New South Capital Management Has Lowered Stake in Amerisafe (AMSF) as Stock Declined; As Whirlpool (WHR) Market Valuation Rose, Shareholder Highlander Capital Management Has Increased Stake

February 21, 2018 - By Adrian Mccoy

New South Capital Management Inc decreased its stake in Amerisafe Inc. (AMSF) by 11.15% based on its latest 2017Q3 regulatory filing with the SEC. New South Capital Management Inc sold 60,139 shares as the company’s stock declined 20.38% while stock markets rallied. The institutional investor held 479,277 shares of the finance company at the end of 2017Q3, valued at $27.89M, down from 539,416 at the end of the previous reported quarter. New South Capital Management Inc who had been investing in Amerisafe Inc. for a number of months, seems to be less bullish one the $1.12B market cap company. The stock increased 0.09% or $0.05 during the last trading session, reaching $58.1. About 40,086 shares traded. Amerisafe, Inc. (NASDAQ:AMSF) has declined 3.80% since February 21, 2017 and is downtrending. It has underperformed by 20.50% the S&P500.

Highlander Capital Management Llc increased its stake in Whirlpool Corp (WHR) by 57.74% based on its latest 2017Q3 regulatory filing with the SEC. Highlander Capital Management Llc bought 2,000 shares as the company’s stock rose 1.07% with the market. The institutional investor held 5,464 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $1.01M, up from 3,464 at the end of the previous reported quarter. Highlander Capital Management Llc who had been investing in Whirlpool Corp for a number of months, seems to be bullish on the $11.75 billion market cap company. The stock decreased 1.32% or $2.23 during the last trading session, reaching $166.27. About 830,831 shares traded. Whirlpool Corporation (NYSE:WHR) has risen 6.81% since February 21, 2017 and is uptrending. It has underperformed by 9.89% the S&P500.

Investors sentiment increased to 1.02 in Q3 2017. Its up 0.14, from 0.88 in 2017Q2. It increased, as 48 investors sold WHR shares while 188 reduced holdings. 54 funds opened positions while 187 raised stakes. 65.00 million shares or 1.05% less from 65.69 million shares in 2017Q2 were reported. Hgk Asset Management invested in 1.95% or 74,451 shares. Dupont Capital Mgmt Corporation accumulated 352 shares. Amica Mutual Ins Co invested 0.09% in Whirlpool Corporation (NYSE:WHR). 32,298 are owned by Stoneridge Invest Partners Limited Liability Company. Crawford Invest Counsel Inc holds 2,901 shares or 0.02% of its portfolio. National Bank reported 1,617 shares stake. Raymond James Trust Na stated it has 17,088 shares. Lombard Odier Asset Mngmt (Usa) Corporation, a New York-based fund reported 6,000 shares. California State Teachers Retirement Systems reported 125,772 shares stake. 17,534 were reported by Inv Advsrs Limited Liability. Everence Capital reported 1,752 shares. Banque Pictet & Cie Sa has 11,000 shares for 0.05% of their portfolio. First Manhattan holds 560 shares or 0% of its portfolio. Bollard Ltd Limited Liability Company has 2,184 shares. Keybank Association Oh has invested 0.01% of its portfolio in Whirlpool Corporation (NYSE:WHR).

Among 10 analysts covering Whirlpool (NYSE:WHR), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Whirlpool had 30 analyst reports since August 13, 2015 according to SRatingsIntel. As per Friday, January 26, the company rating was upgraded by Raymond James. The company was maintained on Thursday, September 7 by RBC Capital Markets. Gabelli initiated Whirlpool Corporation (NYSE:WHR) rating on Tuesday, October 27. Gabelli has “Buy” rating and $197 target. The firm has “Top Pick” rating given on Tuesday, September 15 by RBC Capital Markets. The stock of Whirlpool Corporation (NYSE:WHR) earned “Buy” rating by KeyBanc Capital Markets on Thursday, December 14. RBC Capital Markets maintained the stock with “Buy” rating in Monday, October 9 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, October 24. On Tuesday, March 15 the stock rating was upgraded by JP Morgan to “Overweight”. The firm earned “Neutral” rating on Monday, October 17 by M Partners. Gabelli downgraded Whirlpool Corporation (NYSE:WHR) on Monday, September 12 to “Hold” rating.

Highlander Capital Management Llc, which manages about $131.70 million and $128.11 million US Long portfolio, decreased its stake in Parker Hannifin Corp (NYSE:PH) by 3,000 shares to 3,425 shares, valued at $599,000 in 2017Q3, according to the filing.

Among 4 analysts covering Amerisafe (NASDAQ:AMSF), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Amerisafe had 4 analyst reports since October 29, 2015 according to SRatingsIntel. On Thursday, October 26 the stock rating was maintained by SunTrust with “Buy”.

Analysts await Amerisafe, Inc. (NASDAQ:AMSF) to report earnings on February, 26 after the close. They expect $0.83 earnings per share, down 20.19% or $0.21 from last year’s $1.04 per share. AMSF’s profit will be $15.97 million for 17.50 P/E if the $0.83 EPS becomes a reality. After $0.87 actual earnings per share reported by Amerisafe, Inc. for the previous quarter, Wall Street now forecasts -4.60% negative EPS growth.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>