American River Bankshares (NASDAQ:AMRB) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “American River Bankshares is the parent company of American River Bank, a regional bank in Northern California with 10 full service branches in Sacramento, Sonoma, Placer and Amador Counties as well as two loan production offices in the San Francisco Bay Area. The Bank specializes in giving business owners more REACH by offering financial expertise and exceptional service to complement a full suite of banking products and lending solutions such as secured and unsecured lines of credit, commercial real estate loans, equipment financing, payroll and merchant card services. For more information, call (800) 544-0545 or visit AmericanRiverBank.com. “

AMRB has been the subject of a number of other research reports. ValuEngine upgraded American River Bankshares from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Sandler O’Neill set a $16.00 price objective on American River Bankshares and gave the company a “hold” rating in a research report on Thursday, January 4th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $16.50.

Shares of American River Bankshares (NASDAQ AMRB) opened at $15.12 on Tuesday. The firm has a market capitalization of $92.72, a P/E ratio of 30.86 and a beta of 0.30. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.64 and a quick ratio of 0.64. American River Bankshares has a 52-week low of $12.97 and a 52-week high of $16.49.

American River Bankshares (NASDAQ:AMRB) last released its earnings results on Thursday, January 25th. The financial services provider reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The firm had revenue of $5.23 million during the quarter, compared to analyst estimates of $5.35 million. American River Bankshares had a return on equity of 5.82% and a net margin of 14.53%. equities analysts predict that American River Bankshares will post 0.96 EPS for the current fiscal year.

American River Bankshares announced that its Board of Directors has approved a share repurchase plan on Thursday, October 19th that authorizes the company to buyback 320,000 shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

In other news, COO Kevin Bender sold 4,878 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $15.01, for a total transaction of $73,218.78. Following the completion of the sale, the chief operating officer now owns 13,473 shares in the company, valued at approximately $202,229.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.20% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the company. Maltese Capital Management LLC lifted its position in shares of American River Bankshares by 1.3% during the 4th quarter. Maltese Capital Management LLC now owns 505,354 shares of the financial services provider’s stock valued at $7,702,000 after acquiring an additional 6,541 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of American River Bankshares by 2.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 361,325 shares of the financial services provider’s stock valued at $5,069,000 after acquiring an additional 7,266 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its position in shares of American River Bankshares by 2.4% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 260,829 shares of the financial services provider’s stock valued at $3,975,000 after acquiring an additional 6,140 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of American River Bankshares by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 227,191 shares of the financial services provider’s stock valued at $3,296,000 after acquiring an additional 4,667 shares during the last quarter. Finally, Context BH Capital Management LP lifted its position in shares of American River Bankshares by 22.0% during the 3rd quarter. Context BH Capital Management LP now owns 22,236 shares of the financial services provider’s stock valued at $308,000 after acquiring an additional 4,005 shares during the last quarter. Institutional investors own 54.50% of the company’s stock.

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About American River Bankshares

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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