American River Bankshares (AMRB) Shares Bought by Context BH Capital Management LP

Context BH Capital Management LP grew its stake in American River Bankshares (NASDAQ:AMRB) by 22.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,236 shares of the financial services provider’s stock after purchasing an additional 4,005 shares during the period. Context BH Capital Management LP owned about 0.35% of American River Bankshares worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in shares of American River Bankshares by 2.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 354,059 shares of the financial services provider’s stock valued at $5,137,000 after purchasing an additional 10,030 shares in the last quarter. Vanguard Group Inc. raised its holdings in American River Bankshares by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 227,191 shares of the financial services provider’s stock valued at $3,296,000 after buying an additional 4,667 shares during the last quarter. Eidelman Virant Capital bought a new position in American River Bankshares in the 2nd quarter valued at approximately $1,420,000. Wedbush Securities Inc. raised its holdings in American River Bankshares by 89.5% in the 2nd quarter. Wedbush Securities Inc. now owns 25,643 shares of the financial services provider’s stock valued at $372,000 after buying an additional 12,114 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in American River Bankshares by 34.5% in the 1st quarter. Renaissance Technologies LLC now owns 23,800 shares of the financial services provider’s stock valued at $353,000 after buying an additional 6,100 shares during the last quarter. Institutional investors own 51.25% of the company’s stock.

A number of research analysts recently issued reports on AMRB shares. Zacks Investment Research upgraded shares of American River Bankshares from a “sell” rating to a “hold” rating in a report on Friday, September 15th. Raymond James Financial, Inc. lowered shares of American River Bankshares from a “market perform” rating to an “underperform” rating in a report on Thursday, August 10th. Finally, UBS AG lowered shares of American River Bankshares from a “market perform” rating to an “underperform” rating in a report on Thursday, August 10th.

American River Bankshares (AMRB) traded up $0.22 during trading on Tuesday, reaching $15.19. 34,800 shares of the company’s stock traded hands, compared to its average volume of 17,427. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.16. American River Bankshares has a 52-week low of $12.54 and a 52-week high of $15.99. The company has a market cap of $95.46, a price-to-earnings ratio of 17.82 and a beta of 0.37.

American River Bankshares (NASDAQ:AMRB) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.03). American River Bankshares had a return on equity of 6.66% and a net margin of 24.61%. The firm had revenue of $5.18 million for the quarter, compared to the consensus estimate of $5.45 million. equities research analysts expect that American River Bankshares will post 0.76 EPS for the current fiscal year.

American River Bankshares declared that its board has initiated a stock repurchase program on Thursday, October 19th that permits the company to buyback 320,000 shares. This buyback authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, October 31st. This represents a $0.20 annualized dividend and a yield of 1.32%. American River Bankshares’s payout ratio is 23.81%.

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American River Bankshares Profile

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.

Institutional Ownership by Quarter for American River Bankshares (NASDAQ:AMRB)

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