Investment Management LLC now owns 1,624 shares of the financial services provider's stock worth $342,000 after acquiring an additional 585 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in National Western Life Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 184,380 shares of the financial services provider's stock worth $38,793,000 after acquiring an additional 1,005 shares during the last quarter. Institutional investors own 81.57% of the company's stock.
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
Before you consider National Western Life Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Western Life Group wasn't on the list.
While National Western Life Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
