RK Asset Management LLC Has $23.77 Million Stock Holdings in National Western Life Group, Inc. (NASDAQ:NWLI)

RK Asset Management LLC lowered its holdings in National Western Life Group, Inc. (NASDAQ:NWLIFree Report) by 9.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,203 shares of the financial services provider’s stock after selling 5,079 shares during the period. National Western Life Group makes up about 19.7% of RK Asset Management LLC’s portfolio, making the stock its largest holding. RK Asset Management LLC owned approximately 1.35% of National Western Life Group worth $23,766,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NWLI. Envestnet Asset Management Inc. acquired a new position in shares of National Western Life Group in the 1st quarter valued at approximately $25,000. Covestor Ltd increased its position in National Western Life Group by 170.8% during the 2nd quarter. Covestor Ltd now owns 65 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 41 shares in the last quarter. Osaic Holdings Inc. increased its position in National Western Life Group by 340.0% during the 2nd quarter. Osaic Holdings Inc. now owns 66 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 51 shares in the last quarter. Tower Research Capital LLC TRC increased its position in National Western Life Group by 336.6% during the 1st quarter. Tower Research Capital LLC TRC now owns 179 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 138 shares in the last quarter. Finally, UBS Group AG increased its position in National Western Life Group by 118.4% during the 3rd quarter. UBS Group AG now owns 297 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 161 shares in the last quarter. Institutional investors own 88.79% of the company’s stock.

National Western Life Group Stock Down 0.1 %

NASDAQ NWLI traded down $0.45 on Friday, hitting $485.55. The company’s stock had a trading volume of 21,079 shares, compared to its average volume of 13,923. National Western Life Group, Inc. has a 1-year low of $226.19 and a 1-year high of $488.90. The company’s 50-day moving average is $484.24 and its 200 day moving average is $475.23. The firm has a market cap of $1.77 billion, a PE ratio of 18.19 and a beta of 0.70.

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

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of National Western Life Group in a research report on Monday, March 11th. They set a “hold” rating for the company.

Check Out Our Latest Report on National Western Life Group

National Western Life Group Profile

(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

Institutional Ownership by Quarter for National Western Life Group (NASDAQ:NWLI)

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