National Western Life Group (NASDAQ:NWLI) Sees Large Volume Increase

Shares of National Western Life Group, Inc. (NASDAQ:NWLI) saw strong trading volume on Tuesday . 34,074 shares were traded 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.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of National Western Life Group in a report on Friday, April 12th. They issued a “hold” rating on the stock.

National Western Life Group Stock Performance

The firm has a market cap of $1.77 billion, a PE ratio of 18.26 and a beta of 0.71. The firm has a fifty day simple moving average of $487.44 and a two-hundred day simple moving average of $481.40.

National Western Life Group (NASDAQ:NWLI) last announced its quarterly earnings data on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share (EPS) for the quarter. National Western Life Group had a return on equity of 3.96% and a net margin of 13.05%. The firm had revenue of $207.87 million during the quarter.

Institutional Trading of National Western Life Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. bought a new position in shares of National Western Life Group in the first quarter worth about $25,000. Osaic Holdings Inc. increased its position in shares of National Western Life Group by 340.0% during the second quarter. Osaic Holdings Inc. now owns 66 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 51 shares during the period. Tower Research Capital LLC TRC increased its position in shares of National Western Life Group by 336.6% during the first quarter. Tower Research Capital LLC TRC now owns 179 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 138 shares during the period. UBS Group AG raised its stake in shares of National Western Life Group by 118.4% during the third quarter. UBS Group AG now owns 297 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 161 shares in the last quarter. Finally, Longfellow Investment Management Co. LLC purchased a new stake in shares of National Western Life Group in the fourth quarter valued at approximately $52,000. Hedge funds and other institutional investors own 81.57% of the company’s stock.

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.