American National Insurance Company (ANAT) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System trimmed its stake in shares of American National Insurance Company (NASDAQ:ANAT) by 4.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,061 shares of the insurance provider’s stock after selling 1,900 shares during the quarter. California Public Employees Retirement System owned approximately 0.16% of American National Insurance worth $5,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Sei Investments Co. raised its position in shares of American National Insurance by 1.8% during the second quarter. Sei Investments Co. now owns 118,768 shares of the insurance provider’s stock worth $13,835,000 after acquiring an additional 2,114 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in American National Insurance by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 66,142 shares of the insurance provider’s stock worth $7,706,000 after purchasing an additional 2,971 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in American National Insurance by 20.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 53,687 shares of the insurance provider’s stock worth $6,254,000 after purchasing an additional 9,284 shares in the last quarter. Schroder Investment Management Group increased its holdings in American National Insurance by 152.6% in the second quarter. Schroder Investment Management Group now owns 50,157 shares of the insurance provider’s stock worth $5,848,000 after purchasing an additional 30,300 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings in American National Insurance by 2.7% in the second quarter. New York State Common Retirement Fund now owns 38,256 shares of the insurance provider’s stock worth $4,456,000 after purchasing an additional 999 shares in the last quarter. Institutional investors own 65.23% of the company’s stock.

Separately, BidaskClub downgraded American National Insurance from a “hold” rating to a “sell” rating in a report on Thursday, August 10th.

Shares of American National Insurance Company (NASDAQ ANAT) opened at 121.44 on Friday. The firm has a 50-day moving average price of $118.10 and a 200-day moving average price of $117.24. The company has a market capitalization of $3.26 billion, a P/E ratio of 16.82 and a beta of 1.34. American National Insurance Company has a one year low of $110.43 and a one year high of $131.99.

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American National Insurance Profile

American National Insurance Company is engaged in life insurance, annuities, and property and casualty insurance. The Company also offers limited health insurance. Its family of companies includes six life insurance companies, eight property and casualty insurance companies, and various non-insurance subsidiaries.

Institutional Ownership by Quarter for American National Insurance (NASDAQ:ANAT)

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