Smith Graham & Co Investment Advisors LP Has Upped Amerisafe (AMSF) Stake, Kadant (KAI) Sentiment Is 1.17

July 17, 2017 - By Nellie Frank

Kadant Inc. is a supplier of equipment and components used in process industries. The company has market cap of $845.45 million. In addition, the Company makes granules made from papermaking by-products. It has a 25.39 P/E ratio. The Company’s divisions include Papermaking Systems and Wood Processing Systems.

Smith Graham & Co Investment Advisors Lp increased Amerisafe Inc (AMSF) stake by 10.63% reported in 2016Q4 SEC filing. Smith Graham & Co Investment Advisors Lp acquired 17,085 shares as Amerisafe Inc (AMSF)’s stock declined 20.38%. The Smith Graham & Co Investment Advisors Lp holds 177,819 shares with $11.09M value, up from 160,734 last quarter. Amerisafe Inc now has $1.05B valuation. The stock decreased 1.07% or $0.6 on July 14, reaching $55.3. About shares traded. Amerisafe, Inc. (NASDAQ:AMSF) has declined 3.80% since July 17, 2016 and is downtrending. It has underperformed by 20.50% the S&P500.

Clean Yield Group holds 1.24% of its portfolio in Kadant Inc. for 44,846 shares. Dean Capital Management owns 24,722 shares or 1.2% of their US portfolio. Moreover, Opus Capital Group Llc has 1.19% invested in the company for 131,162 shares. The California-based Phocas Financial Corp. has invested 0.73% in the stock. Alphaone Investment Services Llc, a Pennsylvania-based fund reported 41,202 shares.

The stock decreased 0.77% or $0.6 on July 14, reaching $77.45. About shares traded. Kadant Inc. (KAI) has risen 45.38% since July 17, 2016 and is uptrending. It has outperformed by 28.68% the S&P500.

Analysts await Kadant Inc. (NYSE:KAI) to report earnings on August, 2. They expect $0.91 EPS, up 2.25% or $0.02 from last year’s $0.89 per share. KAI’s profit will be $9.93 million for 21.28 P/E if the $0.91 EPS becomes a reality. After $0.80 actual EPS reported by Kadant Inc. for the previous quarter, Wall Street now forecasts 13.75% EPS growth.

Smith Graham & Co Investment Advisors Lp decreased Brocade Communications Systems Inc. (NASDAQ:BRCD) stake by 303,670 shares to 121,650 valued at $1.52M in 2016Q4. It also reduced Raytheon Company (NYSE:RTN) stake by 2,680 shares and now owns 33,370 shares. Lincoln National Corporation (NYSE:LNC) was reduced too.

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