Bank of New York Mellon Corp grew its holdings in shares of American National Insurance (NASDAQ:ANAT) by 2.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,692 shares of the insurance provider’s stock after buying an additional 1,550 shares during the quarter. Bank of New York Mellon Corp owned 0.25% of American National Insurance worth $7,993,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ANAT. Donald Smith & CO. Inc. boosted its holdings in American National Insurance by 3.1% during the second quarter. Donald Smith & CO. Inc. now owns 1,017,396 shares of the insurance provider’s stock worth $118,516,000 after purchasing an additional 30,335 shares during the last quarter. Schroder Investment Management Group boosted its holdings in American National Insurance by 152.6% during the second quarter. Schroder Investment Management Group now owns 50,157 shares of the insurance provider’s stock worth $5,848,000 after purchasing an additional 30,300 shares during the last quarter. 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 purchasing an additional 14,543 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in 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 last quarter. Finally, Swiss National Bank boosted its holdings in American National Insurance by 69.6% during the second quarter. Swiss National Bank now owns 22,413 shares of the insurance provider’s stock worth $2,611,000 after purchasing an additional 9,200 shares during the last quarter. Hedge funds and other institutional investors own 65.13% of the company’s stock.

Separately, BidaskClub raised shares of American National Insurance from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st.

Shares of American National Insurance (NASDAQ ANAT) opened at $128.05 on Thursday. The company has a market cap of $3,447.28, a PE ratio of 16.52 and a beta of 1.37. American National Insurance has a 12-month low of $110.43 and a 12-month high of $134.03.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend was Thursday, November 30th. American National Insurance’s dividend payout ratio is 42.32%.

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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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