Vanguard Group Inc. lifted its stake in shares of National Bankshares Inc. (NASDAQ:NKSH) by 3.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 291,335 shares of the bank’s stock after acquiring an additional 8,820 shares during the period. Vanguard Group Inc.’s holdings in National Bankshares were worth $11,342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aperio Group LLC bought a new stake in shares of National Bankshares during the 2nd quarter worth $88,000. Renaissance Technologies LLC lifted its holdings in shares of National Bankshares by 6.3% during the 2nd quarter. Renaissance Technologies LLC now owns 74,627 shares of the bank’s stock worth $2,905,000 after acquiring an additional 4,422 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of National Bankshares by 33.5% during the 2nd quarter. Bank of Montreal Can now owns 2,066 shares of the bank’s stock worth $80,000 after acquiring an additional 518 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of National Bankshares by 164.2% during the 2nd quarter. Acadian Asset Management LLC now owns 4,668 shares of the bank’s stock worth $182,000 after acquiring an additional 2,901 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in National Bankshares in the 1st quarter worth $28,000. 29.58% of the stock is owned by institutional investors.

A number of equities analysts recently commented on NKSH shares. ValuEngine upgraded shares of National Bankshares from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. BidaskClub upgraded shares of National Bankshares from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 14th. Finally, TheStreet upgraded shares of National Bankshares from a “c+” rating to a “b-” rating in a research report on Tuesday, October 1st.

NASDAQ:NKSH traded up $0.20 during trading hours on Wednesday, reaching $41.51. The company’s stock had a trading volume of 11 shares, compared to its average volume of 8,966. The firm has a market capitalization of $268.93 million, a price-to-earnings ratio of 16.52 and a beta of 0.53. The firm has a 50-day simple moving average of $38.56 and a 200-day simple moving average of $38.13. National Bankshares Inc. has a 1 year low of $32.52 and a 1 year high of $47.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.75 and a current ratio of 0.75.

National Bankshares (NASDAQ:NKSH) last issued its earnings results on Thursday, October 17th. The bank reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. National Bankshares had a net margin of 32.78% and a return on equity of 9.28%.

National Bankshares Company Profile

National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts.

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Institutional Ownership by Quarter for National Bankshares (NASDAQ:NKSH)

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