Ames National Co. (NASDAQ:ATLO – Get Rating) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.12 and traded as high as $22.40. Ames National shares last traded at $22.06, with a volume of 19,084 shares trading hands.
Ames National Trading Down 0.5 %
The firm's 50-day moving average is $22.12 and its 200-day moving average is $23.04. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.03. The firm has a market cap of $198.36 million, a price-to-earnings ratio of 9.39 and a beta of 0.64.
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Ames National Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Investors of record on Tuesday, November 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 4.90%. The ex-dividend date of this dividend is Monday, October 31st. Ames National's payout ratio is currently 45.96%.
Institutional Trading of Ames National
Hedge funds have recently bought and sold shares of the business. UBS Group AG boosted its holdings in Ames National by 256.7% during the 1st quarter. UBS Group AG now owns 1,070 shares of the financial services provider's stock worth $26,000 after acquiring an additional 770 shares during the last quarter. City State Bank purchased a new position in Ames National during the 4th quarter worth $36,000. Acadian Asset Management LLC purchased a new position in Ames National during the 4th quarter worth $124,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Ames National by 10.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,096 shares of the financial services provider's stock worth $394,000 after acquiring an additional 1,488 shares during the last quarter. Finally, State Street Corp boosted its holdings in Ames National by 4.5% during the 1st quarter. State Street Corp now owns 31,312 shares of the financial services provider's stock worth $778,000 after acquiring an additional 1,358 shares during the last quarter. Institutional investors and hedge funds own 19.82% of the company's stock.
Ames National Company Profile
(Get Rating)
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 a range of deposits, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.
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