AMERISAFE, Inc. (NASDAQ:AMSF) Shares Purchased by Isthmus Partners LLC

Isthmus Partners LLC increased its position in shares of AMERISAFE, Inc. (NASDAQ:AMSF) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,926 shares of the insurance provider’s stock after purchasing an additional 316 shares during the quarter. Isthmus Partners LLC owned 0.34% of AMERISAFE worth $3,295,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC boosted its holdings in AMERISAFE by 63.4% in the fourth quarter. GAMMA Investing LLC now owns 1,343 shares of the insurance provider’s stock valued at $69,000 after purchasing an additional 521 shares during the last quarter. R Squared Ltd acquired a new stake in AMERISAFE during the fourth quarter worth about $99,000. Virtu Financial LLC purchased a new position in AMERISAFE during the third quarter valued at approximately $200,000. Versor Investments LP acquired a new position in AMERISAFE in the fourth quarter valued at approximately $205,000. Finally, Values First Advisors Inc. boosted its position in AMERISAFE by 8.2% in the 4th quarter. Values First Advisors Inc. now owns 5,350 shares of the insurance provider’s stock worth $276,000 after purchasing an additional 404 shares in the last quarter. Hedge funds and other institutional investors own 97.41% of the company’s stock.

AMERISAFE Price Performance

NASDAQ:AMSF opened at $49.91 on Monday. The company has a 50 day moving average price of $50.45 and a 200-day moving average price of $51.83. AMERISAFE, Inc. has a 1-year low of $41.97 and a 1-year high of $60.24. The firm has a market cap of $950.79 million, a price-to-earnings ratio of 15.60 and a beta of 0.33.

AMERISAFE (NASDAQ:AMSF) last posted its earnings results on Wednesday, February 26th. The insurance provider reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The firm had revenue of $73.51 million for the quarter, compared to analysts’ expectations of $77.37 million. AMERISAFE had a return on equity of 16.50% and a net margin of 19.49%. On average, sell-side analysts anticipate that AMERISAFE, Inc. will post 2.45 earnings per share for the current fiscal year.

AMERISAFE Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, March 7th. This represents a $1.56 dividend on an annualized basis and a yield of 3.13%. AMERISAFE’s payout ratio is presently 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.