Thomas M. Kody Purchases 795 Shares of Access National Corporation (ANCX) Stock
Access National Corporation (NASDAQ:ANCX) Director Thomas M. Kody bought 795 shares of the stock in a transaction dated Friday, August 25th. The stock was purchased at an average cost of $25.14 per share, with a total value of $19,986.30. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Access National Corporation (ANCX) traded up 0.20% during midday trading on Thursday, hitting $25.50. The stock had a trading volume of 3,070 shares. The stock has a market cap of $519.97 million, a price-to-earnings ratio of 24.15 and a beta of 0.95. The company has a 50-day moving average of $26.12 and a 200-day moving average of $27.43. Access National Corporation has a 1-year low of $21.76 and a 1-year high of $33.18.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 25th. Shareholders of record on Monday, August 14th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend was Thursday, August 10th. Access National Corporation’s dividend payout ratio is presently 59.41%.
ILLEGAL ACTIVITY NOTICE: “Thomas M. Kody Purchases 795 Shares of Access National Corporation (ANCX) Stock” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/08/31/thomas-m-kody-purchases-795-shares-of-access-national-corporation-ancx-stock.html.
Several research firms have recently commented on ANCX. BidaskClub raised Access National Corporation from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Zacks Investment Research raised Access National Corporation from a “sell” rating to a “hold” rating in a research note on Monday, June 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $30.67.
A number of hedge funds have recently bought and sold shares of the company. Sandy Spring Bank acquired a new stake in Access National Corporation during the second quarter valued at $141,000. Royal Bank of Canada increased its stake in Access National Corporation by 53.1% in the second quarter. Royal Bank of Canada now owns 5,413 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,877 shares in the last quarter. American International Group Inc. increased its stake in Access National Corporation by 6.8% in the first quarter. American International Group Inc. now owns 5,014 shares of the financial services provider’s stock valued at $151,000 after buying an additional 321 shares in the last quarter. Nationwide Fund Advisors increased its stake in Access National Corporation by 17.6% in the first quarter. Nationwide Fund Advisors now owns 5,384 shares of the financial services provider’s stock valued at $162,000 after buying an additional 807 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY increased its stake in Access National Corporation by 847.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 6,445 shares of the financial services provider’s stock valued at $179,000 after buying an additional 5,765 shares in the last quarter. 36.86% of the stock is owned by institutional investors and hedge funds.
Access National Corporation Company Profile
Access National Corporation is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals.
Receive News & Stock Ratings for Access National Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Access National Corporation and related stocks with our FREE daily email newsletter.