November 24, 2017

Amtrust Financial (NASDAQ:AFSI) Fall's in Trading Today - Down by 5.63%

14 November 2017, 08:31 | Hattie Nash

The 6 months bearish chart indicates high risk for the $1.83B company. We have $3.04 PT which if reached, will make NASDAQ:ODP worth $48.60M less. About 431,733 shares traded. It has underperformed by 70.19% the S&P500. Royal Bank of Canada now owns 3,579,743 shares of the company's stock valued at $87,704,000 after buying an additional 383,421 shares during the period. The stock declined 0.27% or $0.23 reaching $83.7 on the news. About 2.16M shares traded. Mercury Systems Inc (MRCY) has risen 91.74% since November 14, 2016 and is uptrending. It has outperformed by 75.04% the S&P500.

Investors sentiment decreased to 0.75 in 2017 Q2. Its down 0.02, from 0.84 in 2017Q1. 44 funds opened positions while 103 raised stakes. Employees Retirement Sys Of Ohio owns 4,567 shares or 0% of their USA portfolio. (NASDAQ:AFSI) have caught the attention of investors. Walleye Trading Ltd Liability has 21,950 shares for 0% of their portfolio. Ameritas Investment Prns invested 1.43% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). First Natl Trust Communications holds 1.93% in Microsoft Corporation (NASDAQ:MSFT) or 229,050 shares. Ranger Investment Management L.P., a Texas-based fund reported 402,275 shares. It also reduced Ishares Tr (MBB) stake by 34,772 shares and now owns 58,473 shares. Ishares Tr (LQD) was reduced too.

Since May 16, 2017, it had 0 insider purchases, and 2 selling transactions for $2.14 million activity. Following the sale, the senior vice president now directly owns 169,518 shares in the company, valued at $4,395,601.74.

Among 12 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 0 are positive. Copart had 19 analyst reports since January 15, 2016 according to SRatingsIntel. Keefe Bruyette & Woods has "Hold" rating and $17.5000 target. As per Monday, October 23, the company rating was maintained by SunTrust. Piper Jaffray maintained it with "Buy" rating and $90.0 target in Sunday, August 27 report. The firm earned "Hold" rating on Thursday, August 24 by Piper Jaffray. The rating was reinitiated by Bank of America with "Buy" on Friday, December 11. Zacks Investment Research raised shares of AmTrust Financial Services from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 10th. Therefore 25% are positive. TheStreet lowered shares of AmTrust Financial Services from a "c" rating to a "d" rating in a research report on Wednesday, July 19th. On Thursday, February 11 the stock rating was maintained by Compass Point with "Buy".

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AmTrust Financial Services (NASDAQ:AFSI) last announced its earnings results on Wednesday, November 8th. Its down 8.14% from 15.96M shares, reported previously. Jefferies maintained Office Depot Inc (NASDAQ:ODP) on Thursday, September 28 with "Hold" rating. On Thursday, September 14 the stock rating was maintained by Keefe Bruyette & Woods with "Hold". Compass Point downgraded the shares of AFSI in report on Wednesday, August 5 to "Neutral" rating. The firm has "Hold" rating by JMP Securities given on Friday, July 7. As of the latest earnings report the EPS was $-0.32 with 196.03M shares now outstanding. AFSI's profit will be $53.07 million for 8.57 P/E if the $0.27 EPS becomes a reality. As of the end of the quarter American International Group Inc had disposed of 36,955 shares trimming its stake by 39.3%.

In a transaction dated April. 17, 2017, the shares were put up for sale at an average price of $15.61, raking in a sum of $78,050. Shares for $65,400 were sold by Ungar Stephen.

Investors sentiment decreased to 1.11 in Q2 2017.

Several analysts have released their opinion on AmTrust Financial Services, Inc. Fincl Architects holds 0% in Copart, Inc. Corsair Mngmt Limited Partnership accumulated 16,532 shares. Tiaa Cref Invest Management Limited has invested 0% in AmTrust Financial Services Inc (NASDAQ:AFSI). State Of Wisconsin Inv Board reported 313,600 shares. Nationwide Fund Advisors has 52,054 shares. Symons Capital Management Inc. bought a new stake in AmTrust Financial Services during the 3rd quarter worth approximately $172,000. Millennium Mgmt Ltd Co accumulated 183,634 shares or 0% of the stock. 4 are owned by Exane Derivatives. Advisory Services Networks Limited Liability has invested 0% in AmTrust Financial Services Inc (NASDAQ:AFSI). Rhumbline Advisers holds 178,400 shares.

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Amtrust Financial Services Incorporated (NASDAQ:AFSI) had a decrease of 8.14% in short interest. Ameriprise Financial reported 0% stake.

Analysts await Office Depot Inc (NASDAQ:ODP) to report earnings on March, 7. Ubs Asset Americas holds 0% or 42,329 shares.

Amtrust Financial Services, Inc (AmTrust) is an insurance holding company.

Amtrust Financial (NASDAQ:AFSI) has average revenue estimates of $1.27 Billion, compared to low analyst estimates of $1.24 Billion and high estimates of $1.28 Billion for the current quarter.

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