Schroder Investment Management Group Has $21.57 Million Position in Amerisafe, Inc. (AMSF)

Schroder Investment Management Group trimmed its position in Amerisafe, Inc. (NASDAQ:AMSF) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 364,416 shares of the insurance provider’s stock after selling 17,349 shares during the period. Schroder Investment Management Group owned approximately 1.89% of Amerisafe worth $21,573,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Rhumbline Advisers grew its position in Amerisafe by 3.4% in the 2nd quarter. Rhumbline Advisers now owns 61,538 shares of the insurance provider’s stock valued at $3,554,000 after buying an additional 2,044 shares during the last quarter. Principal Financial Group Inc. grew its position in Amerisafe by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 147,518 shares of the insurance provider’s stock valued at $8,150,000 after buying an additional 3,514 shares during the last quarter. Royal Bank of Canada grew its position in Amerisafe by 1.4% in the 1st quarter. Royal Bank of Canada now owns 1,065,782 shares of the insurance provider’s stock valued at $58,884,000 after buying an additional 15,112 shares during the last quarter. Legal & General Group Plc grew its position in Amerisafe by 2.5% in the 1st quarter. Legal & General Group Plc now owns 35,735 shares of the insurance provider’s stock valued at $1,972,000 after buying an additional 867 shares during the last quarter. Finally, Barclays PLC grew its position in Amerisafe by 36.3% in the 1st quarter. Barclays PLC now owns 7,658 shares of the insurance provider’s stock valued at $423,000 after buying an additional 2,039 shares during the last quarter.

A number of research firms recently weighed in on AMSF. Zacks Investment Research upgraded shares of Amerisafe from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a research report on Wednesday. BidaskClub upgraded shares of Amerisafe from a “sell” rating to a “hold” rating in a research report on Tuesday. Keefe, Bruyette & Woods set a $61.00 price objective on shares of Amerisafe and gave the company a “hold” rating in a research report on Thursday, August 2nd. Boenning Scattergood reiterated a “hold” rating on shares of Amerisafe in a research report on Thursday, August 2nd. Finally, JMP Securities lifted their price objective on shares of Amerisafe from $65.00 to $67.00 and gave the company a “market outperform” rating in a research report on Thursday, August 2nd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Amerisafe has a consensus rating of “Buy” and a consensus price target of $67.00.

Shares of NASDAQ AMSF opened at $60.26 on Friday. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 19.97 and a beta of 0.70. Amerisafe, Inc. has a one year low of $52.00 and a one year high of $67.82.

Amerisafe (NASDAQ:AMSF) last issued its earnings results on Wednesday, August 1st. The insurance provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.75 by $0.17. The company had revenue of $96.42 million for the quarter, compared to analyst estimates of $93.11 million. Amerisafe had a net margin of 13.35% and a return on equity of 14.28%. As a group, sell-side analysts predict that Amerisafe, Inc. will post 3.35 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 21st. Shareholders of record on Friday, September 7th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, September 6th. This represents a $0.88 annualized dividend and a dividend yield of 1.46%. Amerisafe’s payout ratio is currently 28.57%.

In other Amerisafe news, Director Randy Roach sold 800 shares of the business’s stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $63.50, for a total transaction of $50,800.00. Following the sale, the director now directly owns 8,422 shares in the company, valued at approximately $534,797. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Neal Andrew Fuller sold 2,291 shares of the business’s stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $63.61, for a total transaction of $145,730.51. Following the sale, the chief financial officer now owns 20,919 shares in the company, valued at $1,330,657.59. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Amerisafe Company Profile

AMERISAFE, Inc, an insurance holding company, provides workers' compensation insurance in the United States. Its workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. The company serves small to mid-sized employers involved in construction, trucking, logging and lumber, manufacturing, agriculture, maritime, oil and gas, and other industries through agencies.

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Institutional Ownership by Quarter for Amerisafe (NASDAQ:AMSF)

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