Deutsche Bank AG bought a new stake in Ames National Co. (NASDAQ:ATLO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,856 shares of the financial services provider's stock, valued at approximately $244,000. Deutsche Bank AG owned 0.17% of Ames National as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the stock. Wells Fargo & Company MN raised its stake in Ames National by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 5,161 shares of the financial services provider's stock worth $85,000 after purchasing an additional 1,124 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Ames National by 270.0% in the fourth quarter. BNP Paribas Financial Markets now owns 7,133 shares of the financial services provider's stock valued at $117,000 after purchasing an additional 5,205 shares in the last quarter. Bank of America Corp DE grew its holdings in Ames National by 30.7% during the 4th quarter. Bank of America Corp DE now owns 11,392 shares of the financial services provider's stock worth $187,000 after acquiring an additional 2,679 shares in the last quarter. Barclays PLC grew its holdings in Ames National by 15.7% during the 4th quarter. Barclays PLC now owns 13,215 shares of the financial services provider's stock worth $217,000 after acquiring an additional 1,797 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its holdings in Ames National by 19.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 30,976 shares of the financial services provider's stock worth $509,000 after acquiring an additional 5,150 shares in the last quarter. Institutional investors and hedge funds own 26.47% of the company's stock.
Ames National Stock Up 0.2%
NASDAQ:ATLO traded up $0.03 during trading hours on Thursday, reaching $17.34. 5,991 shares of the company's stock were exchanged, compared to its average volume of 16,514. The firm has a market capitalization of $154.60 million, a price-to-earnings ratio of 15.21 and a beta of 0.48. The company has a 50-day moving average of $17.30 and a 200 day moving average of $17.45. Ames National Co. has a 1-year low of $15.69 and a 1-year high of $22.03.
Ames National (NASDAQ:ATLO - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $15.46 million during the quarter.
Ames National Profile
(
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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