Marshall Wace North America L.P. Takes Position in American National Insurance (NASDAQ:ANAT)

Marshall Wace North America L.P. purchased a new stake in shares of American National Insurance (NASDAQ:ANAT) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,995 shares of the insurance provider’s stock, valued at approximately $483,000.

A number of other institutional investors also recently modified their holdings of ANAT. Doyle Wealth Management purchased a new stake in American National Insurance during the fourth quarter worth $26,000. Cullen Frost Bankers Inc. purchased a new position in American National Insurance during the first quarter valued at $30,000. Enterprise Financial Services Corp lifted its holdings in American National Insurance by 90.6% during the first quarter. Enterprise Financial Services Corp now owns 324 shares of the insurance provider’s stock valued at $39,000 after purchasing an additional 154 shares in the last quarter. Acadian Asset Management LLC purchased a new position in American National Insurance during the fourth quarter valued at $73,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in American National Insurance by 55.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 975 shares of the insurance provider’s stock valued at $124,000 after purchasing an additional 349 shares in the last quarter. Institutional investors and hedge funds own 63.05% of the company’s stock.

Separately, BidaskClub upgraded shares of Zillow Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 2nd.

ANAT stock traded up $0.70 during midday trading on Thursday, reaching $123.01. 45,500 shares of the company were exchanged, compared to its average volume of 46,809. American National Insurance has a 1-year low of $111.21 and a 1-year high of $155.24. The company’s 50-day moving average price is $117.26. The company has a market capitalization of $3.26 billion, a P/E ratio of 14.16 and a beta of 0.69.

American National Insurance (NASDAQ:ANAT) last announced its earnings results on Friday, May 3rd. The insurance provider reported $2.21 EPS for the quarter. American National Insurance had a net margin of 10.92% and a return on equity of 4.29%.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Friday, June 7th were issued a $0.82 dividend. The ex-dividend date was Thursday, June 6th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.67%.

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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Institutional Ownership by Quarter for American National Insurance (NASDAQ:ANAT)

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