AmTrust Financial Services Inc. (NASDAQ:AFSI) shares were up 2.6% on Thursday . The stock traded as high as $25.47 and last traded at $25.40, with a volume of 1,254,482 shares traded. The stock had previously closed at $24.75.

Several research analysts have recently weighed in on AFSI shares. Zacks Investment Research lowered AmTrust Financial Services from a “hold” rating to a “sell” rating in a research report on Tuesday, April 12th. SunTrust Banks Inc. reissued a “buy” rating on shares of AmTrust Financial Services in a research report on Tuesday, April 5th. Finally, FBR & Co reissued a “buy” rating on shares of AmTrust Financial Services in a research report on Wednesday, June 29th. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. AmTrust Financial Services currently has a consensus rating of “Buy” and a consensus target price of $40.25.

The stock’s 50-day moving average price is $25.25 and its 200-day moving average price is $26.08. The company has a market capitalization of $4.42 billion and a price-to-earnings ratio of 10.45.

AmTrust Financial Services (NASDAQ:AFSI) last issued its earnings results on Tuesday, May 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.04. The company earned $1.07 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the prior year, the business posted $0.73 EPS. The company’s revenue for the quarter was up 15.3% compared to the same quarter last year. Analysts expect that AmTrust Financial Services Inc. will post $2.97 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Investors of record on Friday, July 1st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.36%. The ex-dividend date is Wednesday, June 29th.

In other AmTrust Financial Services news, CFO Ronald E. Pipoly, Jr. sold 4,000 shares of the stock in a transaction that occurred on Wednesday, May 4th. The shares were sold at an average price of $25.61, for a total value of $102,440.00. Following the transaction, the chief financial officer now directly owns 583,313 shares in the company, valued at $14,938,645.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Stephen Ungar sold 3,000 shares of the stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $26.64, for a total transaction of $79,920.00. Following the completion of the transaction, the senior vice president now owns 164,686 shares in the company, valued at $4,387,235.04. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have added to or reduced their stakes in the company. Cornerstone Capital Management Holdings LLC. increased its position in AmTrust Financial Services by 22.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 211,886 shares of the company’s stock valued at $13,048,000 after buying an additional 38,625 shares during the last quarter. Swiss National Bank increased its position in AmTrust Financial Services by 14.4% in the fourth quarter. Swiss National Bank now owns 57,890 shares of the company’s stock valued at $3,565,000 after buying an additional 7,300 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in AmTrust Financial Services by 6.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 41,838 shares of the company’s stock valued at $2,576,000 after buying an additional 2,380 shares during the last quarter. California Public Employees Retirement System increased its position in AmTrust Financial Services by 20.9% in the fourth quarter. California Public Employees Retirement System now owns 223,430 shares of the company’s stock valued at $13,759,000 after buying an additional 38,700 shares during the last quarter. Finally, Burney Co. increased its position in AmTrust Financial Services by 5.5% in the fourth quarter. Burney Co. now owns 26,920 shares of the company’s stock valued at $1,717,000 after buying an additional 1,405 shares during the last quarter.

Amtrust Financial Services, Inc is an insurance holding company. Through its wholly owned subsidiaries, the Company 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.

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