Atlantic American (NASDAQ:AAME) was downgraded by stock analysts at TheStreet from a “b” rating to a “c+” rating in a research report issued to clients and investors on Thursday.

Separately, ValuEngine raised Atlantic American from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.

Shares of Atlantic American (AAME) opened at $3.35 on Thursday. The company has a market capitalization of $68.37, a P/E ratio of 23.93 and a beta of 0.43. Atlantic American has a 52 week low of $3.00 and a 52 week high of $4.20.

Atlantic American (NASDAQ:AAME) last announced its quarterly earnings results on Tuesday, November 14th. The financial services provider reported $0.02 EPS for the quarter. The business had revenue of $44.80 million for the quarter. Atlantic American had a negative return on equity of 0.28% and a net margin of 1.93%.

A hedge fund recently raised its stake in Atlantic American stock. Northern Trust Corp increased its stake in shares of Atlantic American Co. (NASDAQ:AAME) by 5.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,370 shares of the financial services provider’s stock after purchasing an additional 2,820 shares during the period. Northern Trust Corp owned 0.27% of Atlantic American worth $207,000 as of its most recent SEC filing. Institutional investors and hedge funds own 5.17% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “TheStreet Lowers Atlantic American (AAME) to C+” was first published by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/01/13/thestreet-lowers-atlantic-american-aame-to-c.html.

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.

Receive News & Ratings for Atlantic American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlantic American and related companies with MarketBeat.com's FREE daily email newsletter.