American National Bankshares, Inc. (NASDAQ:AMNB) is expected to pay $0.24 on Dec 16, 2016. The indicated annual dividend is $0.96. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on American National Bankshares, Inc.’s current price of $31.05, the dividend is 0.77%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 17, 2016. The stock decreased 0.48% or $0.15 during the last trading session, hitting $31.05. American National BankShares Inc (NASDAQ:AMNB) has risen 18.24% since April 26, 2016 and is uptrending. It has outperformed by 12.98% the S&P500.
American National Bankshares Inc. is a one-bank holding company. The company has a market cap of $267.94 million. American National Bank and Trust Company is the only banking subsidiary of the Company. It has a 15.95 P/E ratio. The Firm operates through two divisions: community banking, and trust and investment services.
Insitutional Activity: The institutional sentiment increased to 2 in 2016 Q2. Its up 0.87, from 1.13 in 2016Q1. The ratio is positive, as 3 funds sold all American National BankShares Inc shares owned while 20 reduced positions. 7 funds bought stakes while 19 increased positions. They now own 2.63 million shares or 3.00% more from 2.55 million shares in 2016Q1.
State Street Corporation owns 124,937 shares or 0% of their US portfolio. Blackrock Fund Advsrs holds 0% of its portfolio in American National BankShares Inc (NASDAQ:AMNB) for 220,375 shares. Geode Cap Mgmt Lc has 0% invested in the company for 44,779 shares. California Public Employees Retirement holds 15,000 shares or 0% of its portfolio. Renaissance Technology Limited Liability Company holds 0% of its portfolio in American National BankShares Inc (NASDAQ:AMNB) for 75,100 shares. Lsv Asset Mgmt accumulated 0% or 70,141 shares. State Common Retirement Fund holds 0% or 8,000 shares in its portfolio. Raymond James Fincl Svcs Advsr holds 0.01% or 24,533 shares in its portfolio. Nationwide Fund Advsr holds 6,848 shares or 0% of its portfolio. Blackrock Advisors Ltd Liability Company has 4,694 shares for 0% of their US portfolio. Legal General Grp Public Limited Co last reported 1,288 shares in the company. Strs Ohio last reported 23,000 shares in the company. Corbyn Invest Mgmt Md last reported 52,586 shares in the company. Northern Tru Corporation last reported 94,512 shares in the company. The California-based California State Teachers Retirement has invested 0% in American National BankShares Inc (NASDAQ:AMNB).
Insider Transactions: Since June 17, 2016, the stock had 7 buys, and 0 selling transactions for $324,510 net activity. The insider Harris Charles S bought $1,344. $40,870 worth of American National BankShares Inc (NASDAQ:AMNB) shares were bought by Hamadi Ramsey K.
American National BankShares Inc (NASDAQ:AMNB) Ratings Coverage
Out of 3 analysts covering American National Bankshares (NASDAQ:AMNB), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. American National Bankshares has been the topic of 4 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of American National BankShares Inc (NASDAQ:AMNB) has “Buy” rating given on Tuesday, September 1 by Zacks. The company was initiated on Friday, January 8 by Stephens. Raymond James upgraded the shares of AMNB in a report on Friday, July 24 to “Outperform” rating.
Another recent and important American National BankShares Inc (NASDAQ:AMNB) news was published by Nasdaq.com which published an article titled: “American National Bankshares (AMNB) is in Overbought Territory: What’s Next?” on November 25, 2016.
AMNB Company Profile
American National Bankshares Inc., incorporated on March 3, 1998, is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Firm operates through two divisions: community banking, and trust and investment services. Community banking involves making loans to and generating deposits from individuals and businesses. All assets and liabilities of the Company are allocated to community banking. Investment income from securities is also allocated to the community banking segment. Loan fee income, service charges from deposit accounts and non-deposit fees, such as automated teller machine fees and insurance commissions generate additional income for community banking. Trust and investment services include estate planning, trust account administration, investment management and retail brokerage. Investment management services include purchasing equity, fixed income, and mutual fund investments for customer accounts. The trust and investment services division receives fees for investment and administrative services.
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