Los Angeles Capital Management & Equity Research Inc. increased its stake in National Western Life Group, Inc. (NASDAQ:NWLI) by 17.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,008 shares of the financial services provider’s stock after purchasing an additional 910 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned 0.17% of National Western Life Group worth $1,920,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. boosted its stake in National Western Life Group by 107.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 387 shares of the financial services provider’s stock worth $124,000 after purchasing an additional 200 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in National Western Life Group by 164.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 476 shares of the financial services provider’s stock worth $152,000 after purchasing an additional 296 shares in the last quarter. Victory Capital Management Inc. boosted its stake in National Western Life Group by 17.5% in the 2nd quarter. Victory Capital Management Inc. now owns 563 shares of the financial services provider’s stock worth $180,000 after purchasing an additional 84 shares in the last quarter. Legal & General Group Plc boosted its stake in National Western Life Group by 3.1% in the 2nd quarter. Legal & General Group Plc now owns 574 shares of the financial services provider’s stock worth $184,000 after purchasing an additional 17 shares in the last quarter. Finally, Airain ltd acquired a new stake in National Western Life Group in the 2nd quarter worth approximately $334,000. Institutional investors own 78.99% of the company’s stock.

WARNING: “National Western Life Group, Inc. (NWLI) Position Increased by Los Angeles Capital Management & Equity Research Inc.” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/09/17/national-western-life-group-inc-nwli-position-increased-by-los-angeles-capital-management-equity-research-inc.html.

Separately, BidaskClub upgraded shares of National Western Life Group from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th.

Shares of National Western Life Group, Inc. (NWLI) opened at 335.00 on Friday. National Western Life Group, Inc. has a 1-year low of $200.43 and a 1-year high of $349.89. The firm has a market capitalization of $1.22 billion, a PE ratio of 11.45 and a beta of 1.47. The company has a 50-day moving average of $336.89 and a 200-day moving average of $320.51.

About National Western Life Group

National Western Life Insurance Company (National Western) is a stock life insurance company. The Company operates in two segments: Domestic Insurance Operations and International Insurance Operations. The products marketed under domestic insurance operations are annuities, universal life insurance and traditional life insurance, which include both term and whole life products.

Institutional Ownership by Quarter for National Western Life Group (NASDAQ:NWLI)

Receive News & Ratings for National Western Life Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Western Life Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.