Quantamental Technologies LLC Purchases Shares of 800 American National Insurance (NASDAQ:ANAT)
Quantamental Technologies LLC acquired a new position in American National Insurance (NASDAQ:ANAT) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 800 shares of the insurance provider’s stock, valued at approximately $93,000.
Several other hedge funds have also modified their holdings of ANAT. Swiss National Bank raised its stake in shares of American National Insurance by 2.0% in the second quarter. Swiss National Bank now owns 15,013 shares of the insurance provider’s stock valued at $1,749,000 after acquiring an additional 300 shares during the period. Stone Ridge Asset Management LLC boosted its stake in shares of American National Insurance by 10.3% in the 2nd quarter. Stone Ridge Asset Management LLC now owns 4,299 shares of the insurance provider’s stock valued at $501,000 after buying an additional 400 shares during the period. Balasa Dinverno & Foltz LLC grew its position in shares of American National Insurance by 5.5% during the first quarter. Balasa Dinverno & Foltz LLC now owns 10,757 shares of the insurance provider’s stock worth $1,300,000 after buying an additional 564 shares in the last quarter. New York State Teachers Retirement System acquired a new position in shares of American National Insurance during the second quarter worth about $82,000. Finally, Shufro Rose & Co. LLC increased its stake in shares of American National Insurance by 4.3% during the second quarter. Shufro Rose & Co. LLC now owns 17,054 shares of the insurance provider’s stock worth $1,986,000 after buying an additional 700 shares during the period. Hedge funds and other institutional investors own 62.91% of the company’s stock.
Shares of ANAT traded down $0.60 on Wednesday, reaching $119.48. The stock had a trading volume of 104 shares, compared to its average volume of 35,304. American National Insurance has a twelve month low of $111.01 and a twelve month high of $155.24. The firm has a market capitalization of $3.19 billion, a PE ratio of 13.29 and a beta of 0.69. The firm has a 50-day moving average of $116.58 and a 200 day moving average of $120.93.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Tuesday, September 10th will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Monday, September 9th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.75%.
Separately, BidaskClub downgraded shares of American National Insurance from a “buy” rating to a “hold” rating in a research report on Friday, August 9th.
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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