Access National Corporation (ANCX) Given Daily Coverage Optimism Score of 0.04
News stories about Access National Corporation (NASDAQ:ANCX) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Access National Corporation earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.0311503732869 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
ANCX has been the topic of several recent analyst reports. BidaskClub upgraded Access National Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Zacks Investment Research upgraded Access National Corporation from a “sell” rating to a “hold” rating in a research report on Monday, June 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $30.67.
Access National Corporation (ANCX) traded up 0.51% during trading on Monday, reaching $25.70. The company’s stock had a trading volume of 25,248 shares. The stock has a market capitalization of $524.05 million, a price-to-earnings ratio of 24.34 and a beta of 0.96. The firm has a 50 day moving average of $25.57 and a 200 day moving average of $27.25. Access National Corporation has a 52 week low of $22.73 and a 52 week high of $33.18.
The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Monday, August 14th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.60 annualized dividend and a yield of 2.34%. Access National Corporation’s payout ratio is 59.41%.
In other news, Director J Randolph Babbitt bought 4,100 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average price of $25.53 per share, with a total value of $104,673.00. Following the completion of the acquisition, the director now directly owns 9,126 shares in the company, valued at $232,986.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have purchased 4,955 shares of company stock worth $126,168. 14.23% of the stock is owned by corporate insiders.
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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.
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