American National Group (NASDAQ:ANAT) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of American National Group (NASDAQ:ANATGet Rating) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the insurance provider’s stock.

NASDAQ:ANAT opened at $190.02 on Tuesday. The business’s 50-day moving average price is $189.62 and its two-hundred day moving average price is $189.19. American National Group has a twelve month low of $144.35 and a twelve month high of $195.89.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Versor Investments LP raised its holdings in shares of American National Group by 16.4% during the 1st quarter. Versor Investments LP now owns 531,661 shares of the insurance provider’s stock valued at $100,532,000 after buying an additional 74,822 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of American National Group by 8.9% during the 4th quarter. Geode Capital Management LLC now owns 200,763 shares of the insurance provider’s stock valued at $37,912,000 after buying an additional 16,378 shares in the last quarter. Millennium Management LLC raised its holdings in shares of American National Group by 131.1% during the 4th quarter. Millennium Management LLC now owns 196,716 shares of the insurance provider’s stock valued at $37,148,000 after buying an additional 111,577 shares in the last quarter. Glazer Capital LLC raised its holdings in shares of American National Group by 8,804.9% during the 1st quarter. Glazer Capital LLC now owns 184,777 shares of the insurance provider’s stock valued at $34,939,000 after buying an additional 182,702 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of American National Group by 12,599.2% during the 1st quarter. Bank of Montreal Can now owns 171,185 shares of the insurance provider’s stock valued at $32,378,000 after buying an additional 169,837 shares in the last quarter. 65.41% of the stock is currently owned by institutional investors.

About American National Group (Get Rating)

American National Group, Inc, together with its subsidiaries, provides life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products in the United States, the District of Columbia, and Puerto Rico. It operates through five segments: Life, Annuity, Health, Property and Casualty, and Corporate and Other.

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