National Western Life Group (NWLI) Upgraded at BidaskClub

BidaskClub upgraded shares of National Western Life Group (NASDAQ:NWLI) from a sell rating to a hold rating in a research report sent to investors on Friday.

Separately, ValuEngine downgraded shares of National Western Life Group from a hold rating to a sell rating in a research report on Monday, July 2nd.

NASDAQ:NWLI opened at $314.40 on Friday. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 9.88 and a beta of 1.23. National Western Life Group has a twelve month low of $276.00 and a twelve month high of $368.00.

National Western Life Group (NASDAQ:NWLI) last released its earnings results on Tuesday, August 7th. The financial services provider reported $8.58 earnings per share for the quarter. The company had revenue of $174.66 million for the quarter. National Western Life Group had a net margin of 15.95% and a return on equity of 6.14%.

A number of large investors have recently added to or reduced their stakes in the business. United Services Automobile Association grew its position in National Western Life Group by 57.1% during the 2nd quarter. United Services Automobile Association now owns 1,125 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 409 shares during the last quarter. Northern Trust Corp grew its position in National Western Life Group by 0.9% during the 2nd quarter. Northern Trust Corp now owns 31,532 shares of the financial services provider’s stock worth $9,689,000 after purchasing an additional 280 shares during the last quarter. Tower Research Capital LLC TRC purchased a new stake in National Western Life Group during the 2nd quarter worth approximately $117,000. Renaissance Technologies LLC grew its position in National Western Life Group by 19.6% during the 2nd quarter. Renaissance Technologies LLC now owns 22,000 shares of the financial services provider’s stock worth $6,760,000 after purchasing an additional 3,600 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in National Western Life Group by 206.8% during the 2nd quarter. Citadel Advisors LLC now owns 2,488 shares of the financial services provider’s stock worth $764,000 after purchasing an additional 1,677 shares during the last quarter. 79.70% of the stock is currently owned by institutional investors.

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. It operates through Domestic Life Insurance, International Life Insurance, and Annuities segments. The company provides life insurance products for the savings and protection needs of policyholders; and annuity contracts for the asset accumulation and retirement needs of contract holders.

Recommended Story: New Google Finance Tool and Screening Stocks

Receive News & Ratings for National Western Life Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Western Life Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply