Dimensional Fund Advisors LP Has $12.08 Million Stake in American Software, Inc. (AMSWA)

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Dimensional Fund Advisors LP grew its position in shares of American Software, Inc. (NASDAQ:AMSWA) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,155,992 shares of the software maker’s stock after acquiring an additional 15,304 shares during the quarter. Dimensional Fund Advisors LP owned about 3.73% of American Software worth $12,080,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in AMSWA. Algert Global LLC acquired a new stake in American Software in the fourth quarter worth about $207,000. MetLife Investment Advisors LLC lifted its holdings in American Software by 58.6% in the third quarter. MetLife Investment Advisors LLC now owns 20,235 shares of the software maker’s stock worth $245,000 after purchasing an additional 7,474 shares during the period. Man Group plc acquired a new stake in American Software in the third quarter worth about $273,000. Rhumbline Advisers lifted its holdings in American Software by 34.6% in the fourth quarter. Rhumbline Advisers now owns 49,095 shares of the software maker’s stock worth $513,000 after purchasing an additional 12,607 shares during the period. Finally, First Trust Advisors LP lifted its holdings in American Software by 18.9% in the fourth quarter. First Trust Advisors LP now owns 49,283 shares of the software maker’s stock worth $515,000 after purchasing an additional 7,850 shares during the period. 77.15% of the stock is owned by institutional investors.

Shares of American Software stock opened at $12.74 on Friday. American Software, Inc. has a 52 week low of $8.99 and a 52 week high of $18.94. The stock has a market capitalization of $396.52 million, a price-to-earnings ratio of 35.39 and a beta of 0.64.

American Software (NASDAQ:AMSWA) last posted its quarterly earnings data on Wednesday, February 20th. The software maker reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.04. The firm had revenue of $27.00 million for the quarter, compared to the consensus estimate of $28.91 million. American Software had a return on equity of 6.80% and a net margin of 5.54%. On average, equities analysts anticipate that American Software, Inc. will post 0.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be issued a dividend of $0.11 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.44 annualized dividend and a yield of 3.45%. American Software’s payout ratio is presently 122.22%.

In other American Software news, Director Dennis Hogue sold 24,850 shares of the business’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $11.52, for a total transaction of $286,272.00. Following the sale, the director now owns 3,274 shares in the company, valued at approximately $37,716.48. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director J Michael Edenfield sold 14,905 shares of the business’s stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $11.66, for a total value of $173,792.30. Following the sale, the director now owns 425,723 shares in the company, valued at approximately $4,963,930.18. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 130,584 shares of company stock worth $1,521,784. Corporate insiders own 11.24% of the company’s stock.

AMSWA has been the topic of several research reports. BidaskClub upgraded shares of American Software from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. ValuEngine upgraded shares of American Software from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th. William Blair initiated coverage on shares of American Software in a research report on Wednesday, April 3rd. They issued an “outperform” rating and a $12.03 price target on the stock. Finally, Zacks Investment Research cut shares of American Software from a “buy” rating to a “hold” rating in a research report on Monday, February 18th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. American Software presently has a consensus rating of “Buy” and a consensus target price of $12.34.

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American Software Company Profile

American Software, Inc develops, markets, and supports a portfolio of software and services worldwide. It operates in three segments: Supply Chain Management (SCM), Information Technology (IT) Consulting, and Other. The SCM segment provides supply chain management and retail planning solutions, including sales and operations planning, demand and inventory optimization, manufacturing planning and scheduling, supply optimization, retail allocation and merchandise planning, and transportation optimization solutions to streamline and optimize the forecasting, inventory, production scheduling, production, supply, allocation, distribution, and management of products between trading partners.

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Institutional Ownership by Quarter for American Software (NASDAQ:AMSWA)

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