S&T Bank PA Has $9.13 Million Stock Holdings in Amerisafe, Inc. (NASDAQ:AMSF)

S&T Bank PA raised its holdings in Amerisafe, Inc. (NASDAQ:AMSF) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,086 shares of the insurance provider’s stock after acquiring an additional 4,582 shares during the quarter. Amerisafe comprises approximately 2.0% of S&T Bank PA’s holdings, making the stock its 12th largest position. S&T Bank PA’s holdings in Amerisafe were worth $9,125,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Northern Trust Corp lifted its stake in Amerisafe by 1.1% in the second quarter. Northern Trust Corp now owns 488,127 shares of the insurance provider’s stock valued at $31,127,000 after acquiring an additional 5,142 shares during the last quarter. Schroder Investment Management Group lifted its stake in Amerisafe by 4.8% in the second quarter. Schroder Investment Management Group now owns 358,651 shares of the insurance provider’s stock valued at $22,871,000 after acquiring an additional 16,471 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its stake in Amerisafe by 12.7% in the second quarter. Public Employees Retirement Association of Colorado now owns 316,803 shares of the insurance provider’s stock valued at $20,203,000 after acquiring an additional 35,703 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Amerisafe by 1.0% in the second quarter. Bank of New York Mellon Corp now owns 275,908 shares of the insurance provider’s stock valued at $17,594,000 after acquiring an additional 2,661 shares during the last quarter. Finally, Copeland Capital Management LLC lifted its stake in Amerisafe by 20.1% in the second quarter. Copeland Capital Management LLC now owns 254,519 shares of the insurance provider’s stock valued at $16,231,000 after acquiring an additional 42,661 shares during the last quarter.

Shares of Amerisafe stock traded down $0.67 on Thursday, reaching $66.69. The stock had a trading volume of 101,497 shares, compared to its average volume of 77,540. The business’s 50-day moving average price is $67.17 and its two-hundred day moving average price is $62.42. Amerisafe, Inc. has a fifty-two week low of $50.46 and a fifty-two week high of $69.97. The stock has a market cap of $1.29 billion, a P/E ratio of 17.28 and a beta of 0.46.



Amerisafe (NASDAQ:AMSF) last issued its quarterly earnings data on Wednesday, July 31st. The insurance provider reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.13. Amerisafe had a net margin of 20.20% and a return on equity of 17.23%. The business had revenue of $91.19 million during the quarter, compared to analysts’ expectations of $92.22 million. On average, sell-side analysts forecast that Amerisafe, Inc. will post 3.37 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, September 5th. Amerisafe’s payout ratio is 25.91%.

A number of analysts have issued reports on AMSF shares. ValuEngine cut shares of Amerisafe from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. B. Riley set a $75.00 target price on shares of Amerisafe and gave the company a “buy” rating in a research note on Wednesday, August 7th. Finally, BidaskClub cut shares of Amerisafe from a “buy” rating to a “hold” rating in a research note on Friday, September 6th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $73.00.

Amerisafe Profile

AMERISAFE, Inc, an insurance holding company, underwrites workers' compensation insurance in the United States. Its workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. The company provides workers' compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, agriculture, maritime, and oil and gas.

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Institutional Ownership by Quarter for Amerisafe (NASDAQ:AMSF)

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