Westhampton Capital LLC Sells 275 Shares of National Western Life Group, Inc. (NASDAQ:NWLI)

Westhampton Capital LLC cut its holdings in National Western Life Group, Inc. (NASDAQ:NWLI) by 16.2% during the first quarter, Holdings Channel reports. The institutional investor owned 1,425 shares of the financial services provider’s stock after selling 275 shares during the quarter. Westhampton Capital LLC’s holdings in National Western Life Group were worth $701,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NWLI. Deutsche Bank AG lifted its position in National Western Life Group by 16.9% during the third quarter. Deutsche Bank AG now owns 1,099 shares of the financial services provider’s stock valued at $481,000 after purchasing an additional 159 shares during the period. Rhumbline Advisers grew its holdings in shares of National Western Life Group by 2.2% in the third quarter. Rhumbline Advisers now owns 3,926 shares of the financial services provider’s stock worth $1,718,000 after acquiring an additional 86 shares during the period. Schonfeld Strategic Advisors LLC increased its position in National Western Life Group by 330.0% during the third quarter. Schonfeld Strategic Advisors LLC now owns 4,300 shares of the financial services provider’s stock valued at $1,881,000 after acquiring an additional 3,300 shares during the last quarter. Lazard Asset Management LLC bought a new position in National Western Life Group in the third quarter valued at about $528,000. Finally, American Century Companies Inc. boosted its position in National Western Life Group by 3.1% in the third quarter. American Century Companies Inc. now owns 15,076 shares of the financial services provider’s stock worth $6,596,000 after purchasing an additional 451 shares during the last quarter. 81.57% of the stock is currently owned by institutional investors.

National Western Life Group Price Performance

Shares of NWLI stock traded up $0.10 during trading hours on Tuesday, hitting $496.96. The stock had a trading volume of 8,559 shares, compared to its average volume of 18,078. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 11.28 and a beta of 0.75. National Western Life Group, Inc. has a one year low of $403.17 and a one year high of $498.99. The stock’s 50-day moving average price is $490.85 and its two-hundred day moving average price is $487.48.

National Western Life Group (NASDAQ:NWLI) last posted its earnings results on Thursday, May 9th. The financial services provider reported $20.82 EPS for the quarter. National Western Life Group had a return on equity of 6.40% and a net margin of 20.22%. The firm had revenue of $197.57 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of National Western Life Group in a report on Saturday, June 15th. They issued a “hold” rating on the stock.

National Western Life Group Profile

National Western Life Group, Inc, through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company in the United States, Brazil, Taiwan, Peru, Venezuela, Colombia, and internationally. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments.