AMERISAFE, Inc. (NASDAQ:AMSF) Shares Sold by Invesco Ltd.

Invesco Ltd. cut its position in AMERISAFE, Inc. (NASDAQ:AMSF - Free Report) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,469 shares of the insurance provider's stock after selling 10,409 shares during the quarter. Invesco Ltd. owned 0.83% of AMERISAFE worth $8,167,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of AMSF. GAMMA Investing LLC boosted its stake in shares of AMERISAFE by 63.4% in the 4th quarter. GAMMA Investing LLC now owns 1,343 shares of the insurance provider's stock valued at $69,000 after buying an additional 521 shares during the period. R Squared Ltd purchased a new stake in shares of AMERISAFE in the fourth quarter valued at about $99,000. KLP Kapitalforvaltning AS purchased a new position in shares of AMERISAFE during the fourth quarter worth about $180,000. Versor Investments LP acquired a new position in AMERISAFE in the 4th quarter valued at about $205,000. Finally, Corient Private Wealth LLC purchased a new stake in AMERISAFE during the 4th quarter valued at approximately $207,000. Institutional investors and hedge funds own 97.41% of the company's stock.

AMERISAFE Price Performance

Shares of NASDAQ:AMSF traded down $0.74 during trading on Friday, reaching $48.89. The company had a trading volume of 71,846 shares, compared to its average volume of 110,126. The stock's fifty day moving average price is $50.48 and its 200 day moving average price is $52.22. AMERISAFE, Inc. has a fifty-two week low of $41.97 and a fifty-two week high of $60.24. The firm has a market capitalization of $931.35 million, a price-to-earnings ratio of 15.28 and a beta of 0.34.

AMERISAFE (NASDAQ:AMSF - Get Free Report) last released its earnings results on Wednesday, February 26th. The insurance provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The company had revenue of $73.51 million during the quarter, compared to analysts' expectations 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 EPS for the current fiscal year.

AMERISAFE Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.19%. AMERISAFE's dividend payout ratio (DPR) is presently 53.98%.

AMERISAFE Profile

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.