10,300 Shares in National Western Life Group, Inc. (NASDAQ:NWLI) Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. bought a new position in National Western Life Group, Inc. (NASDAQ:NWLI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,300 shares of the financial services provider’s stock, valued at approximately $4,975,000.

A number of other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of National Western Life Group by 3.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 16,382 shares of the financial services provider’s stock valued at $7,167,000 after acquiring an additional 597 shares during the period. Assenagon Asset Management S.A. bought a new stake in National Western Life Group during the third quarter valued at about $225,000. Deutsche Bank AG increased its position in National Western Life Group by 16.9% in the third 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 in the last quarter. Rhumbline Advisers raised its stake in shares of National Western Life Group by 2.2% in the third quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock worth $1,718,000 after buying an additional 86 shares during the period. Finally, FCA Corp TX grew its stake 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 valued at $4,621,000 after acquiring an additional 217 shares during the period. 81.57% of the stock is currently owned by institutional investors.

National Western Life Group Trading Up 0.5 %

National Western Life Group stock traded up $2.52 during mid-day trading on Wednesday, hitting $490.05. The stock had a trading volume of 17,172 shares, compared to its average volume of 15,638. The firm’s 50 day moving average is $487.71 and its 200 day moving average is $483.65. The firm has a market capitalization of $1.78 billion, a P/E ratio of 18.35 and a beta of 0.71. National Western Life Group, Inc. has a one year low of $246.10 and a one year high of $493.00.

National Western Life Group (NASDAQ:NWLI) last released its quarterly earnings data on Thursday, February 29th. The financial services provider reported ($3.46) earnings per share for the quarter. The business had revenue of $207.87 million during the quarter. National Western Life Group had a return on equity of 3.96% and a net margin of 13.05%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of National Western Life Group in a report on Saturday. They set a “hold” rating on the stock.

National Western Life Group Company 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.