Amerisafe (NASDAQ:AMSF)‘s stock had its “hold” rating reaffirmed by equities research analysts at Boenning Scattergood in a research note issued to investors on Tuesday.
Several other research analysts also recently commented on the company. B. Riley reiterated a “buy” rating on shares of Amerisafe in a report on Monday, November 6th. BidaskClub downgraded Amerisafe from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $66.00.
Amerisafe (NASDAQ:AMSF) opened at $56.00 on Tuesday. The company has a market capitalization of $1,111.34, a PE ratio of 18.69 and a beta of 0.81. Amerisafe has a twelve month low of $51.20 and a twelve month high of $67.82.
A number of large investors have recently made changes to their positions in AMSF. Victory Capital Management Inc. increased its holdings in Amerisafe by 640.6% during the 4th quarter. Victory Capital Management Inc. now owns 756,815 shares of the insurance provider’s stock valued at $46,620,000 after purchasing an additional 654,632 shares during the period. American Century Companies Inc. increased its holdings in Amerisafe by 68.9% during the 3rd quarter. American Century Companies Inc. now owns 369,860 shares of the insurance provider’s stock valued at $21,526,000 after purchasing an additional 150,876 shares during the period. Neuberger Berman Group LLC increased its holdings in Amerisafe by 7.6% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,312,660 shares of the insurance provider’s stock valued at $76,397,000 after purchasing an additional 92,819 shares during the period. Assenagon Asset Management S.A. purchased a new position in Amerisafe during the 4th quarter valued at about $3,640,000. Finally, First Trust Advisors LP increased its holdings in Amerisafe by 429.8% during the 3rd quarter. First Trust Advisors LP now owns 58,794 shares of the insurance provider’s stock valued at $3,422,000 after purchasing an additional 47,697 shares during the period. Institutional investors own 99.52% of the company’s stock.
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Amerisafe Company Profile
Amerisafe, Inc is an insurance holding company. 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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