Strs Ohio Purchases 600 Shares of National Western Life Group, Inc. (NASDAQ:NWLI)

Strs Ohio boosted its position in National Western Life Group, Inc. (NASDAQ:NWLI) by 75.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,400 shares of the financial services provider’s stock after acquiring an additional 600 shares during the period. Strs Ohio’s holdings in National Western Life Group were worth $676,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in National Western Life Group by 10.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 88,894 shares of the financial services provider’s stock valued at $42,938,000 after acquiring an additional 8,681 shares during the period. Schonfeld Strategic Advisors LLC raised its stake in National Western Life Group by 330.0% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 4,300 shares of the financial services provider’s stock valued at $1,881,000 after acquiring an additional 3,300 shares during the period. Lazard Asset Management LLC bought a new stake in National Western Life Group in the 3rd quarter valued at about $528,000. Assenagon Asset Management S.A. bought a new stake in National Western Life Group in the 3rd quarter valued at about $225,000. Finally, SG Americas Securities LLC bought a new stake in National Western Life Group in the 4th quarter valued at about $209,000. 81.57% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on National Western Life Group in a research note on Saturday, April 20th. They issued a “hold” rating on the stock.

National Western Life Group Stock Down 0.4 %

Shares of NWLI opened at $488.15 on Friday. The business’s 50-day moving average price is $487.82 and its 200-day moving average price is $483.69. National Western Life Group, Inc. has a twelve month low of $247.25 and a twelve month high of $493.00. The stock has a market cap of $1.78 billion, a PE ratio of 18.28 and a beta of 0.71.

National Western Life Group (NASDAQ:NWLI) last announced its quarterly earnings results on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share 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.

National Western Life Group 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.