Geode Capital Management LLC boosted its stake in shares of American National Insurance (NASDAQ:ANAT) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 112,117 shares of the insurance provider’s stock after acquiring an additional 1,566 shares during the period. Geode Capital Management LLC’s holdings in American National Insurance were worth $14,265,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ANAT. Norges Bank purchased a new position in American National Insurance during the fourth quarter worth approximately $30,037,000. LSV Asset Management raised its stake in American National Insurance by 74.0% during the fourth quarter. LSV Asset Management now owns 178,395 shares of the insurance provider’s stock worth $22,698,000 after purchasing an additional 75,874 shares during the period. Martingale Asset Management L P purchased a new position in American National Insurance during the fourth quarter worth approximately $6,226,000. Morgan Stanley raised its stake in American National Insurance by 2,094.4% during the third quarter. Morgan Stanley now owns 36,559 shares of the insurance provider’s stock worth $4,726,000 after purchasing an additional 34,893 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in American National Insurance by 4.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 657,823 shares of the insurance provider’s stock worth $83,700,000 after purchasing an additional 28,601 shares during the period. 63.02% of the stock is currently owned by institutional investors.

NASDAQ:ANAT opened at $115.46 on Friday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 13.49 and a beta of 0.70. American National Insurance has a fifty-two week low of $112.47 and a fifty-two week high of $155.24.

American National Insurance (NASDAQ:ANAT) last posted its quarterly earnings results on Friday, May 3rd. The insurance provider reported $2.21 earnings per share for the quarter. American National Insurance had a net margin of 10.92% and a return on equity of 4.29%.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Thursday, June 6th.

Separately, BidaskClub raised shares of American National Insurance from a “sell” rating to a “hold” rating in a research note on Tuesday, June 11th.

TRADEMARK VIOLATION NOTICE: “American National Insurance (NASDAQ:ANAT) Holdings Boosted by Geode Capital Management LLC” was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://theolympiareport.com/2019/06/16/american-national-insurance-nasdaqanat-holdings-boosted-by-geode-capital-management-llc.html.

American National Insurance Profile

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.

Featured Article: Do equity income investments outperform growth and income investments?

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)

Receive News & Ratings for American National Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American National Insurance and related companies with MarketBeat.com's FREE daily email newsletter.