Strs Ohio Buys 600 Shares of National Western Life Group, Inc. (NASDAQ:NWLI)

Strs Ohio lifted its position in National Western Life Group, Inc. (NASDAQ:NWLI) by 75.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,400 shares of the financial services provider’s stock after buying an additional 600 shares during the quarter. Strs Ohio’s holdings in National Western Life Group were worth $676,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NWLI. Allspring Global Investments Holdings LLC raised its position in National Western Life Group by 10.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 88,894 shares of the financial services provider’s stock worth $42,938,000 after acquiring an additional 8,681 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its position in National Western Life Group by 330.0% during 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 in the last quarter. Lazard Asset Management LLC bought a new stake in National Western Life Group during the third quarter worth $528,000. Assenagon Asset Management S.A. bought a new stake in National Western Life Group during the third quarter worth $225,000. Finally, SG Americas Securities LLC bought a new stake in National Western Life Group during the fourth quarter worth $209,000. 81.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of National Western Life Group in a research report on Saturday, April 20th. They issued a “hold” rating on the stock.

National Western Life Group Price Performance

Shares of NWLI opened at $488.15 on Friday. The firm has a market capitalization of $1.78 billion, a PE ratio of 18.28 and a beta of 0.71. The company’s 50-day moving average is $487.82 and its 200-day moving average is $483.69. National Western Life Group, Inc. has a fifty-two week low of $247.25 and a fifty-two week high of $493.00.

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

National Western Life Group 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.