AmTrust Financial Services Inc (NASDAQ:AFSI) Shares Sold by Boston Partners

Boston Partners decreased its position in shares of AmTrust Financial Services Inc (NASDAQ:AFSI) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,241,624 shares of the insurance provider’s stock after selling 21,186 shares during the quarter. Boston Partners owned about 0.63% of AmTrust Financial Services worth $12,503,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. State Street Corp increased its stake in shares of AmTrust Financial Services by 54.1% in the 2nd quarter. State Street Corp now owns 3,292,917 shares of the insurance provider’s stock valued at $49,854,000 after acquiring an additional 1,156,431 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of AmTrust Financial Services by 32.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,698,536 shares of the insurance provider’s stock valued at $36,324,000 after acquiring an additional 660,088 shares in the last quarter. Northern Trust Corp increased its stake in shares of AmTrust Financial Services by 93.7% in the 2nd quarter. Northern Trust Corp now owns 1,304,835 shares of the insurance provider’s stock valued at $19,755,000 after acquiring an additional 631,314 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in AmTrust Financial Services by 14.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 948,728 shares of the insurance provider’s stock valued at $9,554,000 after purchasing an additional 119,099 shares during the period. Finally, Schroder Investment Management Group grew its position in AmTrust Financial Services by 845.2% in the 3rd quarter. Schroder Investment Management Group now owns 382,798 shares of the insurance provider’s stock valued at $5,244,000 after purchasing an additional 342,298 shares during the period. Institutional investors own 33.59% of the company’s stock.

Several research firms recently issued reports on AFSI. FBR & Co downgraded shares of AmTrust Financial Services from a “buy” rating to a “neutral” rating and set a $14.00 price target for the company. in a research report on Tuesday, October 24th. ValuEngine downgraded shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. BidaskClub raised shares of AmTrust Financial Services from a “sell” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research raised shares of AmTrust Financial Services from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Tuesday. Finally, B. Riley reaffirmed a “neutral” rating and set a $12.00 price objective on shares of AmTrust Financial Services in a report on Monday, November 6th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $15.14.

Shares of AmTrust Financial Services Inc (AFSI) opened at $13.15 on Friday. AmTrust Financial Services Inc has a 52 week low of $8.80 and a 52 week high of $27.91. The stock has a market capitalization of $2,615.00, a PE ratio of -82.18 and a beta of 1.30. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.46.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Monday, April 2nd will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date of this dividend is Thursday, March 29th. AmTrust Financial Services’s dividend payout ratio is currently -424.97%.

WARNING: “AmTrust Financial Services Inc (NASDAQ:AFSI) Shares Sold by Boston Partners” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/17/boston-partners-has-12-50-million-holdings-in-amtrust-financial-services-inc-afsi.html.

About AmTrust Financial Services

Amtrust Financial Services, Inc (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business.

Institutional Ownership by Quarter for AmTrust Financial Services (NASDAQ:AFSI)

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

Leave a Reply