Westhampton Capital LLC Has $701,000 Position in National Western Life Group, Inc. (NASDAQ:NWLI)

Westhampton Capital LLC lessened its holdings in shares of National Western Life Group, Inc. (NASDAQ:NWLI) by 16.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. 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 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in NWLI. Glazer Capital LLC bought a new stake in shares of National Western Life Group during the 4th quarter worth about $44,735,000. Hsbc Holdings PLC bought a new position in shares of National Western Life Group during the 4th quarter worth about $11,931,000. Tokio Marine Asset Management Co. Ltd. acquired a new stake in National Western Life Group during the fourth quarter worth about $4,975,000. Allspring Global Investments Holdings LLC increased its stake in National Western Life Group by 10.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 88,894 shares of the financial services provider’s stock valued at $42,938,000 after acquiring an additional 8,681 shares during the period. Finally, New York Life Investment Management LLC raised its holdings in National Western Life Group by 234.7% in the 4th quarter. New York Life Investment Management LLC now owns 4,903 shares of the financial services provider’s stock valued at $2,368,000 after acquiring an additional 3,438 shares in the last quarter. 81.57% of the stock is currently owned by institutional investors and hedge funds.

National Western Life Group Stock Up 0.0 %

National Western Life Group stock traded up $0.10 on Tuesday, hitting $496.96. The company’s stock had a trading volume of 8,559 shares, compared to its average volume of 18,078. The company has a fifty day moving average price of $490.85 and a 200-day moving average price of $487.48. National Western Life Group, Inc. has a one year low of $403.17 and a one year high of $498.99. The firm has a market cap of $1.81 billion, a P/E ratio of 11.28 and a beta of 0.75.

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

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on National Western Life Group in a report on Saturday, June 15th. They set 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.