ValuEngine cut shares of American River Bankshares (NASDAQ:AMRB) from a buy rating to a hold rating in a research note published on Tuesday.

Separately, Zacks Investment Research raised shares of American River Bankshares from a hold rating to a buy rating and set a $18.00 price objective for the company in a research note on Tuesday, July 24th.

AMRB stock opened at $15.12 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.58 and a quick ratio of 0.58. American River Bankshares has a 1 year low of $12.21 and a 1 year high of $17.50. The firm has a market capitalization of $88.85 million, a P/E ratio of 18.94 and a beta of 0.20.

American River Bankshares (NASDAQ:AMRB) last released its quarterly earnings data on Friday, July 20th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. American River Bankshares had a net margin of 14.98% and a return on equity of 6.51%. The business had revenue of $5.50 million during the quarter, compared to analyst estimates of $5.35 million. equities analysts forecast that American River Bankshares will post 0.92 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 15th. Investors of record on Wednesday, August 1st were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, July 31st. American River Bankshares’s payout ratio is presently 26.67%.

In other American River Bankshares news, Director Michael A. Ziegler acquired 3,000 shares of American River Bankshares stock in a transaction that occurred on Friday, July 27th. The stock was acquired at an average price of $15.82 per share, with a total value of $47,460.00. Following the purchase, the director now owns 25,854 shares in the company, valued at $409,010.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.10% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the business. Macquarie Group Ltd. acquired a new position in American River Bankshares during the 2nd quarter worth $108,000. Renaissance Technologies LLC acquired a new position in American River Bankshares during the 2nd quarter worth $201,000. Intersect Capital LLC acquired a new position in American River Bankshares during the 2nd quarter worth $270,000. Siena Capital Partners GP LLC acquired a new position in American River Bankshares during the 1st quarter worth $1,905,000. Finally, Pacific Ridge Capital Partners LLC lifted its position in American River Bankshares by 1.5% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 264,669 shares of the financial services provider’s stock worth $4,105,000 after acquiring an additional 3,840 shares during the last quarter. 50.62% of the stock is owned by hedge funds and other institutional investors.

About American River Bankshares

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 in California, the United States. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.

Recommended Story: Short Selling Stocks, A Beginner’s Guide

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for American River Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American River Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.