American National Bancshares Inc Institutional Investor Sentiment Worsened in Q1 2018

July 12, 2018 - By Robert Sims

Sentiment for American National Bancshares Inc (NASDAQ:AMNB)

American National Bancshares Inc (NASDAQ:AMNB) institutional sentiment decreased to 0.7 in 2018 Q1. Its down -0.30, from 1 in 2017Q4. The ratio fall, as 19 active investment managers increased and opened new stock positions, while 27 sold and reduced their holdings in American National Bancshares Inc. The active investment managers in our partner’s database now possess: 2.94 million shares, up from 2.91 million shares in 2017Q4. Also, the number of active investment managers holding American National Bancshares Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 24 Increased: 13 New Position: 6.

American National Bankshares Inc. operates as the bank holding firm for American National Bank and Trust Company that provides financial services and products. The company has market cap of $355.76 million. The firm operates through two divisions, Community Banking, and Trust and Investment Services. It has a 20.88 P/E ratio. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit.

The stock increased 0.12% or $0.05 during the last trading session, reaching $40.95. About 1,315 shares traded. American National Bankshares Inc. (NASDAQ:AMNB) has risen 11.25% since July 12, 2017 and is uptrending. It has underperformed by 1.32% the S&P500.

Analysts await American National Bankshares Inc. (NASDAQ:AMNB) to report earnings on July, 19. They expect $0.64 EPS, up 30.61 % or $0.15 from last year’s $0.49 per share. AMNB’s profit will be $5.56 million for 16.00 P/E if the $0.64 EPS becomes a reality. After $0.67 actual EPS reported by American National Bankshares Inc. for the previous quarter, Wall Street now forecasts -4.48 % negative EPS growth.

Smith Salley & Associates holds 1.27% of its portfolio in American National Bankshares Inc. for 187,885 shares. Corbyn Investment Management Inc Md owns 49,174 shares or 0.63% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.36% invested in the company for 140,782 shares. The Virginia-based Dixon Hubard Feinour & Brown Inc Va has invested 0.33% in the stock. Woodmont Investment Counsel Llc, a Tennessee-based fund reported 10,290 shares.

Since January 1, 0001, it had 2 insider buys, and 3 sales for $200,412 activity.

American National Bankshares Inc. (NASDAQ:AMNB) Institutional Positions Chart

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