National Western Life Group (NWLI) Upgraded at ValuEngine

National Western Life Group (NWLI) Upgraded at ValuEngine

ValuEngine upgraded shares of National Western Life Group (NASDAQ:NWLI) from a sell rating to a hold rating in a research note issued to investors on Monday, ValuEngine reports.

Separately, BidaskClub lowered National Western Life Group from a hold rating to a sell rating in a report on Tuesday, February 5th.

National Western Life Group stock opened at $276.13 on Monday. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 8.12 and a beta of 1.07. National Western Life Group has a fifty-two week low of $252.49 and a fifty-two week high of $335.00.

National Western Life Group (NASDAQ:NWLI) last posted its earnings results on Thursday, February 28th. The financial services provider reported $5.53 earnings per share for the quarter. The company had revenue of $42.49 million for the quarter. National Western Life Group had a return on equity of 6.16% and a net margin of 19.14%.

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in National Western Life Group by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 251,144 shares of the financial services provider’s stock valued at $65,918,000 after purchasing an additional 3,356 shares during the last quarter. Vanguard Group Inc boosted its stake in shares of National Western Life Group by 2.3% during the third quarter. Vanguard Group Inc now owns 197,924 shares of the financial services provider’s stock valued at $63,178,000 after acquiring an additional 4,357 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of National Western Life Group by 2.3% during the third quarter. Vanguard Group Inc. now owns 197,924 shares of the financial services provider’s stock valued at $63,178,000 after acquiring an additional 4,357 shares during the last quarter. BlackRock Inc. boosted its stake in shares of National Western Life Group by 3.1% during the fourth quarter. BlackRock Inc. now owns 160,131 shares of the financial services provider’s stock valued at $48,153,000 after acquiring an additional 4,882 shares during the last quarter. Finally, RK Asset Management LLC boosted its stake in shares of National Western Life Group by 1.1% during the first quarter. RK Asset Management LLC now owns 55,785 shares of the financial services provider’s stock valued at $14,642,000 after acquiring an additional 592 shares during the last quarter. 79.61% of the stock is currently owned by institutional investors.

About National Western Life Group

National Western Life Group, Inc, through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, and Annuities segments. The company provides life insurance products for the savings and protection needs of policyholders; and annuity contracts for the asset accumulation and retirement needs of contract holders.

Featured Article: Roth IRA

To view ValuEngine’s full report, visit ValuEngine’s official website.

Related posts

Leave a Comment