Ames National Co. (NASDAQ:ATLO - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.48 and traded as low as $17.27. Ames National shares last traded at $17.32, with a volume of 7,767 shares traded.
Ames National Price Performance
The stock has a fifty day simple moving average of $17.59 and a 200-day simple moving average of $17.47. The company has a market capitalization of $154.78 million, a price-to-earnings ratio of 15.23 and a beta of 0.46.
Ames National (NASDAQ:ATLO - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter. Ames National had a return on equity of 5.94% and a net margin of 11.05%. The company had revenue of $15.46 million for the quarter.
Ames National Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Friday, May 30th. Ames National's dividend payout ratio is presently 62.99%.
Institutional Investors Weigh In On Ames National
Several large investors have recently bought and sold shares of ATLO. Geode Capital Management LLC boosted its stake in shares of Ames National by 2.4% in the third quarter. Geode Capital Management LLC now owns 204,642 shares of the financial services provider's stock worth $3,731,000 after acquiring an additional 4,843 shares during the last quarter. State Street Corp raised its position in shares of Ames National by 0.9% in the third quarter. State Street Corp now owns 123,550 shares of the financial services provider's stock valued at $2,252,000 after buying an additional 1,069 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Ames National by 38.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 66,251 shares of the financial services provider's stock worth $1,089,000 after buying an additional 18,556 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in Ames National during the 4th quarter valued at about $1,875,000. Finally, Barclays PLC raised its holdings in Ames National by 299.1% in the 3rd quarter. Barclays PLC now owns 11,418 shares of the financial services provider's stock valued at $208,000 after acquiring an additional 8,557 shares during the last quarter. 26.47% of the stock is currently owned by hedge funds and other institutional investors.
About Ames National
(
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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