Renaissance Technologies LLC Has $3.66 Million Position in American National Bankshares, Inc. (NASDAQ:AMNB)

Renaissance Technologies LLC increased its stake in shares of American National Bankshares, Inc. (NASDAQ:AMNB) by 2.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,300 shares of the financial services provider’s stock after buying an additional 2,200 shares during the period. Renaissance Technologies LLC’s holdings in American National Bankshares were worth $3,662,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC raised its stake in American National Bankshares by 1.4% in the first quarter. Parametric Portfolio Associates LLC now owns 7,897 shares of the financial services provider’s stock valued at $294,000 after buying an additional 107 shares in the last quarter. Wells Fargo & Company MN raised its stake in American National Bankshares by 2.3% in the first quarter. Wells Fargo & Company MN now owns 6,974 shares of the financial services provider’s stock valued at $260,000 after buying an additional 159 shares in the last quarter. Alliancebernstein L.P. raised its stake in American National Bankshares by 2.4% in the first quarter. Alliancebernstein L.P. now owns 8,400 shares of the financial services provider’s stock valued at $313,000 after buying an additional 200 shares in the last quarter. American International Group Inc. raised its stake in American National Bankshares by 6.9% in the first quarter. American International Group Inc. now owns 5,049 shares of the financial services provider’s stock valued at $188,000 after buying an additional 328 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in American National Bankshares by 12.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 7,539 shares of the financial services provider’s stock valued at $281,000 after buying an additional 847 shares in the last quarter. Institutional investors own 34.47% of the company’s stock.

American National Bankshares, Inc. (NASDAQ AMNB) traded down 0.282% during midday trading on Thursday, hitting $37.145. The stock had a trading volume of 791 shares. American National Bankshares, Inc. has a 1-year low of $25.74 and a 1-year high of $42.50. The company has a market cap of $321.01 million, a price-to-earnings ratio of 19.550 and a beta of 0.77. The company’s 50 day moving average is $37.21 and its 200 day moving average is $36.76.

American National Bankshares (NASDAQ:AMNB) last released its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49. American National Bankshares had a net margin of 22.82% and a return on equity of 8.05%. The company had revenue of $17.26 million during the quarter, compared to the consensus estimate of $16.93 million. On average, equities analysts anticipate that American National Bankshares, Inc. will post $2.01 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be given a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.58%. American National Bankshares’s payout ratio is 50.79%.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/2800175/renaissance-technologies-llc-has-3-66-million-position-in-american-national-bankshares-inc-nasdaqamnb.html.

Several research firms have recently weighed in on AMNB. BidaskClub lowered American National Bankshares from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. ValuEngine lowered American National Bankshares from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research upgraded American National Bankshares from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research note on Monday, July 24th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $39.00 price objective on shares of American National Bankshares in a research note on Thursday, July 27th.

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.

Want to see what other hedge funds are holding AMNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American National Bankshares, Inc. (NASDAQ:AMNB).

Institutional Ownership by Quarter for American National Bankshares (NASDAQ:AMNB)

Receive News & Ratings for American National Bankshares Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American National Bankshares Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.