Blair William & Co. IL maintained its stake in American River Bankshares (NASDAQ:AMRB) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,776 shares of the financial services provider’s stock at the end of the 2nd quarter. Blair William & Co. IL owned approximately 0.23% of American River Bankshares worth $214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AMRB. Acadian Asset Management LLC lifted its position in American River Bankshares by 729.4% in the first quarter. Acadian Asset Management LLC now owns 13,395 shares of the financial services provider’s stock worth $198,000 after buying an additional 11,780 shares during the last quarter. LSV Asset Management lifted its position in American River Bankshares by 116.2% in the first quarter. LSV Asset Management now owns 12,279 shares of the financial services provider’s stock worth $181,000 after buying an additional 6,600 shares during the last quarter. Context BH Capital Management LP lifted its position in American River Bankshares by 0.7% in the first quarter. Context BH Capital Management LP now owns 18,231 shares of the financial services provider’s stock worth $270,000 after buying an additional 132 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its position in American River Bankshares by 14.9% in the first quarter. Pacific Ridge Capital Partners LLC now owns 271,212 shares of the financial services provider’s stock worth $4,019,000 after buying an additional 35,144 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in American River Bankshares by 871.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 15,585 shares of the financial services provider’s stock worth $231,000 after buying an additional 13,981 shares during the last quarter. Institutional investors own 51.03% of the company’s stock.

A number of analysts recently issued reports on AMRB shares. Raymond James Financial, Inc. downgraded American River Bankshares from a “market perform” rating to an “underperform” rating in a research report on Thursday, August 10th. Zacks Investment Research lowered American River Bankshares from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, UBS AG lowered American River Bankshares from a “market perform” rating to an “underperform” rating in a research note on Thursday, August 10th.

Shares of American River Bankshares (AMRB) opened at 13.11 on Friday. The firm has a 50-day moving average price of $13.59 and a 200-day moving average price of $14.28. American River Bankshares has a 1-year low of $10.31 and a 1-year high of $15.99. The stock has a market cap of $82.30 million, a price-to-earnings ratio of 14.02 and a beta of 0.39.

American River Bankshares (NASDAQ:AMRB) last announced its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.20 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.20. American River Bankshares had a return on equity of 7.46% and a net margin of 27.46%. The business had revenue of $5.31 million for the quarter, compared to analyst estimates of $5.35 million. Equities analysts forecast that American River Bankshares will post $0.79 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Wednesday, August 2nd were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.53%. The ex-dividend date was Monday, July 31st. American River Bankshares’s dividend payout ratio (DPR) is presently 21.28%.

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In other news, CEO David T. Taber sold 33,753 shares of the company’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $13.85, for a total value of $467,479.05. Following the transaction, the chief executive officer now owns 165,751 shares of the company’s stock, valued at approximately $2,295,651.35. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 12.50% of the company’s stock.

American River Bankshares Company Profile

American River Bankshares is a bank holding company. The Company’s banking subsidiary is American River Bank (the Bank). The Bank’s primary business is serving the commercial banking needs of small to mid-sized businesses. The Bank accepts checking and savings deposits; offers money market deposit accounts and certificates of deposit; makes secured and unsecured commercial loans, secured real estate loans, and other installment and term loans, and offers other customary banking services.

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

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