National Western Life Group (NASDAQ:NWLI) Sets New 12-Month High at $498.99

National Western Life Group, Inc. (NASDAQ:NWLI)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $498.99 and last traded at $498.00, with a volume of 14101 shares changing hands. The stock had previously closed at $496.00.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of National Western Life Group in a report on Saturday, June 15th. They issued a “hold” rating for the company.

National Western Life Group Stock Performance

The firm has a market cap of $1.81 billion, a P/E ratio of 11.26 and a beta of 0.72. The firm’s fifty day moving average price is $490.25 and its 200 day moving average price is $487.13.

National Western Life Group (NASDAQ:NWLI) last posted its quarterly earnings results on Thursday, May 9th. The financial services provider reported $20.82 EPS for the quarter. The business had revenue of $197.57 million during the quarter. National Western Life Group had a net margin of 20.22% and a return on equity of 6.40%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of National Western Life Group by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,420 shares of the financial services provider’s stock valued at $8,414,000 after acquiring an additional 67 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in National Western Life Group by 4.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,790 shares of the financial services provider’s stock worth $881,000 after buying an additional 80 shares in the last quarter. Rhumbline Advisers boosted its holdings in National Western Life Group by 2.2% during the third quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock worth $1,718,000 after buying an additional 86 shares in the last quarter. Longfellow Investment Management Co. LLC purchased a new stake in National Western Life Group during the fourth quarter worth $52,000. Finally, Deutsche Bank AG boosted its holdings in National Western Life Group by 16.9% during the third quarter. Deutsche Bank AG now owns 1,099 shares of the financial services provider’s stock worth $481,000 after buying an additional 159 shares in the last quarter. Institutional investors own 81.57% of the company’s stock.

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.