Shares of American National Insurance (NASDAQ:ANAT) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $123.51. American National Insurance shares last traded at $123.37, with a volume of 603 shares trading hands.
Separately, BidaskClub raised Zillow Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 2nd.
The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 14.29 and a beta of 0.69. The business’s 50-day moving average is $117.43.
American National Insurance (NASDAQ:ANAT) last announced its 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 business also recently announced a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Friday, June 7th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Thursday, June 6th. This represents a $3.28 dividend on an annualized basis and a yield of 2.67%.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its stake in American National Insurance by 4.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 657,823 shares of the insurance provider’s stock valued at $83,700,000 after buying an additional 28,601 shares during the last quarter. BlackRock Inc. raised its stake in American National Insurance by 0.5% during the 4th quarter. BlackRock Inc. now owns 425,695 shares of the insurance provider’s stock valued at $54,166,000 after buying an additional 2,077 shares during the last quarter. LSV Asset Management raised its stake in American National Insurance by 40.2% during the 1st quarter. LSV Asset Management now owns 250,163 shares of the insurance provider’s stock valued at $30,224,000 after buying an additional 71,768 shares during the last quarter. Norges Bank purchased a new stake in American National Insurance during the 4th quarter valued at $30,037,000. Finally, Northern Trust Corp raised its stake in American National Insurance by 1.4% during the 4th quarter. Northern Trust Corp now owns 190,234 shares of the insurance provider’s stock valued at $24,207,000 after buying an additional 2,534 shares during the last quarter. Institutional investors and hedge funds own 63.05% of the company’s stock.
American National Insurance Company Profile (NASDAQ:ANAT)
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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