Neuberger Berman Group LLC Has $92.55 Million Stake in AMERISAFE, Inc. (NASDAQ:AMSF)

Neuberger Berman Group LLC trimmed its position in AMERISAFE, Inc. (NASDAQ:AMSF - Free Report) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,795,758 shares of the insurance provider's stock after selling 5,834 shares during the quarter. Neuberger Berman Group LLC owned 9.43% of AMERISAFE worth $92,553,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AMSF. Vanguard Group Inc. grew its stake in shares of AMERISAFE by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 1,393,807 shares of the insurance provider's stock valued at $71,837,000 after acquiring an additional 50,441 shares in the last quarter. State Street Corp increased its holdings in shares of AMERISAFE by 8.5% during the third quarter. State Street Corp now owns 811,561 shares of the insurance provider's stock worth $39,223,000 after purchasing an additional 63,638 shares during the period. Charles Schwab Investment Management Inc. raised its position 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 valued at $34,109,000 after buying an additional 21,799 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of AMERISAFE by 18.4% in the fourth quarter. Geode Capital Management LLC now owns 536,836 shares of the insurance provider's stock valued at $27,675,000 after buying an additional 83,297 shares during the period. Finally, Royce & Associates LP acquired a new stake in AMERISAFE during the fourth quarter worth approximately $15,738,000. Institutional investors own 97.41% of the company's stock.

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AMERISAFE Stock Up 0.3 %

Shares of NASDAQ:AMSF traded up $0.14 during trading on Tuesday, reaching $49.30. 19,555 shares of the company traded hands, compared to its average volume of 111,493. AMERISAFE, Inc. has a 52 week low of $41.97 and a 52 week high of $60.24. The firm has a market capitalization of $939.17 million, a PE ratio of 15.41 and a beta of 0.34. The company's 50 day moving average is $50.58 and its two-hundred day moving average is $52.20.

AMERISAFE (NASDAQ:AMSF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The insurance provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.07. AMERISAFE had a net margin of 19.49% and a return on equity of 16.50%. The firm had revenue of $73.51 million for the quarter, compared to the consensus estimate of $77.37 million. As a group, research analysts anticipate that AMERISAFE, Inc. will post 2.45 EPS for the current year.

AMERISAFE Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued 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 3.16%. AMERISAFE's dividend payout ratio (DPR) 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.