Pacific Ridge Capital Partners LLC raised its holdings in American River Bankshares (NASDAQ:AMRB) by 17.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 320,222 shares of the financial services provider’s stock after acquiring an additional 46,694 shares during the quarter. Pacific Ridge Capital Partners LLC owned approximately 0.05% of American River Bankshares worth $4,163,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in AMRB. Wedbush Securities Inc. lifted its stake in shares of American River Bankshares by 7.7% during the 1st quarter. Wedbush Securities Inc. now owns 26,831 shares of the financial services provider’s stock worth $349,000 after purchasing an additional 1,920 shares during the last quarter. Basswood Capital Management L.L.C. lifted its stake in shares of American River Bankshares by 3.3% during the 4th quarter. Basswood Capital Management L.L.C. now owns 693,038 shares of the financial services provider’s stock worth $9,668,000 after purchasing an additional 22,388 shares during the last quarter. Hanson McClain Inc. lifted its stake in shares of American River Bankshares by 54.7% during the 1st quarter. Hanson McClain Inc. now owns 4,698 shares of the financial services provider’s stock worth $61,000 after purchasing an additional 1,661 shares during the last quarter. Finally, Phocas Financial Corp. purchased a new stake in shares of American River Bankshares during the 4th quarter worth $78,000. 50.80% of the stock is currently owned by institutional investors.

AMRB has been the subject of a number of analyst reports. Zacks Investment Research cut American River Bankshares from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 23rd. ValuEngine upgraded American River Bankshares from a “sell” rating to a “hold” rating in a research note on Saturday, March 9th.

NASDAQ:AMRB traded up $0.05 during mid-day trading on Tuesday, hitting $12.55. 1,979 shares of the company’s stock traded hands, compared to its average volume of 2,397. American River Bankshares has a twelve month low of $10.50 and a twelve month high of $17.50. The firm has a market capitalization of $73.60 million, a P/E ratio of 15.12 and a beta of 0.24. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.59 and a quick ratio of 0.59.

American River Bankshares (NASDAQ:AMRB) last announced its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.05). The firm had revenue of $5.96 million during the quarter, compared to analyst estimates of $5.93 million. American River Bankshares had a net margin of 18.88% and a return on equity of 6.34%. On average, analysts expect that American River Bankshares will post 1 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend was Tuesday, April 30th. American River Bankshares’s dividend payout ratio (DPR) is 24.10%.

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American River Bankshares Company Profile

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.

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Institutional Ownership by Quarter for American River Bankshares (NASDAQ:AMRB)

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