Tweedy Browne Co. LLC reduced its position in National Western Life Group, Inc. (NASDAQ:NWLI) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,412 shares of the financial services provider’s stock after selling 825 shares during the quarter. National Western Life Group accounts for approximately 0.8% of Tweedy Browne Co. LLC’s investment portfolio, making the stock its 28th largest holding. Tweedy Browne Co. LLC owned approximately 2.38% of National Western Life Group worth $27,619,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in NWLI. Legal & General Group Plc raised its holdings 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 in the last quarter. Robotti Robert raised its holdings 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 in the last quarter. Teachers Advisors LLC raised its holdings in National Western Life Group by 1.6% in the second quarter. Teachers Advisors LLC now owns 3,970 shares of the financial services provider’s stock worth $1,269,000 after purchasing an additional 63 shares in the last quarter. FCA Corp TX raised its holdings 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 in the last quarter. Finally, Victory Capital Management Inc. raised its holdings 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 in the last quarter. Hedge funds and other institutional investors own 78.99% of the company’s stock.

Separately, BidaskClub lowered National Western Life Group from a “buy” rating to a “hold” rating in a research note on Friday, July 28th.

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Shares of National Western Life Group, Inc. (NASDAQ:NWLI) traded up 0.61% during midday trading on Friday, hitting $345.20. The stock had a trading volume of 4,698 shares. National Western Life Group, Inc. has a one year low of $202.49 and a one year high of $349.89. The firm has a 50 day moving average price of $337.11 and a 200 day moving average price of $320.64. The stock has a market cap of $1.26 billion, a PE ratio of 11.80 and a beta of 1.47.

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.

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

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