Atlantic American Co. (AAME) Receives Consensus Recommendation of “” from Analysts
Shares of Atlantic American Co. (NASDAQ:AAME) have been assigned a consensus broker rating score of 0.00 () from the zero brokers that cover the company, Zacks Investment Research reports.
Zacks has also given Atlantic American an industry rank of 201 out of 265 based on the ratings given to related companies.
A hedge fund recently raised its stake in Atlantic American stock. Renaissance Technologies LLC raised its stake in Atlantic American Co. (NASDAQ:AAME) by 1.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,700 shares of the financial services provider’s stock after buying an additional 600 shares during the period. Renaissance Technologies LLC’s holdings in Atlantic American were worth $191,000 as of its most recent SEC filing. Institutional investors own 5.09% of the company’s stock.
Atlantic American (NASDAQ:AAME) remained flat at $3.70 during mid-day trading on Friday. The stock has a market cap of $75.56 million, a P/E ratio of 33.94 and a beta of 0.61. Atlantic American has a 52 week low of $3.06 and a 52 week high of $4.65. The stock has a 50-day moving average price of $3.79 and a 200 day moving average price of $3.84.
The firm also recently announced an annual dividend, which was paid on Monday, April 24th. Stockholders of record on Friday, April 14th were given a dividend of $0.02 per share. This represents a dividend yield of 0.51%. The ex-dividend date was Tuesday, April 11th. Atlantic American’s payout ratio is presently 40.01%.
About Atlantic American
Atlantic American Corporation is a holding company that operates through its subsidiaries in specialty markets within the life and health, and property and casualty insurance industries. The Company’s principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company (together known as American Southern) within the property and casualty insurance industry, and Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company (together known as Bankers Fidelity) within the life and health insurance industry.
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