Martingale Asset Management L P lowered its holdings in National Western Life Group, Inc. (NASDAQ:NWLI) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,053 shares of the financial services provider’s stock after selling 50 shares during the period. Martingale Asset Management L P owned about 0.14% of National Western Life Group worth $1,616,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Legal & General Group Plc boosted its position in National Western Life Group by 3.1% in the second 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 during the last quarter. Robotti Robert boosted its position in National Western Life Group by 3.3% in the second quarter. Robotti Robert now owns 1,148 shares of the financial services provider’s stock worth $355,000 after purchasing an additional 37 shares during the last quarter. FCA Corp TX boosted its position in National Western Life Group by 0.7% in the second quarter. FCA Corp TX now owns 10,969 shares of the financial services provider’s stock worth $3,506,000 after purchasing an additional 76 shares during the last quarter. Victory Capital Management Inc. boosted its position in National Western Life Group by 17.5% in the second 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 during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in National Western Life Group by 107.0% in the second 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 during the last quarter. 78.99% of the stock is currently owned by institutional investors and hedge funds.

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National Western Life Group, Inc. (NASDAQ NWLI) opened at 343.10 on Friday. National Western Life Group, Inc. has a 12 month low of $202.49 and a 12 month high of $349.89. The stock’s 50 day moving average price is $337.11 and its 200-day moving average price is $320.64. The stock has a market cap of $1.25 billion, a PE ratio of 11.73 and a beta of 1.47.

Separately, BidaskClub raised National Western Life Group from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th.

National Western Life Group Profile

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)

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