5 hours Ago By ABMN Staff
Legal & General Group Plc decreased its position in AMERISAFE, Inc. ( NASDAQ:AMSF – Free Report ) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 56,452 shares of the insurance provider’s stock after selling 1,510 shares during the quarter. Legal & General Group Plc owned 0.30% of AMERISAFE worth $2,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its holdings in shares of AMERISAFE by 70.6% in the third quarter.
Jane Street Group LLC now owns 41,299 shares of the insurance provider’s stock valued at $1,996,000 after purchasing an additional 17,084 shares in the last quarter. Barclays PLC grew its stake in shares of AMERISAFE by 365.6% in the 3rd quarter.
Barclays PLC now owns 33,219 shares of the insurance provider’s stock worth $1,605,000 after buying an additional 26,084 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of AMERISAFE by 1.4% in the 3rd quarter.
Geode Capital Management LLC now owns 453,539 shares of the insurance provider’s stock worth $21,924,000 after buying an additional 6,166 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of AMERISAFE during the 3rd quarter valued at about $200,000. Finally, JPMorgan Chase & Co.
lifted its holdings in shares of AMERISAFE by 17.5% in the 3rd quarter. JPMorgan Chase & Co.
now owns 34,726 shares of the insurance provider’s stock valued at $1,678,000 after acquiring an additional 5,168 shares during the last quarter. 97.41% of the stock is owned by hedge funds and other institutional investors.
AMERISAFE Price Performance Shares of NASDAQ AMSF opened at $49.25 on Thursday. AMERISAFE, Inc.
has a 1-year low of $41.97 and a 1-year high of $60.24.
The business’s 50 day moving average is $50.49 and its two-hundred day moving average is $52.18.
The stock has a market capitalization of $938.21 million, a P/E ratio of 15.39 and a beta of 0.
34. AMERISAFE Cuts Dividend The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a $0.
39 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.
56 annualized dividend and a dividend yield of 3.17%. AMERISAFE’s dividend payout ratio (DPR) is presently 53.
98%. AMERISAFE Company Profile ( Free Report ) AMERISAFE, Inc, an insurance holding company, underwrites workers’ compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses.
It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. Featured Stories Receive News & Ratings for AMERISAFE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMERISAFE and related companies with MarketBeat.com's FREE daily email newsletter .
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