AMERISAFE, Inc. (NASDAQ:AMSF) Shares Sold by Trexquant Investment LP

Trexquant Investment LP lessened its holdings in shares of AMERISAFE, Inc. (NASDAQ:AMSF - Free Report) by 58.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,777 shares of the insurance provider's stock after selling 9,565 shares during the quarter. Trexquant Investment LP's holdings in AMERISAFE were worth $349,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in AMSF. Isthmus Partners LLC increased its stake in AMERISAFE by 0.5% in the fourth quarter. Isthmus Partners LLC now owns 63,926 shares of the insurance provider's stock valued at $3,295,000 after purchasing an additional 316 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of AMERISAFE by 6.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,882 shares of the insurance provider's stock worth $284,000 after acquiring an additional 381 shares during the period. Values First Advisors Inc. boosted its position in shares of AMERISAFE by 8.2% in the fourth quarter. Values First Advisors Inc. now owns 5,350 shares of the insurance provider's stock worth $276,000 after acquiring an additional 404 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in AMERISAFE by 4.1% in the fourth quarter. Illinois Municipal Retirement Fund now owns 10,904 shares of the insurance provider's stock valued at $562,000 after purchasing an additional 428 shares during the period. Finally, GAMMA Investing LLC increased its position in AMERISAFE by 63.4% during the fourth quarter. GAMMA Investing LLC now owns 1,343 shares of the insurance provider's stock worth $69,000 after purchasing an additional 521 shares during the last quarter. Institutional investors and hedge funds own 97.41% of the company's stock.

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AMERISAFE Trading Down 0.1 %

Shares of AMSF traded down $0.07 during mid-day trading on Tuesday, reaching $49.09. The company had a trading volume of 69,884 shares, compared to its average volume of 111,735. The stock has a market cap of $935.16 million, a price-to-earnings ratio of 15.34 and a beta of 0.34. The firm has a fifty day simple moving average of $50.58 and a 200-day simple moving average of $52.20. AMERISAFE, Inc. has a fifty-two week low of $41.97 and a fifty-two week high of $60.24.

AMERISAFE (NASDAQ:AMSF - Get Free Report) last posted its quarterly earnings results 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 the consensus estimate of $77.37 million. AMERISAFE had a return on equity of 16.50% and a net margin of 19.49%. As a group, equities analysts predict that AMERISAFE, Inc. will post 2.45 EPS for the current fiscal year.

AMERISAFE Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were given 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 yield of 3.18%. AMERISAFE's dividend payout ratio (DPR) is 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.