Virginia Retirement Systems ET AL cut its stake in shares of American National Insurance (NASDAQ:ANAT) by 5.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,400 shares of the insurance provider‚Äôs stock after selling 400 shares during the quarter. Virginia Retirement Systems ET AL‚Äôs holdings in American National Insurance were worth $827,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Meadow Creek Investment Management LLC grew its stake in shares of American National Insurance by 337.5% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 1,190 shares of the insurance provider‚Äôs stock valued at $142,000 after acquiring an additional 918 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of American National Insurance by 2,098.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,319 shares of the insurance provider‚Äôs stock valued at $158,000 after acquiring an additional 1,259 shares during the period. Rehmann Capital Advisory Group lifted its holdings in American National Insurance by 5,288.9% in the 2nd quarter. Rehmann Capital Advisory Group now owns 1,455 shares of the insurance provider‚Äôs stock worth $174,000 after purchasing an additional 1,428 shares in the last quarter. Barings LLC purchased a new position in American National Insurance in the 2nd quarter worth approximately $206,000. Finally, Greenwich Wealth Management LLC purchased a new position in American National Insurance in the 2nd quarter worth approximately $212,000. Institutional investors own 65.72% of the company‚Äôs stock.
NASDAQ ANAT opened at $126.95 on Friday. American National Insurance has a 12 month low of $112.89 and a 12 month high of $134.03. The company has a market capitalization of $3.41 billion, a P/E ratio of 15.39 and a beta of 1.07.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 21st. Investors of record on Friday, December 7th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $3.28 dividend on an annualized basis and a yield of 2.58%.
Separately, BidaskClub cut American National Insurance from a ‚Äúbuy‚ÄĚ rating to a ‚Äúhold‚ÄĚ rating in a report on Wednesday, August 29th.
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American National Insurance Profile
American National Insurance Company, together with its subsidiaries, provides various insurance products and services in the United States, the District of Columbia, and Puerto Rico. The company’s Life segment offers whole life, term life, universal life, variable universal life, and credit life insurance products.
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