American National Insurance (ANAT) Shares Bought by Greenleaf Trust

Greenleaf Trust boosted its stake in American National Insurance (NASDAQ:ANAT) by 63.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 8,947 shares of the insurance provider’s stock after acquiring an additional 3,480 shares during the quarter. Greenleaf Trust’s holdings in American National Insurance were worth $1,157,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. FMR LLC purchased a new position in American National Insurance in the 2nd quarter valued at $16,756,000. Millennium Management LLC lifted its holdings in American National Insurance by 1,002.9% in the 1st quarter. Millennium Management LLC now owns 139,180 shares of the insurance provider’s stock valued at $16,278,000 after purchasing an additional 126,561 shares in the last quarter. Aperio Group LLC lifted its holdings in American National Insurance by 37.5% in the 2nd quarter. Aperio Group LLC now owns 340,137 shares of the insurance provider’s stock valued at $40,677,000 after purchasing an additional 92,732 shares in the last quarter. Northern Trust Corp lifted its holdings in American National Insurance by 90.3% in the 2nd quarter. Northern Trust Corp now owns 185,593 shares of the insurance provider’s stock valued at $22,195,000 after purchasing an additional 88,053 shares in the last quarter. Finally, BlackRock Inc. lifted its holdings in American National Insurance by 23.5% in the 2nd quarter. BlackRock Inc. now owns 429,275 shares of the insurance provider’s stock valued at $51,338,000 after purchasing an additional 81,753 shares in the last quarter. 65.44% of the stock is currently owned by hedge funds and other institutional investors.

Shares of ANAT stock opened at $122.40 on Wednesday. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 14.72 and a beta of 1.11. American National Insurance has a fifty-two week low of $112.89 and a fifty-two week high of $134.03.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 21st. Shareholders of record on Friday, December 7th will be issued a $0.82 dividend. The ex-dividend date is Thursday, December 6th. This represents a $3.28 dividend on an annualized basis and a yield of 2.68%.

Separately, BidaskClub upgraded American National Insurance from a “hold” rating to a “buy” rating in a report on Friday, August 17th.

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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