Shares of Ames National Co. (NASDAQ:ATLO - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.65 and traded as low as $17.50. Ames National shares last traded at $17.77, with a volume of 9,353 shares.
Ames National Price Performance
The stock's 50 day simple moving average is $18.13 and its two-hundred day simple moving average is $17.65. The stock has a market cap of $157.90 million, a price-to-earnings ratio of 15.54 and a beta of 0.57.
Ames National (NASDAQ:ATLO - Get Free Report) last posted its quarterly earnings results on Friday, January 24th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter. Ames National had a net margin of 11.05% and a return on equity of 5.94%.
Ames National Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.20 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.80 dividend on an annualized basis and a yield of 4.52%. Ames National's dividend payout ratio (DPR) is presently 70.18%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. State Street Corp raised its position in Ames National by 0.9% in the 3rd quarter. State Street Corp now owns 123,550 shares of the financial services provider's stock valued at $2,252,000 after purchasing an additional 1,069 shares during the last quarter. Barclays PLC raised its holdings in shares of Ames National by 299.1% in the third quarter. Barclays PLC now owns 11,418 shares of the financial services provider's stock valued at $208,000 after buying an additional 8,557 shares during the last quarter. Geode Capital Management LLC lifted its position in Ames National by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 204,642 shares of the financial services provider's stock worth $3,731,000 after buying an additional 4,843 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Ames National by 114.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,327 shares of the financial services provider's stock worth $261,000 after acquiring an additional 7,650 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in Ames National in the 4th quarter valued at about $1,875,000. Institutional investors own 26.47% of the company's stock.
Ames National Company Profile
(
Get Free Report)
Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.
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