WINTON GROUP Ltd Raises Stock Holdings in AMERISAFE, Inc. (NASDAQ:AMSF)

WINTON GROUP Ltd grew its holdings in AMERISAFE, Inc. (NASDAQ:AMSF) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,859 shares of the insurance provider’s stock after buying an additional 690 shares during the quarter. WINTON GROUP Ltd owned 0.11% of AMERISAFE worth $1,127,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AMSF. Vanguard Group Inc. boosted its holdings in AMERISAFE by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 1,393,807 shares of the insurance provider’s stock worth $71,837,000 after buying an additional 50,441 shares during the last quarter. State Street Corp boosted its stake in shares of AMERISAFE by 8.5% in the third quarter. State Street Corp now owns 811,561 shares of the insurance provider’s stock worth $39,223,000 after acquiring an additional 63,638 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of AMERISAFE by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 661,795 shares of the insurance provider’s stock worth $34,109,000 after acquiring an additional 21,799 shares during the last quarter. Geode Capital Management LLC increased its position in shares of AMERISAFE by 1.4% during the third quarter. Geode Capital Management LLC now owns 453,539 shares of the insurance provider’s stock worth $21,924,000 after purchasing an additional 6,166 shares in the last quarter. Finally, Royce & Associates LP acquired a new position in AMERISAFE in the 4th quarter valued at $15,738,000. 97.41% of the stock is currently owned by hedge funds and other institutional investors.

AMERISAFE Price Performance

AMSF opened at $52.67 on Friday. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 16.46 and a beta of 0.33. The company’s 50 day simple moving average is $50.69 and its two-hundred day simple moving average is $52.02. AMERISAFE, Inc. has a 1-year low of $41.97 and a 1-year high of $60.24.

AMERISAFE (NASDAQ:AMSF) last announced its quarterly earnings data on Wednesday, February 26th. The insurance provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The firm had revenue of $73.51 million during the quarter, compared to analyst estimates of $77.37 million. AMERISAFE had a net margin of 19.49% and a return on equity of 16.50%. On average, equities analysts anticipate that AMERISAFE, Inc. will post 2.45 earnings per share for the current fiscal year.

AMERISAFE Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a dividend of $0.39 per share. The ex-dividend date was Friday, March 7th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.96%. AMERISAFE’s payout ratio is currently 53.98%.

About AMERISAFE

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.