Boston Partners Has $4.70 Million Position in Amerisafe, Inc. (AMSF)

Boston Partners boosted its position in Amerisafe, Inc. (NASDAQ:AMSF) by 3.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,058 shares of the insurance provider’s stock after buying an additional 2,684 shares during the period. Boston Partners’ holdings in Amerisafe were worth $4,696,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Texas Permanent School Fund raised its stake in Amerisafe by 3.8% in the 1st quarter. Texas Permanent School Fund now owns 13,084 shares of the insurance provider’s stock valued at $777,000 after purchasing an additional 474 shares during the last quarter. Comerica Bank raised its stake in Amerisafe by 3.2% in the 1st quarter. Comerica Bank now owns 20,391 shares of the insurance provider’s stock valued at $1,187,000 after purchasing an additional 638 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Amerisafe by 2,030.4% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 103,665 shares of the insurance provider’s stock valued at $6,158,000 after purchasing an additional 98,799 shares during the last quarter. Rhumbline Advisers raised its stake in Amerisafe by 1.6% in the 1st quarter. Rhumbline Advisers now owns 67,371 shares of the insurance provider’s stock valued at $4,002,000 after purchasing an additional 1,031 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in Amerisafe by 69.3% in the 1st quarter. SG Americas Securities LLC now owns 9,075 shares of the insurance provider’s stock valued at $539,000 after purchasing an additional 3,714 shares during the last quarter.

In other news, CFO Neal Andrew Fuller sold 578 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $61.76, for a total transaction of $35,697.28. Following the completion of the transaction, the chief financial officer now owns 20,341 shares of the company’s stock, valued at approximately $1,256,260.16. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Kathryn Housh Shirley sold 1,284 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $61.53, for a total transaction of $79,004.52. Following the transaction, the executive vice president now directly owns 10,569 shares of the company’s stock, valued at approximately $650,310.57. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,553 shares of company stock valued at $218,698. Corporate insiders own 1.70% of the company’s stock.

Shares of AMSF stock opened at $60.31 on Thursday. Amerisafe, Inc. has a twelve month low of $50.46 and a twelve month high of $67.96. The stock has a market capitalization of $1.16 billion, a P/E ratio of 15.62 and a beta of 0.50.

Amerisafe (NASDAQ:AMSF) last announced its earnings results on Wednesday, May 1st. The insurance provider reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.14. Amerisafe had a net margin of 19.76% and a return on equity of 17.34%. The firm had revenue of $92.97 million during the quarter, compared to the consensus estimate of $93.62 million. Equities analysts expect that Amerisafe, Inc. will post 3.23 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, June 6th. Amerisafe’s dividend payout ratio is currently 25.91%.

Several brokerages recently weighed in on AMSF. BidaskClub raised shares of Amerisafe from a “sell” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research raised shares of Amerisafe from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a research note on Tuesday, January 29th. ValuEngine downgraded shares of Amerisafe from a “buy” rating to a “hold” rating in a research note on Wednesday, March 20th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Amerisafe in a research note on Thursday, May 2nd. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $66.33.

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About Amerisafe

AMERISAFE, Inc, an insurance holding company, underwrites 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 provides workers' compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, agriculture, maritime, and oil and gas.

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Institutional Ownership by Quarter for Amerisafe (NASDAQ:AMSF)

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