National Western Life Group (NASDAQ:NWLI) Hits New 52-Week High at $360.76

National Western Life Group, Inc. (NASDAQ:NWLI – Get Rating) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $360.76 and last traded at $360.00, with a volume of 17937 shares changing hands. The stock had previously closed at $267.29.

Analysts Set New Price Targets

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

National Western Life Group Price Performance

The business’s fifty day moving average price is $251.92 and its 200 day moving average price is $250.05. The stock has a market cap of $1.47 billion, a P/E ratio of 18.54 and a beta of 0.79.

National Western Life Group (NASDAQ:NWLI – Get Rating) last issued its quarterly earnings data on Friday, March 10th. The financial services provider reported $3.52 EPS for the quarter. National Western Life Group had a net margin of 13.02% and a return on equity of 3.60%. The business had revenue of $163.07 million during the quarter.

Institutional Investors Weigh In On National Western Life Group

Several hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its position in National Western Life Group by 336.6% in the first quarter. Tower Research Capital LLC TRC now owns 179 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 138 shares during the last quarter. Elkhorn Partners Limited Partnership raised its holdings in National Western Life Group by 100.0% in the 1st quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the financial services provider’s stock valued at $49,000 after buying an additional 100 shares during the last quarter. Citigroup Inc. boosted its position in National Western Life Group by 66.9% during the 1st quarter. Citigroup Inc. now owns 247 shares of the financial services provider’s stock worth $60,000 after buying an additional 99 shares during the period. Rockefeller Capital Management L.P. grew its holdings in National Western Life Group by 416.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 258 shares of the financial services provider’s stock worth $72,000 after acquiring an additional 208 shares during the last quarter. Finally, UBS Group AG increased its position in National Western Life Group by 118.4% in the 3rd quarter. UBS Group AG now owns 297 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 161 shares during the period. Institutional investors and hedge funds own 77.26% of the company’s stock.

National Western Life Group Company Profile

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National Western Life Group, Inc is a holding company, which engages in the provision of life insurance services. It operates through the following segments: Domestic Life Insurance, International Life Insurance, ONL and Affiliates, and Others. The Domestic Life Insurance segment includes annuities, universal life insurance, and traditional life insurance, which include both term and whole life products.