Icon Advisers Upped Its Amtrust Financial Services (AFSI) Stake; South Jersey Industries (SJI) Has 1.34 Sentiment

September 6, 2017 - By Vivian Currie

South Jersey Industries, Inc. is an energy services holding company. The company has market cap of $2.83 billion. The Firm provides a range of energy-related services and products, primarily through its subsidiaries. It has a 33.08 P/E ratio. The Company’s subsidiaries include South Jersey Gas Company (SJG), South Jersey Energy Company (SJE), South Jersey Resources Group, LLC (SJRG), South Jersey Exploration, LLC (SJEX), Marina Energy, LLC (Marina), South Jersey Energy Service Plus, LLC (SJESP) and SJI Midstream, LLC (Midstream).

Icon Advisers Inc increased Amtrust Financial Services Inc (AFSI) stake by 156.86% reported in 2016Q4 SEC filing. Icon Advisers Inc acquired 104,000 shares as Amtrust Financial Services Inc (AFSI)’s stock declined 55.63%. The Icon Advisers Inc holds 170,300 shares with $4.66M value, up from 66,300 last quarter. Amtrust Financial Services Inc now has $2.25B valuation. The stock decreased 7.56% or $0.94 during the last trading session, reaching $11.5. About shares traded. AmTrust Financial Services Inc (NASDAQ:AFSI) has declined 53.49% since September 6, 2016 and is downtrending. It has underperformed by 70.19% the S&P500.

Investors sentiment decreased to 0.75 in Q4 2016. Its down 0.43, from 1.18 in 2016Q3. It dropped, as 36 investors sold AFSI shares while 68 reduced holdings. 38 funds opened positions while 76 raised stakes. 68.87 million shares or 1.72% less from 70.08 million shares in 2016Q3 were reported. Breton Hill Cap Limited holds 0.07% or 10,500 shares. Blair William & Il has invested 0.02% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI). 14,747 were accumulated by Highbridge Cap Mngmt Ltd Company. Goldman Sachs Grp Inc, a New York-based fund reported 1.46 million shares. Tru Inv Advsrs has invested 0.88% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI). Moreover, Ledyard Natl Bank has 0.64% invested in AmTrust Financial Services Inc (NASDAQ:AFSI) for 131,545 shares. Comerica Savings Bank holds 7,683 shares or 0% of its portfolio. Bancorpsouth accumulated 0.03% or 9,836 shares. Marshall Wace Llp holds 22,521 shares. Cadence Mgmt Limited invested in 0.11% or 55,252 shares. Ubs Asset Mngmt Americas invested 0.01% in AmTrust Financial Services Inc (NASDAQ:AFSI). Moreover, Evercore Wealth Management Ltd Limited Liability Company has 0% invested in AmTrust Financial Services Inc (NASDAQ:AFSI) for 270 shares. S&T Bancshares Pa owns 498,698 shares for 2.19% of their portfolio. State Of Wisconsin Board has invested 0.04% in AmTrust Financial Services Inc (NASDAQ:AFSI). Burney holds 0.1% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI) for 51,090 shares.

Icon Advisers Inc decreased Kroger Co. (NYSE:KR) stake by 46,700 shares to 8,700 valued at $300,000 in 2016Q4. It also reduced Hollyfrontier Corp (NYSE:HFC) stake by 120,900 shares and now owns 141,000 shares. Starbucks Corp. (NASDAQ:SBUX) was reduced too.

Among 7 analysts covering Amtrust Financial Services (NASDAQ:AFSI), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Amtrust Financial Services had 15 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, July 6. Citigroup initiated the shares of AFSI in report on Thursday, January 14 with “Buy” rating. Compass Point upgraded the shares of AFSI in report on Friday, November 13 to “Buy” rating. FBR Capital maintained AmTrust Financial Services Inc (NASDAQ:AFSI) rating on Friday, June 9. FBR Capital has “Buy” rating and $2200 target. The stock of AmTrust Financial Services Inc (NASDAQ:AFSI) has “Hold” rating given on Tuesday, August 8 by Keefe Bruyette & Woods. The company was maintained on Monday, June 5 by Keefe Bruyette & Woods. Compass Point maintained the shares of AFSI in report on Thursday, February 11 with “Buy” rating. William Blair maintained AmTrust Financial Services Inc (NASDAQ:AFSI) on Thursday, September 3 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, August 5 by Compass Point. Compass Point maintained AmTrust Financial Services Inc (NASDAQ:AFSI) rating on Friday, February 5. Compass Point has “Buy” rating and $35 target.

Since March 15, 2017, it had 0 buys, and 4 insider sales for $442,449 activity. 9,000 AmTrust Financial Services Inc (NASDAQ:AFSI) shares with value of $198,720 were sold by Saxon Michael J. $69,610 worth of AmTrust Financial Services Inc (NASDAQ:AFSI) shares were sold by Ungar Stephen.

Roffman Miller Associates Inc Pa holds 2.42% of its portfolio in South Jersey Industries Inc for 477,106 shares. Crow Point Partners Llc owns 325,400 shares or 1.78% of their US portfolio. Moreover, Cutter & Co Brokerage Inc. has 1.48% invested in the company for 105,917 shares. The Illinois-based Keeley Asset Management Corp has invested 1.46% in the stock. Banced Corp, a Illinois-based fund reported 17,076 shares.

The stock decreased 1.57% or $0.57 during the last trading session, reaching $35.63. About shares traded. South Jersey Industries Inc (SJI) has risen 23.64% since September 6, 2016 and is uptrending. It has outperformed by 6.94% the S&P500.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $71,100 activity.