Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp Has $1.40 Million Holdings in American National Insurance (ANAT)

Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its stake in shares of American National Insurance (NASDAQ:ANAT) by 10.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,000 shares of the insurance provider’s stock after purchasing an additional 1,000 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in American National Insurance were worth $1,400,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ANAT. Bank of New York Mellon Corp increased its holdings in American National Insurance by 16.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 84,478 shares of the insurance provider’s stock valued at $10,103,000 after purchasing an additional 11,948 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in American National Insurance by 3.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 20,943 shares of the insurance provider’s stock valued at $2,707,000 after purchasing an additional 792 shares during the last quarter. Wells Fargo & Company MN increased its holdings in American National Insurance by 47.7% in the 3rd quarter. Wells Fargo & Company MN now owns 74,727 shares of the insurance provider’s stock valued at $9,661,000 after purchasing an additional 24,126 shares during the last quarter. American Century Companies Inc. acquired a new stake in American National Insurance in the 3rd quarter valued at approximately $2,169,000. Finally, JPMorgan Chase & Co. increased its holdings in American National Insurance by 32.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,729 shares of the insurance provider’s stock valued at $611,000 after purchasing an additional 1,149 shares during the last quarter. Hedge funds and other institutional investors own 63.79% of the company’s stock.

Separately, BidaskClub downgraded shares of American National Insurance from a “hold” rating to a “sell” rating in a report on Tuesday, March 19th.

American National Insurance stock opened at $123.08 on Monday. American National Insurance has a fifty-two week low of $113.46 and a fifty-two week high of $155.24. The company has a market capitalization of $3.31 billion, a P/E ratio of 15.42 and a beta of 0.83.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 11th were paid a $0.82 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $3.28 annualized dividend and a dividend yield of 2.66%.

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

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