Vanguard Group Inc. Raises Stake in American National Insurance (ANAT)

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Vanguard Group Inc. lifted its position in American National Insurance (NASDAQ:ANAT) by 2.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 746,329 shares of the insurance provider’s stock after acquiring an additional 14,303 shares during the period. Vanguard Group Inc.’s holdings in American National Insurance were worth $96,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ANAT. Parallel Advisors LLC boosted its position in American National Insurance by 12.4% during the 3rd quarter. Parallel Advisors LLC now owns 3,636 shares of the insurance provider’s stock valued at $470,000 after purchasing an additional 402 shares during the period. People s United Financial Inc. boosted its position in American National Insurance by 14.0% during the 3rd quarter. People s United Financial Inc. now owns 4,042 shares of the insurance provider’s stock valued at $523,000 after purchasing an additional 495 shares during the period. United Services Automobile Association boosted its position in American National Insurance by 15.4% during the 3rd quarter. United Services Automobile Association now owns 4,248 shares of the insurance provider’s stock valued at $549,000 after purchasing an additional 568 shares during the period. Panagora Asset Management Inc. boosted its position in American National Insurance by 5.0% during the 3rd quarter. Panagora Asset Management Inc. now owns 12,958 shares of the insurance provider’s stock valued at $1,675,000 after purchasing an additional 617 shares during the period. Finally, IndexIQ Advisors LLC boosted its position in American National Insurance by 3.9% during the 3rd quarter. IndexIQ Advisors LLC now owns 19,436 shares of the insurance provider’s stock valued at $2,513,000 after purchasing an additional 734 shares during the period. Institutional investors own 62.62% of the company’s stock.

Separately, BidaskClub upgraded American National Insurance from a “hold” rating to a “buy” rating in a research report on Saturday, December 22nd.

NASDAQ:ANAT opened at $137.20 on Thursday. American National Insurance has a 12-month low of $112.89 and a 12-month high of $138.88. The company has a market cap of $3.68 billion, a P/E ratio of 16.61 and a beta of 0.87.

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About American National Insurance

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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Want to see what other hedge funds are holding ANAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American National Insurance (NASDAQ:ANAT).

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

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