National Western Life Group (NASDAQ:NWLI) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of National Western Life Group (NASDAQ:NWLI – Get Rating) in a research note published on Thursday. The firm issued a hold rating on the financial services provider’s stock.

Separately, TheStreet raised shares of National Western Life Group from a c+ rating to a b- rating in a report on Tuesday, December 6th.

National Western Life Group Price Performance

NWLI opened at $237.24 on Thursday. National Western Life Group has a fifty-two week low of $166.94 and a fifty-two week high of $309.25. The firm has a market capitalization of $863.55 million, a price-to-earnings ratio of 8.30 and a beta of 0.80. The company’s 50 day moving average price is $264.22 and its two-hundred day moving average price is $228.54.

Institutional Investors Weigh In On National Western Life Group

Institutional investors have recently modified their holdings of the company. Tudor Investment Corp Et Al boosted its stake in shares of National Western Life Group by 34.8% in the 3rd quarter. Tudor Investment Corp Et Al now owns 1,527 shares of the financial services provider’s stock valued at $261,000 after purchasing an additional 394 shares during the last quarter. RK Asset Management LLC bought a new stake in shares of National Western Life Group in the 4th quarter valued at $16,393,000. M3F Inc. boosted its stake in shares of National Western Life Group by 7.4% in the 3rd quarter. M3F Inc. now owns 40,725 shares of the financial services provider’s stock valued at $6,956,000 after purchasing an additional 2,798 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of National Western Life Group by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 227,663 shares of the financial services provider’s stock valued at $38,885,000 after purchasing an additional 922 shares during the last quarter. Finally, Elkhorn Partners Limited Partnership boosted its stake in shares of National Western Life Group by 27.0% in the 3rd quarter. Elkhorn Partners Limited Partnership now owns 800 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 170 shares during the last quarter. 77.26% of the stock is owned by institutional investors.

About National Western Life Group

(Get Rating)

National Western Life Group, Inc is a holding company, which engages in the provision of life insurance services. It operates through the following segments: Domestic Life Insurance, International Life Insurance, ONL and Affiliates, and Others. The Domestic Life Insurance segment includes annuities, universal life insurance, and traditional life insurance, which include both term and whole life products.