New York State Common Retirement Fund lowered its stake in shares of National Western Life Group, Inc. (NASDAQ:NWLI) by 3.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,800 shares of the financial services provider’s stock after selling 101 shares during the period. New York State Common Retirement Fund owned approximately 0.08% of National Western Life Group worth $895,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. lifted its holdings in shares of National Western Life Group by 107.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 387 shares of the financial services provider’s stock valued at $124,000 after purchasing an additional 200 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of National Western Life Group by 164.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 476 shares of the financial services provider’s stock valued at $152,000 after purchasing an additional 296 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of National Western Life Group by 17.5% during the 2nd quarter. Victory Capital Management Inc. now owns 563 shares of the financial services provider’s stock valued at $180,000 after purchasing an additional 84 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of National Western Life Group by 3.1% during the 2nd quarter. Legal & General Group Plc now owns 574 shares of the financial services provider’s stock valued at $184,000 after purchasing an additional 17 shares in the last quarter. Finally, Laurion Capital Management LP bought a new position in shares of National Western Life Group during the 2nd quarter valued at about $258,000. Institutional investors and hedge funds own 78.99% of the company’s stock.

National Western Life Group, Inc. (NASDAQ NWLI) opened at $354.03 on Monday. The firm has a market capitalization of $1,287.25, a price-to-earnings ratio of 14.60 and a beta of 1.47.

The company also recently declared an annual dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 8th will be paid a $0.36 dividend. The ex-dividend date is Tuesday, November 7th. This represents a yield of 0.1%. National Western Life Group’s dividend payout ratio (DPR) is presently 1.35%.

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Separately, BidaskClub raised National Western Life Group from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th.

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.

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

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