American National Bankshares Inc (NASDAQ:AMNB) Quarterly Sentiment Report

July 12, 2018 - By Ann Prendergast

Sentiment for American National Bankshares Inc (NASDAQ:AMNB)

American National Bankshares Inc (NASDAQ:AMNB) institutional sentiment decreased to 0.7 in 2018 Q1. Its down -0.30, from 1 in 2017Q4. The ratio worsened, as 19 funds opened new or increased holdings, while 27 reduced and sold positions in American National Bankshares Inc. The funds in our partner’s database now possess: 2.94 million shares, up from 2.91 million shares in 2017Q4. Also, the number of funds holding American National Bankshares Inc in their top 10 holdings 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 earnings per share, up 30.61 % or $0.15 from last year’s $0.49 per share. AMNB’s profit will be $5.56M for 16.00 P/E if the $0.64 EPS becomes a reality. After $0.67 actual earnings per share 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 purchases, and 3 insider sales for $200,412 activity.

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

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