BidaskClub downgraded shares of American National Insurance (NASDAQ:ANAT) from a sell rating to a strong sell rating in a report released on Friday morning.
American National Insurance (ANAT) opened at $120.51 on Friday. The stock has a market cap of $3,245.56, a P/E ratio of 23.49 and a beta of 1.22. American National Insurance has a 1-year low of $110.43 and a 1-year high of $134.03.
Several institutional investors have recently bought and sold shares of ANAT. Teachers Advisors LLC boosted its holdings in American National Insurance by 18.9% during the second quarter. Teachers Advisors LLC now owns 9,685 shares of the insurance provider’s stock worth $1,128,000 after buying an additional 1,542 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in American National Insurance by 16.0% during the third quarter. Wells Fargo & Company MN now owns 50,653 shares of the insurance provider’s stock worth $5,981,000 after buying an additional 6,987 shares in the last quarter. UBS Asset Management Americas Inc. bought a new stake in American National Insurance during the second quarter worth approximately $291,000. New York State Common Retirement Fund boosted its holdings in American National Insurance by 38.0% during the third quarter. New York State Common Retirement Fund now owns 52,799 shares of the insurance provider’s stock worth $6,235,000 after buying an additional 14,543 shares in the last quarter. Finally, Cigna Investments Inc. New bought a new stake in American National Insurance during the fourth quarter worth approximately $485,000. Institutional investors and hedge funds own 65.24% of the company’s stock.
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American National Insurance Company 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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