American Century Companies Inc. lowered its holdings in National Western Life Group, Inc. (NASDAQ:NWLI) by 24.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,909 shares of the financial services provider’s stock after selling 1,281 shares during the period. American Century Companies Inc. owned approximately 0.11% of National Western Life Group worth $1,364,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in NWLI. Fiera Capital Corp boosted its stake in shares of National Western Life Group by 38.2% in the second quarter. Fiera Capital Corp now owns 13,274 shares of the financial services provider’s stock valued at $4,242,000 after purchasing an additional 3,669 shares during the period. Laurion Capital Management LP purchased a new position in shares of National Western Life Group in the second quarter valued at $258,000. Prudential Financial Inc. boosted its stake in shares of National Western Life Group by 10.8% in the second quarter. Prudential Financial Inc. now owns 14,271 shares of the financial services provider’s stock valued at $4,561,000 after purchasing an additional 1,394 shares during the period. First Trust Advisors LP purchased a new position in shares of National Western Life Group in the second quarter valued at $1,749,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of National Western Life Group by 4.2% in the second quarter. Dimensional Fund Advisors LP now owns 195,854 shares of the financial services provider’s stock valued at $62,599,000 after purchasing an additional 7,820 shares during the period. 79.79% of the stock is owned by institutional investors.

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

National Western Life Group, Inc. (NASDAQ:NWLI) opened at $354.58 on Wednesday. The firm has a market cap of $1,260.24, a price-to-earnings ratio of 14.30 and a beta of 1.47. National Western Life Group, Inc. has a 52 week low of $259.00 and a 52 week high of $368.00.

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

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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.

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

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