Wolverine Asset Management LLC Invests $1.61 Million in National Western Life Group, Inc. (NASDAQ:NWLI)

Wolverine Asset Management LLC purchased a new position in shares of National Western Life Group, Inc. (NASDAQ:NWLI) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,332 shares of the financial services provider’s stock, valued at approximately $1,609,000.

Other large investors also recently made changes to their positions in the company. Rhumbline Advisers boosted its position 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 purchasing an additional 86 shares during the period. Deutsche Bank AG boosted its holdings in shares of National Western Life Group by 16.9% during the 3rd 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 during the period. FCA Corp TX boosted its holdings in shares of National Western Life Group by 2.1% during the 3rd quarter. FCA Corp TX now owns 10,563 shares of the financial services provider’s stock worth $4,621,000 after buying an additional 217 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of National Western Life Group during the 4th quarter worth $168,000. Finally, SG Americas Securities LLC bought a new stake in National Western Life Group during the fourth quarter valued at about $209,000. Institutional investors own 81.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of National Western Life Group in a report on Saturday, April 20th. They set a “hold” rating for the company.

National Western Life Group Price Performance

Shares of National Western Life Group stock opened at $490.05 on Thursday. The firm has a fifty day moving average price of $487.71 and a two-hundred day moving average price of $483.65. National Western Life Group, Inc. has a fifty-two week low of $246.10 and a fifty-two week high of $493.00. The company has a market cap of $1.78 billion, a PE ratio of 18.35 and a beta of 0.71.

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 return on equity of 3.96% and a net margin of 13.05%. The firm had revenue of $207.87 million during 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.