American National Insurance (ANAT) Holdings Trimmed by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC cut its holdings in shares of American National Insurance (NASDAQ:ANAT) by 15.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,385 shares of the insurance provider’s stock after selling 1,752 shares during the period. TIAA CREF Investment Management LLC’s holdings in American National Insurance were worth $1,213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Northern Trust Corp raised its stake in shares of American National Insurance by 90.3% in the 2nd quarter. Northern Trust Corp now owns 185,593 shares of the insurance provider’s stock valued at $22,195,000 after purchasing an additional 88,053 shares during the period. BlackRock Inc. raised its stake in shares of American National Insurance by 23.5% in the 2nd quarter. BlackRock Inc. now owns 429,275 shares of the insurance provider’s stock valued at $51,338,000 after purchasing an additional 81,753 shares during the period. Aperio Group LLC raised its stake in shares of American National Insurance by 12.9% in the 3rd quarter. Aperio Group LLC now owns 384,002 shares of the insurance provider’s stock valued at $49,648,000 after purchasing an additional 43,865 shares during the period. Schroder Investment Management Group increased its position in shares of American National Insurance by 43.3% in the second quarter. Schroder Investment Management Group now owns 140,057 shares of the insurance provider’s stock valued at $16,559,000 after acquiring an additional 42,319 shares during the last quarter. Finally, LSV Asset Management increased its position in shares of American National Insurance by 41.4% in the third quarter. LSV Asset Management now owns 102,521 shares of the insurance provider’s stock valued at $13,254,000 after acquiring an additional 30,021 shares during the last quarter. Hedge funds and other institutional investors own 62.94% of the company’s stock.

Shares of NASDAQ:ANAT traded up $0.26 during midday trading on Monday, reaching $142.33. The company had a trading volume of 698 shares, compared to its average volume of 27,039. The company has a market cap of $3.82 billion, a P/E ratio of 17.22 and a beta of 0.85. American National Insurance has a 1-year low of $112.89 and a 1-year high of $142.99.

Separately, BidaskClub raised American National Insurance from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 4th.

TRADEMARK VIOLATION NOTICE: “American National Insurance (ANAT) Holdings Trimmed by TIAA CREF Investment Management LLC” was first published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at https://transcriptdaily.com/2019/02/11/american-national-insurance-anat-holdings-trimmed-by-tiaa-cref-investment-management-llc.html.

American National Insurance Company 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.

Further Reading: Liquidity

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.

Leave a Reply