Teachers Advisors LLC continued to hold its stake in shares of American National Bankshares, Inc. (NASDAQ:AMNB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,855 shares of the financial services provider’s stock at the end of the fourth quarter. Teachers Advisors LLC’s holdings in American National Bankshares were worth $447,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new stake in shares of American National Bankshares during the fourth quarter worth about $160,000. Systematic Financial Management LP bought a new stake in shares of American National Bankshares during the fourth quarter worth about $2,775,000. Renaissance Technologies LLC increased its stake in shares of American National Bankshares by 18.5% in the fourth quarter. Renaissance Technologies LLC now owns 96,100 shares of the financial services provider’s stock worth $3,344,000 after buying an additional 14,990 shares in the last quarter. State Street Corp increased its stake in shares of American National Bankshares by 11.8% in the fourth quarter. State Street Corp now owns 142,498 shares of the financial services provider’s stock worth $4,957,000 after buying an additional 15,039 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of American National Bankshares by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 266,584 shares of the financial services provider’s stock worth $9,278,000 after buying an additional 10,599 shares in the last quarter. 34.56% of the stock is currently owned by institutional investors and hedge funds.
Shares of American National Bankshares, Inc. (NASDAQ AMNB) opened at 38.20 on Friday. The company has a market capitalization of $329.97 million, a PE ratio of 20.32 and a beta of 0.80. The firm’s 50-day moving average price is $36.78 and its 200 day moving average price is $36.04. American National Bankshares, Inc. has a 1-year low of $24.36 and a 1-year high of $42.49.
American National Bankshares (NASDAQ:AMNB) last released its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. The firm had revenue of $16.41 million during the quarter, compared to analyst estimates of $16.10 million. American National Bankshares had a net margin of 23.14% and a return on equity of 8.00%. Equities analysts predict that American National Bankshares, Inc. will post $2.01 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, June 16th. Investors of record on Friday, June 2nd were given a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, May 31st. This represents a $0.96 annualized dividend and a yield of 2.51%. American National Bankshares’s dividend payout ratio (DPR) is presently 51.34%.
A number of brokerages recently issued reports on AMNB. ValuEngine raised American National Bankshares from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Keefe, Bruyette & Woods set a $39.00 price target on American National Bankshares and gave the stock a “buy” rating in a research report on Tuesday, April 4th. Finally, Zacks Investment Research upgraded American National Bankshares from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research note on Friday, March 17th.
American National Bankshares Company Profile
American National Bankshares Inc is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Company operates through two segments: community banking, and trust and investment services. The Community banking segment involves making loans to and generating deposits from individuals and businesses.
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