American River Bankshares (NASDAQ:AMRB) has been assigned an average recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $16.00.

A number of research firms have recently weighed in on AMRB. Zacks Investment Research upgraded American River Bankshares from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Tuesday, July 24th. ValuEngine lowered American River Bankshares from a “buy” rating to a “hold” rating in a report on Tuesday, August 28th. Raymond James upgraded American River Bankshares from an “underperform” rating to a “market perform” rating in a report on Monday, October 22nd. They noted that the move was a valuation call. Finally, TheStreet lowered American River Bankshares from a “b” rating to a “c+” rating in a report on Friday, August 31st.

In other American River Bankshares news, Director William A. Robotham purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 24th. The shares were acquired at an average cost of $15.50 per share, for a total transaction of $155,000.00. Following the completion of the acquisition, the director now owns 98,137 shares of the company’s stock, valued at approximately $1,521,123.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kimberly Ann Box purchased 2,900 shares of the company’s stock in a transaction that occurred on Friday, November 9th. The shares were acquired at an average price of $15.15 per share, for a total transaction of $43,935.00. Following the completion of the acquisition, the director now directly owns 19,879 shares of the company’s stock, valued at approximately $301,166.85. The disclosure for this purchase can be found here. Insiders have purchased 17,258 shares of company stock worth $265,108 over the last quarter. 10.10% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of AMRB. Macquarie Group Ltd. bought a new stake in American River Bankshares during the second quarter worth $108,000. Renaissance Technologies LLC bought a new stake in American River Bankshares during the second quarter worth $201,000. Intersect Capital LLC bought a new stake in American River Bankshares during the second quarter worth $270,000. Siena Capital Partners GP LLC lifted its holdings in American River Bankshares by 41.5% during the second quarter. Siena Capital Partners GP LLC now owns 173,815 shares of the financial services provider’s stock worth $2,755,000 after acquiring an additional 51,008 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in American River Bankshares by 0.9% during the first quarter. Dimensional Fund Advisors LP now owns 369,239 shares of the financial services provider’s stock worth $5,727,000 after acquiring an additional 3,317 shares during the period. Institutional investors and hedge funds own 50.61% of the company’s stock.

AMRB stock opened at $15.50 on Friday. American River Bankshares has a twelve month low of $12.21 and a twelve month high of $17.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market capitalization of $88.15 million, a PE ratio of 20.67 and a beta of 0.16.

American River Bankshares (NASDAQ:AMRB) last posted its earnings results on Thursday, October 18th. The financial services provider reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). American River Bankshares had a net margin of 14.79% and a return on equity of 6.80%. The company had revenue of $5.63 million during the quarter, compared to the consensus estimate of $5.60 million. Equities research analysts anticipate that American River Bankshares will post 0.88 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 14th. Investors of record on Wednesday, October 31st were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, October 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.29%. American River Bankshares’s dividend payout ratio (DPR) is currently 26.67%.

American River Bankshares Company Profile

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.

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