Dimensional Fund Advisors Lp Buys A Little More AMERISAFE, Inc. (AMSF) Stock

During the same quarter in the prior year, the firm posted $0.85 EPS. The company is expected to issue its next earnings report on Wednesday, October 25th. On average, equities research analysts forecast that AMERISAFE, Inc. will post $3.13 earnings per share for the current year. Next quarter's EPS is estimated at $0.83 and the next full year EPS is projected to be $3.06. Can now owns 27,741 shares of the insurance provider's stock valued at $1,799,000 after buying an additional 2,159 shares during the last quarter. The insurance provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.77 by $0.05. The company had revenue of $89.93 million during the quarter, compared to the consensus estimate of $92.33 million. AMERISAFE had a net margin of 17.17% and a return on equity of 14.04%. AMERISAFE's revenue was down 7.8% on a year-over-year basis. During the same period a year ago, the business posted $0.85 EPS.

AMSF has been the subject of several recent research reports. FBR & Co restated an "outperform" rating and set a $64.00 target price (down from $71.00) on shares of AMERISAFE in a research report on Wednesday, May 10th. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/08/12/alliancebernstein-l-p-sells-1300-shares-of-amerisafe-inc-amsf-updated-updated-updated.html. Finally, BidaskClub cut shares of AMERISAFE from a "buy" rating to a "hold" rating in a research note on Wednesday, July 12th. The stock was purchased at an average cost of $51.54 per share, with a total value of $80,093.16. The institutional investor owned 32,313 shares of the insurance provider's stock after selling 1,300 shares during the period. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jared A. Morris purchased 2,500 shares of the stock in a transaction that occurred on Tuesday, May 30th. US Bancorp DE now owns 2,510 shares of the insurance provider's stock valued at $162,000 after buying an additional 202 shares in the last quarter. Following the completion of the purchase, the director now owns 10,336 shares of the company's stock, valued at approximately $539,022.40. The disclosure for this sale can be found here. Insiders purchased a total of 6,054 shares of company stock worth $311,443 in the last ninety days.

Hedge funds have recently made changes to their positions in the company. Suntrust Banks Inc. boosted its stake in shares of AMERISAFE by 4.1% in the first quarter. Louisiana State Employees Retirement System now owns 7,800 shares of the insurance provider's stock worth $506,000 after buying an additional 100 shares during the period. Tygh Capital Management Inc. boosted its stake in shares of AMERISAFE by 4.0% in the first quarter. Aberdeen Asset Management PLC UK now owns 665,198 shares of the insurance provider's stock worth $43,172,000 after buying an additional 97,108 shares during the period. Victory Capital Management Inc. increased its position in AMERISAFE by 10.7% in the first quarter. Legal & General Group Plc's holdings in AMERISAFE were worth $2,064,000 at the end of the most recent reporting period. (AMSF) traded up 0.35% during midday trading on Thursday, reaching $57.25. The stock had a trading volume of 68,846 shares.

The company now has a P/E ratio of 16.49 and market cap is 1.08B.

It is now trading at $56.55 which is slightly below the 50 day moving average which is $56.68 and which is significantly lower than the 200 day moving average of $59.60. AMERISAFE, Inc. also recently declared a dividend for shareholders payable on Friday the 22nd of September 2017. Stockholders of record on Friday, September 8th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 7th. The dividend will be $0.200 per share for the quarter which comes to $0.80 on an annualized basis. AMERISAFE's dividend payout ratio (DPR) is 23.32%.

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Alliancebernstein L.P. reduced its stake in AMERISAFE, Inc. The Company is engaged in providing workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. It is engaged in underwriting the workers' compensation exposures inherent in these industries.

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