Citadel Advisors LLC Sells 7,480 Shares of Amerisafe, Inc. (AMSF)

Citadel Advisors LLC cut its position in Amerisafe, Inc. (NASDAQ:AMSF) by 8.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,594 shares of the insurance provider’s stock after selling 7,480 shares during the quarter. Citadel Advisors LLC’s holdings in Amerisafe were worth $5,272,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in AMSF. Victory Capital Management Inc. raised its holdings in Amerisafe by 640.6% in the fourth quarter. Victory Capital Management Inc. now owns 756,815 shares of the insurance provider’s stock worth $46,620,000 after purchasing an additional 654,632 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Amerisafe by 68.9% during the third quarter. American Century Companies Inc. now owns 369,860 shares of the insurance provider’s stock valued at $21,526,000 after acquiring an additional 150,876 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in shares of Amerisafe by 7.6% during the third quarter. Neuberger Berman Group LLC now owns 1,312,660 shares of the insurance provider’s stock valued at $76,397,000 after acquiring an additional 92,819 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Amerisafe during the fourth quarter valued at about $3,640,000. Finally, First Trust Advisors LP increased its holdings in shares of Amerisafe by 429.8% during the third quarter. First Trust Advisors LP now owns 58,794 shares of the insurance provider’s stock valued at $3,422,000 after acquiring an additional 47,697 shares in the last quarter. Institutional investors and hedge funds own 99.52% of the company’s stock.

Amerisafe, Inc. (AMSF) opened at $58.20 on Friday. Amerisafe, Inc. has a fifty-two week low of $51.20 and a fifty-two week high of $69.40. The stock has a market cap of $1,118.08, a PE ratio of 16.89 and a beta of 0.81.

Several equities analysts have recently issued reports on AMSF shares. SunTrust Banks restated a “buy” rating and set a $69.00 price objective on shares of Amerisafe in a report on Friday, October 27th. BidaskClub downgraded shares of Amerisafe from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. B. Riley restated a “buy” rating on shares of Amerisafe in a report on Monday, November 6th. Finally, Boenning Scattergood restated a “hold” rating on shares of Amerisafe in a report on Thursday, October 26th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $66.00.

ILLEGAL ACTIVITY WARNING: “Citadel Advisors LLC Sells 7,480 Shares of Amerisafe, Inc. (AMSF)” was originally published by Week Herald and is the property of of Week Herald. If you are accessing this report on another domain, it was illegally stolen and republished in violation of international copyright legislation. The correct version of this report can be read at https://weekherald.com/2018/02/23/citadel-advisors-llc-sells-7480-shares-of-amerisafe-inc-amsf.html.

Amerisafe 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.

Want to see what other hedge funds are holding AMSF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amerisafe, Inc. (NASDAQ:AMSF).

Institutional Ownership by Quarter for Amerisafe (NASDAQ:AMSF)

Receive News & Ratings for Amerisafe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisafe and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply