Wells Fargo & Company MN increased its position in shares of Atlas Financial Holdings, Inc. (NASDAQ:AFH) by 3.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,829 shares of the insurance provider’s stock after purchasing an additional 1,211 shares during the quarter. Wells Fargo & Company MN owned 0.31% of Atlas Financial Holdings worth $563,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AFH. Pacific Ridge Capital Partners LLC bought a new stake in Atlas Financial Holdings in the second quarter valued at $1,582,000. Prudential Financial Inc. lifted its stake in Atlas Financial Holdings by 48.4% in the first quarter. Prudential Financial Inc. now owns 35,835 shares of the insurance provider’s stock valued at $489,000 after buying an additional 11,683 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Atlas Financial Holdings by 15.9% in the first quarter. Dimensional Fund Advisors LP now owns 203,514 shares of the insurance provider’s stock valued at $2,778,000 after buying an additional 27,961 shares during the last quarter. Essex Investment Management Co. LLC bought a new stake in Atlas Financial Holdings in the second quarter valued at $1,538,000. Finally, Granite Investment Partners LLC bought a new stake in Atlas Financial Holdings in the second quarter valued at $1,422,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

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In other news, insider Kingsway America Inc sold 20,000 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $16.20, for a total transaction of $324,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 100,000 shares of company stock worth $1,665,780 over the last three months. Corporate insiders own 12.70% of the company’s stock.

A number of equities research analysts have issued reports on the company. Boenning Scattergood reiterated a “buy” rating on shares of Atlas Financial Holdings in a research note on Tuesday, November 7th. Zacks Investment Research cut Atlas Financial Holdings from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. ValuEngine upgraded Atlas Financial Holdings from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Finally, TheStreet upgraded Atlas Financial Holdings from a “c” rating to a “b-” rating in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Atlas Financial Holdings presently has an average rating of “Hold” and a consensus price target of $18.67.

Atlas Financial Holdings, Inc. (NASDAQ AFH) opened at $19.05 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.59. Atlas Financial Holdings, Inc. has a fifty-two week low of $12.15 and a fifty-two week high of $20.60.

Atlas Financial Holdings Company Profile

Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage.

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Institutional Ownership by Quarter for Atlas Financial Holdings (NASDAQ:AFH)

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