Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in AmTrust Financial Services by 33.6% in the first quarter. BlackRock Advisors LLC increased its stake in shares of AmTrust Financial Services by 10.3% in the third quarter. While the company's share hit the 52 week high on 12/19/16 stationing the value of $28.48. Edge Asset Management Inc. now owns 5,082,376 shares of the insurance provider's stock valued at $93,819,000 after buying an additional 1,013,216 shares during the period.
4/5/2016-SunTrust Banks, Inc. Reiterated Rating of Buy. Syntal Capital Partners LLC purchased a new position in shares of AmTrust Financial Services during the fourth quarter valued at about $202,000.
AmTrust Financial Services Inc (NASDAQ:AFSI) was the target of unusually large options trading activity on Monday. DeCarlo Donald T sold $128,809 worth of stock or 4,830 shares. Compass Point upgraded AmTrust Financial Services Inc (NASDAQ:AFSI) on Friday, November 13 to "Buy" rating. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 7.68 and a beta of 1.02.
The stock's 50 day moving average is 14.27 and its 200 day moving average is 22.11. Sg Americas Secs Limited Liability Corporation stated it has 0% in AmTrust Financial Services Inc (NASDAQ:AFSI). Two analysts have issued estimates for AmTrust Financial Services' earnings, with the highest EPS estimate coming in at $0.67 and the lowest estimate coming in at $0.60.
Receive News & Ratings for AmTrust Financial Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmTrust Financial Services Inc and related companies with MarketBeat.com's FREE daily email newsletter. AmTrust Financial Services had a net margin of 8.39% and a return on equity of 19.81%. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.35 billion. AmTrust Financial Services posted earnings per share of $0.77 in the same quarter last year, which indicates a negative year over year growth rate of 16.9%. Equities research analysts anticipate that AmTrust Financial Services Inc will post $1.94 EPS for the current fiscal year. The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Monday, July 3rd will be given a dividend of $0.17 per share. The ex-dividend date is Thursday, June 29th.
On 2/11/2016 AmTrust Financial Services announced a quarterly dividend of $0.15 2.46% with an ex dividend date of 3/30/2016 which will be payable on 4/15/2016. AmTrust Financial Services's dividend payout ratio is presently 29.44%. Zacks Investment Research cut shares of AmTrust Financial Services from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 28th. If you are viewing this report on another site, it was copied illegally and republished in violation of US & worldwide copyright & trademark laws.More news: French Open 2017: Andy Murray storms into quarter finals with 650th win
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WARNING: "AmTrust Financial Services Target of Unusually High Options Trading (AFSI)" was originally published by BBNS and is the property of of BBNS.
(AFSI) reported sales (ttm) of 5.64 Billion, whereas, 4 number of analysts estimated the mean sale of 1272.96 million. Keefe, Bruyette & Woods reaffirmed a hold rating and set a $16.00 price objective on shares of AmTrust Financial Services in a research note on Tuesday, May 2nd.
Price targets show what analysts believes a stock will be worth at the end of a certain time period. The stock of AmTrust Financial Services Inc (NASDAQ:AFSI) has "Buy" rating given on Friday, February 5 by Compass Point. Northern Corp holds 0.01% in AmTrust Financial Services Inc (NASDAQ:AFSI) or 628,274 shares. They now have a United States dollars 30 price target on the stock. 5,000 shares valued at $137,521 were sold by Ungar Stephen on Thursday, December 15. The stock was sold at an average price of $21.74, for a total value of $108,700.00. Following the transaction, the senior vice president now owns 169,518 shares in the company, valued at $3,685,321.32. Saxon Michael J had sold 9,000 shares worth $251,285 on Tuesday, December 20. The disclosure for this sale can be found here. The company has grown -38.82% in past 3 months and in the last five trades has moved up 13.68%.
Multiple company employees have indulged in significant insider trading.
Brokerage houses, on average, are recommending investors to buy Ally Financial Inc. (AmTrust) is an insurance holding company.