Dimensional Fund Advisors LP Purchases 32,663 Shares of Atlas Financial Holdings Inc (NASDAQ:AFH)

Dimensional Fund Advisors LP increased its stake in shares of Atlas Financial Holdings Inc (NASDAQ:AFH) by 12.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 300,806 shares of the insurance provider’s stock after buying an additional 32,663 shares during the period. Dimensional Fund Advisors LP owned 2.50% of Atlas Financial worth $5,685,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of AFH. Rhumbline Advisers increased its stake in shares of Atlas Financial by 2.5% in the 2nd quarter. Rhumbline Advisers now owns 11,737 shares of the insurance provider’s stock valued at $175,000 after acquiring an additional 290 shares during the last quarter. Wells Fargo & Company MN increased its stake in Atlas Financial by 3.3% during the 2nd quarter. Wells Fargo & Company MN now owns 37,829 shares of the insurance provider’s stock worth $563,000 after purchasing an additional 1,211 shares in the last quarter. Teachers Advisors LLC increased its stake in Atlas Financial by 16.6% during the 2nd quarter. Teachers Advisors LLC now owns 20,463 shares of the insurance provider’s stock worth $305,000 after purchasing an additional 2,914 shares in the last quarter. Diamond Hill Capital Management Inc. increased its stake in Atlas Financial by 9.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 67,670 shares of the insurance provider’s stock worth $1,279,000 after purchasing an additional 5,720 shares in the last quarter. Finally, Wasatch Advisors Inc. boosted its position in Atlas Financial by 1.1% during the 2nd quarter. Wasatch Advisors Inc. now owns 690,709 shares of the insurance provider’s stock worth $10,292,000 after acquiring an additional 7,190 shares during the last quarter. Institutional investors and hedge funds own 79.88% of the company’s stock.

In other Atlas Financial news, Director Walter Frederick Walker sold 63,800 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $20.04, for a total value of $1,278,552.00. Following the transaction, the director now owns 82,182 shares of the company’s stock, valued at $1,646,927.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Leslie Dimaggio sold 5,503 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $20.31, for a total value of $111,765.93. Following the completion of the transaction, the insider now directly owns 82,182 shares in the company, valued at approximately $1,669,116.42. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,989 shares of company stock valued at $2,049,916. Corporate insiders own 13.30% of the company’s stock.

Atlas Financial Holdings Inc (NASDAQ:AFH) opened at $18.45 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. Atlas Financial Holdings Inc has a 12 month low of $12.15 and a 12 month high of $21.50.

A number of research firms have weighed in on AFH. BidaskClub raised Atlas Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, January 24th. Sandler O’Neill reissued a “buy” rating and issued a $24.00 price objective on shares of Atlas Financial in a report on Wednesday, January 10th. Boenning Scattergood reaffirmed a “buy” rating on shares of Atlas Financial in a report on Tuesday, November 7th. Zacks Investment Research raised Atlas Financial from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a report on Monday, December 25th. Finally, ValuEngine upgraded Atlas Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Atlas Financial presently has a consensus rating of “Buy” and an average price target of $20.75.

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Atlas Financial Profile

Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage.

Institutional Ownership by Quarter for Atlas Financial (NASDAQ:AFH)

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