AMERISAFE, Inc. (NASDAQ:AMSF) Shares Acquired by Swiss National Bank

Swiss National Bank lifted its stake in shares of AMERISAFE, Inc. (NASDAQ:AMSFGet Rating) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,500 shares of the insurance provider’s stock after acquiring an additional 800 shares during the period. Swiss National Bank owned 0.24% of AMERISAFE worth $2,417,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Point72 Hong Kong Ltd acquired a new stake in AMERISAFE during the second quarter worth $35,000. Quadrant Capital Group LLC increased its position in shares of AMERISAFE by 256.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 824 shares of the insurance provider’s stock worth $39,000 after purchasing an additional 593 shares during the last quarter. UBS Group AG raised its holdings in AMERISAFE by 248.5% in the 3rd quarter. UBS Group AG now owns 1,150 shares of the insurance provider’s stock valued at $54,000 after buying an additional 820 shares during the period. IFP Advisors Inc lifted its position in AMERISAFE by 20.5% in the third quarter. IFP Advisors Inc now owns 2,296 shares of the insurance provider’s stock valued at $139,000 after buying an additional 390 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in AMERISAFE by 30.9% during the first quarter. Captrust Financial Advisors now owns 2,671 shares of the insurance provider’s stock worth $133,000 after buying an additional 631 shares during the period. Institutional investors and hedge funds own 97.54% of the company’s stock.

AMERISAFE Stock Performance

Shares of AMSF stock opened at $52.82 on Thursday. AMERISAFE, Inc. has a fifty-two week low of $44.72 and a fifty-two week high of $60.49. The company has a 50 day moving average price of $52.52 and a 200 day moving average price of $53.20. The stock has a market capitalization of $1.01 billion, a P/E ratio of 18.28 and a beta of 0.33.

AMERISAFE (NASDAQ:AMSFGet Rating) last posted its quarterly earnings data on Tuesday, February 21st. The insurance provider reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.19. AMERISAFE had a return on equity of 16.87% and a net margin of 18.68%. The business had revenue of $79.76 million for the quarter, compared to analyst estimates of $73.59 million. On average, research analysts forecast that AMERISAFE, Inc. will post 2.9 EPS for the current fiscal year.

AMERISAFE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 23rd. Investors of record on Friday, June 16th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.57%. AMERISAFE’s payout ratio is 47.06%.

Wall Street Analysts Forecast Growth

AMSF has been the topic of several recent analyst reports. initiated coverage on shares of AMERISAFE in a report on Thursday, May 18th. They issued a “hold” rating on the stock. Janney Montgomery Scott started coverage on AMERISAFE in a research note on Friday, February 24th. They set a “neutral” rating and a $58.00 price target on the stock. Finally, TheStreet cut AMERISAFE from a “b-” rating to a “c” rating in a research note on Wednesday, April 26th.


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AMERISAFE, Inc engages the provision of workers’ compensation insurance focused on small to mid-sized employers. The firm covers the construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime industries. The company was founded by Millard E. Morris in 1985 and is headquartered in DeRidder, LA.

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Institutional Ownership by Quarter for AMERISAFE (NASDAQ:AMSF)

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