American National Insurance (NASDAQ:ANAT) was upgraded by stock analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Monday, February 4th.
Shares of NASDAQ ANAT traded up $1.57 on Monday, hitting $148.76. The company had a trading volume of 34,802 shares, compared to its average volume of 27,443. American National Insurance has a 12-month low of $112.89 and a 12-month high of $155.24. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 18.55 and a beta of 0.85.
A number of institutional investors and hedge funds have recently modified their holdings of ANAT. Doyle Wealth Management purchased a new position in American National Insurance in the fourth quarter valued at about $26,000. Acadian Asset Management LLC purchased a new position in American National Insurance in the fourth quarter valued at about $73,000. Quantamental Technologies LLC bought a new position in American National Insurance during the 4th quarter worth approximately $89,000. O Shaughnessy Asset Management LLC lifted its holdings in American National Insurance by 55.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 975 shares of the insurance provider’s stock worth $124,000 after buying an additional 349 shares during the last quarter. Finally, Omnia Family Wealth LLC lifted its holdings in American National Insurance by 115.4% during the 4th quarter. Omnia Family Wealth LLC now owns 1,247 shares of the insurance provider’s stock worth $159,000 after buying an additional 668 shares during the last quarter. 62.40% of the stock is owned by hedge funds and other institutional investors.
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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