Shares of Ames National Co. (NASDAQ:ATLO - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.48 and traded as low as $17.42. Ames National shares last traded at $17.42, with a volume of 9,623 shares trading hands.
Ames National Trading Up 0.3%
The stock's 50 day moving average price is $17.32 and its 200 day moving average price is $17.45. The firm has a market cap of $155.58 million, a PE ratio of 15.31 and a beta of 0.46.
Ames National (NASDAQ:ATLO - Get Free Report) last issued its earnings results on Thursday, April 17th. The financial services provider reported $0.39 EPS for the quarter. Ames National had a net margin of 11.05% and a return on equity of 5.94%. The business had revenue of $15.46 million for the quarter.
Institutional Investors Weigh In On Ames National
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Wells Fargo & Company MN boosted its stake in Ames National by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 5,161 shares of the financial services provider's stock valued at $85,000 after purchasing an additional 1,124 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Ames National by 11.0% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,066 shares of the financial services provider's stock valued at $246,000 after purchasing an additional 1,389 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ames National by 6.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 26,759 shares of the financial services provider's stock valued at $469,000 after acquiring an additional 1,629 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Ames National by 1,587.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,738 shares of the financial services provider's stock valued at $30,000 after acquiring an additional 1,635 shares in the last quarter. Finally, Barclays PLC lifted its stake in Ames National by 15.7% during the fourth quarter. Barclays PLC now owns 13,215 shares of the financial services provider's stock valued at $217,000 after purchasing an additional 1,797 shares during the last quarter. Institutional investors own 26.47% of the company's stock.
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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