Deutsche Bank AG Boosts Holdings in AMERISAFE, Inc. (NASDAQ:AMSF)

Deutsche Bank AG lifted its position in shares of AMERISAFE, Inc. (NASDAQ:AMSF - Free Report) by 52.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,610 shares of the insurance provider's stock after acquiring an additional 6,366 shares during the quarter. Deutsche Bank AG owned 0.10% of AMERISAFE worth $959,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. boosted its stake in shares of AMERISAFE by 7.8% during the 4th quarter. Ameriprise Financial Inc. now owns 102,843 shares of the insurance provider's stock worth $5,301,000 after acquiring an additional 7,399 shares in the last quarter. Northern Trust Corp boosted its stake in shares of AMERISAFE by 3.8% during the 4th quarter. Northern Trust Corp now owns 206,675 shares of the insurance provider's stock worth $10,652,000 after acquiring an additional 7,517 shares in the last quarter. Tudor Investment Corp ET AL boosted its stake in shares of AMERISAFE by 83.5% during the 4th quarter. Tudor Investment Corp ET AL now owns 24,733 shares of the insurance provider's stock worth $1,275,000 after acquiring an additional 11,258 shares in the last quarter. Aquatic Capital Management LLC boosted its stake in shares of AMERISAFE by 336.1% during the 4th quarter. Aquatic Capital Management LLC now owns 3,925 shares of the insurance provider's stock worth $202,000 after acquiring an additional 3,025 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of AMERISAFE by 8.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,918 shares of the insurance provider's stock worth $821,000 after acquiring an additional 1,210 shares in the last quarter. 97.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, JMP Securities reissued a "market outperform" rating and set a $65.00 target price on shares of AMERISAFE in a research note on Wednesday, April 30th.

AMERISAFE Stock Performance

Shares of AMSF traded up $0.71 during mid-day trading on Thursday, hitting $47.16. 75,818 shares of the company were exchanged, compared to its average volume of 88,782. AMERISAFE, Inc. has a 1-year low of $41.97 and a 1-year high of $60.24. The company has a 50 day moving average of $48.80 and a 200-day moving average of $51.25. The stock has a market cap of $898.40 million, a price-to-earnings ratio of 14.74 and a beta of 0.41.

AMERISAFE (NASDAQ:AMSF - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The insurance provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.01. AMERISAFE had a net margin of 19.49% and a return on equity of 16.50%. The firm had revenue of $83.78 million during the quarter, compared to the consensus estimate of $76.66 million. Research analysts anticipate that AMERISAFE, Inc. will post 2.45 earnings per share for the current fiscal year.

AMERISAFE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 13th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.56 annualized dividend and a dividend yield of 3.31%. AMERISAFE's dividend payout ratio (DPR) is presently 62.90%.

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.