Apollo Management Holdings LP Has Raised By $17.89 Million Its American Eqty Invt Life Hld (AEL) Stake; Ameriserv Financial (ASRV) Shorts Down By 1.8%

December 6, 2017 - By Hazel Jackson

Ameriserv Financial Incorporated (NASDAQ:ASRV) had a decrease of 1.8% in short interest. ASRV’s SI was 103,400 shares in December as released by FINRA. Its down 1.8% from 105,300 shares previously. With 14,500 avg volume, 7 days are for Ameriserv Financial Incorporated (NASDAQ:ASRV)’s short sellers to cover ASRV’s short positions. The SI to Ameriserv Financial Incorporated’s float is 0.6%. The stock decreased 1.15% or $0.05 during the last trading session, reaching $4.3. About 15,702 shares traded. AmeriServ Financial, Inc. (NASDAQ:ASRV) has risen 32.45% since December 6, 2016 and is uptrending. It has outperformed by 15.75% the S&P500.

Apollo Management Holdings Lp increased American Eqty Invt Life Hld (AEL) stake by 26.69% reported in 2017Q2 SEC filing. Apollo Management Holdings Lp acquired 688,255 shares as American Eqty Invt Life Hld (AEL)’s stock declined 9.73%. The Apollo Management Holdings Lp holds 3.27M shares with $85.85 million value, up from 2.58 million last quarter. American Eqty Invt Life Hld now has $2.78B valuation. The stock decreased 0.26% or $0.08 during the last trading session, reaching $31.19. About 725,469 shares traded or 14.54% up from the average. American Equity Investment Life Holding Company (NYSE:AEL) has risen 64.86% since December 6, 2016 and is uptrending. It has outperformed by 48.16% the S&P500.

AmeriServ Financial, Inc. operates as a bank holding firm for the AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. The company has market cap of $78.58 million. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; safe deposit boxes, holiday club accounts, money orders, and travelerÂ’s checks. It has a 14.83 P/E ratio. The firm also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers.

Since June 15, 2017, it had 1 insider purchase, and 0 selling transactions for $693 activity. WISE ROBERT L had bought 167 shares worth $693.

Investors sentiment decreased to 1.2 in Q2 2017. Its down 1.23, from 2.43 in 2017Q1. It fall, as 3 investors sold AmeriServ Financial, Inc. shares while 7 reduced holdings. 2 funds opened positions while 10 raised stakes. 4.65 million shares or 4.31% less from 4.86 million shares in 2017Q1 were reported. Deutsche Natl Bank Ag reported 0% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Bridgeway Capital Mgmt has invested 0.01% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Morgan Stanley has 0% invested in AmeriServ Financial, Inc. (NASDAQ:ASRV). Manufacturers Life The invested in 1,551 shares or 0% of the stock. Wells Fargo And Co Mn reported 100 shares stake. Federated Pa owns 957 shares or 0% of their US portfolio. S&T Bank & Trust Pa invested 0.01% of its portfolio in AmeriServ Financial, Inc. (NASDAQ:ASRV). Creative Planning stated it has 2,275 shares. Lesa Sroufe holds 0.38% in AmeriServ Financial, Inc. (NASDAQ:ASRV) or 100,000 shares. Acadian Asset Mngmt Limited Liability holds 5,501 shares. Spark Inv Ltd Liability Corp has 0% invested in AmeriServ Financial, Inc. (NASDAQ:ASRV) for 18,700 shares. Alpine Woods Cap Limited Liability Corp stated it has 61,000 shares. Thompson Davis And invested in 81,971 shares. Minerva Advsr Ltd Liability invested in 128,000 shares or 0.29% of the stock. 57,805 were accumulated by Timber Hill Ltd Limited Liability Company.

Investors sentiment decreased to 1.27 in Q2 2017. Its down 0.31, from 1.58 in 2017Q1. It dropped, as 23 investors sold AEL shares while 62 reduced holdings. 33 funds opened positions while 75 raised stakes. 81.11 million shares or 0.63% less from 81.63 million shares in 2017Q1 were reported. Cna Finance Corp owns 57,604 shares or 0.36% of their US portfolio. Manufacturers Life The reported 0% in American Equity Investment Life Holding Company (NYSE:AEL). Employees Retirement Of Texas holds 0.01% or 27,000 shares. Moreover, Piermont Capital Mgmt has 0.68% invested in American Equity Investment Life Holding Company (NYSE:AEL) for 90,857 shares. Bancorp Of Montreal Can has 0.01% invested in American Equity Investment Life Holding Company (NYSE:AEL) for 227,979 shares. Moreover, Massachusetts Financial Services Ma has 0% invested in American Equity Investment Life Holding Company (NYSE:AEL) for 59,023 shares. Clearbridge Invests Ltd Liability Corp holds 0.04% or 1.46 million shares in its portfolio. Guggenheim Cap Limited Liability Corporation owns 0.01% invested in American Equity Investment Life Holding Company (NYSE:AEL) for 104,670 shares. 1St Advsrs has 8,314 shares for 0.03% of their portfolio. Paloma Prns Mngmt Com invested 0.01% of its portfolio in American Equity Investment Life Holding Company (NYSE:AEL). Gru Inc has 111,031 shares. Teachers Retirement System Of The State Of Kentucky holds 0.01% of its portfolio in American Equity Investment Life Holding Company (NYSE:AEL) for 28,800 shares. Nj State Employees Deferred Compensation Plan accumulated 80,000 shares. Creative Planning stated it has 0% of its portfolio in American Equity Investment Life Holding Company (NYSE:AEL). Moreover, Meeder Asset Mngmt Inc has 0.01% invested in American Equity Investment Life Holding Company (NYSE:AEL).

Among 10 analysts covering American Equity Investment Life (NYSE:AEL), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. American Equity Investment Life had 32 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Friday, January 29. The rating was maintained by Keefe Bruyette & Woods on Tuesday, June 13 with “Hold”. On Tuesday, May 23 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating given on Tuesday, September 5 by RBC Capital Markets. FBR Capital maintained it with “Hold” rating and $26.0 target in Wednesday, November 15 report. The firm has “Hold” rating given on Friday, November 10 by Keefe Bruyette & Woods. The stock has “Outperform” rating by FBR Capital on Monday, February 13. The firm earned “Outperform” rating on Thursday, February 11 by RBC Capital Markets. As per Monday, November 28, the company rating was maintained by FBR Capital. On Monday, August 10 the stock rating was maintained by FBR Capital with “Outperform”.

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By1 Hazel Jackson




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