Round Hill Asset Management trimmed its position in shares of American National Insurance Company (NASDAQ:ANAT) by 1.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,795 shares of the insurance provider’s stock after selling 150 shares during the quarter. American National Insurance accounts for 0.8% of Round Hill Asset Management’s investment portfolio, making the stock its 28th largest holding. Round Hill Asset Management’s holdings in American National Insurance were worth $1,374,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ANAT. Aviance Capital Partners LLC raised its position in shares of American National Insurance by 1.3% during the second quarter. Aviance Capital Partners LLC now owns 13,785 shares of the insurance provider’s stock worth $1,606,000 after purchasing an additional 176 shares during the period. Sei Investments Co. raised its position in shares of American National Insurance by 1.8% during the second quarter. Sei Investments Co. now owns 118,768 shares of the insurance provider’s stock worth $13,835,000 after purchasing an additional 2,114 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of American National Insurance by 20.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 53,687 shares of the insurance provider’s stock worth $6,254,000 after purchasing an additional 9,284 shares during the period. Rhumbline Advisers raised its position in shares of American National Insurance by 47.4% during the second quarter. Rhumbline Advisers now owns 15,376 shares of the insurance provider’s stock worth $1,791,000 after purchasing an additional 4,944 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of American National Insurance during the second quarter worth approximately $124,000. 65.23% of the stock is currently owned by institutional investors.

American National Insurance Company (ANAT) traded down 0.51% during midday trading on Friday, reaching $116.44. The company had a trading volume of 4,334 shares. The company has a 50-day moving average of $117.80 and a 200-day moving average of $117.03. The stock has a market capitalization of $3.13 billion, a PE ratio of 16.13 and a beta of 1.34. American National Insurance Company has a 12-month low of $110.43 and a 12-month high of $131.99.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.28 annualized dividend and a dividend yield of 2.80%. American National Insurance’s dividend payout ratio is presently 45.37%.

Separately, BidaskClub lowered American National Insurance from a “hold” rating to a “sell” rating in a research report on Monday, July 31st.

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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.

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

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