National Western Life Group (NASDAQ:NWLI) Sees Unusually-High Trading Volume

National Western Life Group, Inc. (NASDAQ:NWLI) shares saw unusually-high trading volume on Tuesday . Approximately 6,049 shares changed hands during trading, a decline of 57% from the previous session’s volume of 14,012 shares.The stock last traded at $491.50 and had previously closed at $490.52.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on National Western Life Group in a research report on Wednesday. They issued a “hold” rating for the company.

National Western Life Group Trading Up 0.1 %

The business has a fifty day moving average price of $485.23 and a two-hundred day moving average price of $476.97. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 18.41 and a beta of 0.70.

National Western Life Group (NASDAQ:NWLI) last announced 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 company had revenue of $207.87 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of NWLI. Swiss National Bank raised its position in National Western Life Group by 5.6% during the first quarter. Swiss National Bank now owns 5,649 shares of the financial services provider’s stock valued at $1,189,000 after acquiring an additional 300 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of National Western Life Group by 20.1% in the first quarter. Bank of New York Mellon Corp now owns 16,489 shares of the financial services provider’s stock worth $3,470,000 after buying an additional 2,760 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of National Western Life Group by 25.4% during the 1st quarter. American Century Companies Inc. now owns 2,221 shares of the financial services provider’s stock worth $467,000 after acquiring an additional 450 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of National Western Life Group by 56.3% during the 1st quarter. MetLife Investment Management LLC now owns 1,624 shares of the financial services provider’s stock valued at $342,000 after acquiring an additional 585 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of National Western Life Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 184,380 shares of the financial services provider’s stock valued at $38,793,000 after acquiring an additional 1,005 shares in the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

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.