Virtu Financial LLC Takes Position in National Western Life Group, Inc. (NASDAQ:NWLI)

Virtu Financial LLC acquired a new stake in National Western Life Group, Inc. (NASDAQ:NWLI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,179 shares of the financial services provider’s stock, valued at approximately $569,000.

Other institutional investors have also modified their holdings of the company. Deutsche Bank AG lifted its stake 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 acquiring an additional 159 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of National Western Life Group by 2.2% during the 3rd quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock worth $1,718,000 after acquiring an additional 86 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of National Western Life Group during the 3rd quarter worth approximately $332,000. Schonfeld Strategic Advisors LLC lifted its stake in shares of National Western Life Group by 330.0% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 4,300 shares of the financial services provider’s stock worth $1,881,000 after acquiring an additional 3,300 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of National Western Life Group during the 3rd quarter worth approximately $528,000. 81.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

National Western Life Group Price Performance

NASDAQ:NWLI opened at $490.03 on Tuesday. National Western Life Group, Inc. has a 1-year low of $367.51 and a 1-year high of $495.38. The company has a 50-day moving average of $489.69 and a 200 day moving average of $486.60. The firm has a market cap of $1.78 billion, a PE ratio of 11.13 and a beta of 0.72.

National Western Life Group (NASDAQ:NWLI) last announced its quarterly earnings results on Thursday, May 9th. The financial services provider reported $20.82 earnings per share for the quarter. The firm 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%.

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 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.