Renaissance Technologies LLC decreased its position in American National Insurance (NASDAQ:ANAT) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 185,640 shares of the insurance provider’s stock after selling 1,940 shares during the period. Renaissance Technologies LLC’s holdings in American National Insurance were worth $23,808,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of ANAT. Great West Life Assurance Co. Can lifted its position in shares of American National Insurance by 65.8% during the third quarter. Great West Life Assurance Co. Can now owns 1,824 shares of the insurance provider’s stock worth $214,000 after acquiring an additional 724 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of American National Insurance during the fourth quarter worth $102,000. Swiss National Bank lifted its position in shares of American National Insurance by 4.5% during the fourth quarter. Swiss National Bank now owns 23,413 shares of the insurance provider’s stock worth $3,003,000 after acquiring an additional 1,000 shares in the last quarter. US Bancorp DE lifted its position in shares of American National Insurance by 116.2% during the fourth quarter. US Bancorp DE now owns 2,121 shares of the insurance provider’s stock worth $272,000 after acquiring an additional 1,140 shares in the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of American National Insurance by 2.8% during the fourth quarter. Schroder Investment Management Group now owns 50,857 shares of the insurance provider’s stock worth $6,522,000 after acquiring an additional 1,400 shares in the last quarter. Institutional investors and hedge funds own 66.08% of the company’s stock.
ANAT has been the topic of several recent research reports. BidaskClub downgraded American National Insurance from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. ValuEngine upgraded American National Insurance from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th.
American National Insurance (NASDAQ:ANAT) last posted its earnings results on Tuesday, February 20th. The insurance provider reported $3.03 earnings per share (EPS) for the quarter. The firm had revenue of $924.36 million for the quarter. American National Insurance had a return on equity of 3.53% and a net margin of 14.47%.
The business also recently announced a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Monday, March 5th were given a dividend of $0.82 per share. The ex-dividend date was Friday, March 2nd. This represents a $3.28 annualized dividend and a dividend yield of 2.89%. American National Insurance’s dividend payout ratio is currently 17.91%.
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American National Insurance Profile
American National Insurance Company is engaged in life insurance, annuities, and property and casualty insurance. The Company also offers limited health insurance. Its family of companies includes six life insurance companies, eight property and casualty insurance companies, and various non-insurance subsidiaries.
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