Northern Trust Corp lowered its stake in National Western Life Group, Inc. (NASDAQ:NWLI) by 0.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 31,282 shares of the financial services provider’s stock after selling 52 shares during the quarter. Northern Trust Corp owned 0.86% of National Western Life Group worth $10,000,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Legal & General Group Plc lifted 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 valued at $184,000 after purchasing an additional 17 shares during the last quarter. Robotti Robert raised its holdings in shares of National Western Life Group by 3.3% during the second quarter. Robotti Robert now owns 1,148 shares of the financial services provider’s stock valued at $355,000 after acquiring an additional 37 shares in the last quarter. Teachers Advisors LLC raised its holdings in shares of National Western Life Group by 1.6% during the second quarter. Teachers Advisors LLC now owns 3,970 shares of the financial services provider’s stock valued at $1,269,000 after acquiring an additional 63 shares in the last quarter. FCA Corp TX raised its holdings in shares of National Western Life Group by 0.7% during the second quarter. FCA Corp TX now owns 10,969 shares of the financial services provider’s stock valued at $3,506,000 after acquiring an additional 76 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of National Western Life Group by 17.5% during the second quarter. Victory Capital Management Inc. now owns 563 shares of the financial services provider’s stock valued at $180,000 after acquiring an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 78.99% of the company’s stock.

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

National Western Life Group, Inc. (NASDAQ:NWLI) opened at $352.70 on Tuesday. National Western Life Group, Inc. has a twelve month low of $210.90 and a twelve month high of $368.00. The company has a market capitalization of $1,220.00, a P/E ratio of 14.60 and a beta of 1.47.

The firm also recently disclosed an annual dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 8th will be issued a $0.36 dividend. This represents a yield of 0.1%. The ex-dividend date is Tuesday, November 7th. National Western Life Group’s payout ratio is currently 1.20%.

ILLEGAL ACTIVITY NOTICE: This article was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark laws. The original version of this article can be read at https://www.thecerbatgem.com/2017/11/07/northern-trust-corp-sells-52-shares-of-national-western-life-group-inc-nwli.html.

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.

Want to see what other hedge funds are holding NWLI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Western Life Group, Inc. (NASDAQ:NWLI).

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

Receive News & Stock 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 stocks with our FREE daily email newsletter.