AmTrust Financial Services, Inc. (NASDAQ:AFSI) Sale Analysis
- Author: Zachary Reyes Jun 07, 2017,
Jun 07, 2017, 7:32
Other equities research analysts have also recently issued research reports about the company.
AmTrust Financial Services (NASDAQ:AFSI) last released its quarterly earnings results on Monday, May 8th. The stock has "Buy" rating by Compass Point on Thursday, February 11.
AmTrust Financial Services, Inc. has a consensus outperform rating from 5 Wall Street analysts, and the number of shares now sold short amount to at least 17.42% of shares outstanding. AmTrust Financial Services has an average rating of Hold and a consensus target price of $24.50.
The Wendy's Company (NASDAQ:WEN) trades at $16.12 having a market capitalization of $3.92 billion. The average volume stands around 3.45 million shares.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares.
Over the past 50 days, AmTrust Financial Services, Inc. stock's -40.26% off of the high and 14.58% removed from the low. The ratio has increased, as 114 active investment managers increased and opened new equity positions, while 104 cut down and sold stock positions in Amtrust Financial Services Inc. The insurance provider reported $0.32 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.32. Yearly performance of the stock shows a bearish trend of -49.46% while year-to-date (YTD) performance reflected -50.62% negative outlook. Swiss Fincl Bank stated it has 0.01% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI). The business's revenue was down 1.2% on a year-over-year basis. They expect $0.94 EPS, up 8.05% or $0.07 from last year's $0.87 per share. Year to date AmTrust Financial Services, Inc. Now the P/E of AmTrust Financial Services, Inc. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright legislation. AmTrust Financial Services's payout ratio is now 29.44%.
The company also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Monday, July 3rd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a $0.68 annualized dividend and a yield of 5.21%. $418,990 worth of AmTrust Financial Services Inc (NASDAQ:AFSI) was sold by Gulkowitz Abraham on Tuesday, December 20. Amtrust Financial Services had 10 analyst reports since August 5, 2015 according to SRatingsIntel. Another trade for 5,000 shares valued at $65,400 was sold by Ungar Stephen. On the bright side, the company's share price has been on the rebound, up more than 86.44% since hitting lows of $11.8 on May 22, 2017. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Saxon sold 9,000 shares of AmTrust Financial Services stock in a transaction on Tuesday, April 4th. The shares were sold at an average price of $22.08, for a total value of $198,720.00. Following the completion of the sale, the senior vice president now directly owns 169,518 shares of the company's stock, valued at $3,685,321.32. The disclosure for this sale can be found here. It increased, as 36 investors sold AmTrust Financial Services Inc shares while 68 reduced holdings. S&T Bank Pa owns 498,698 shares or 2.19% of their USA portfolio. Comparatively, AFSI posted earnings of $0.82 per share in the same quarter, a year earlier. BlackRock Inc. now owns 31,727 shares of the insurance provider's stock worth $851,000 after buying an additional 1,798 shares during the last quarter. Qs Invsts Llc invested 0% in AmTrust Financial Services Inc (NASDAQ:AFSI). The stock, after opening at $1.4, touched a high of $1.4 before paring much of its gains. Inc. increased its position in AmTrust Financial Services by 81.9% in the third quarter. Rothschild Asset Management Inc. now owns 722,137 shares of the insurance provider's stock valued at $19,375,000 after buying an additional 130,337 shares during the last quarter. Park West Asset Management LLC raised its stake in shares of AmTrust Financial Services by 256.5% in the third quarter. Prudential Financial Inc. now owns 53,802 shares of the insurance provider's stock valued at $1,444,000 after buying an additional 1,200 shares during the last quarter. (AmTrust) is an insurance holding company.