Dalton Greiner Hartman Maher & Co. grew its holdings in shares of National Bankshares Inc. (NASDAQ:NKSH) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 95,582 shares of the bank’s stock after buying an additional 2,827 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in National Bankshares were worth $4,294,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Marshall Wace LLP acquired a new stake in National Bankshares during the 1st quarter worth $28,000. Bank of Montreal Can boosted its stake in 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 purchasing an additional 518 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in National Bankshares during the 3rd quarter worth $162,000. Commonwealth Equity Services LLC acquired a new stake in National Bankshares during the 3rd quarter worth $212,000. Finally, Rhumbline Advisers boosted its stake in National Bankshares by 8.3% during the 3rd quarter. Rhumbline Advisers now owns 10,438 shares of the bank’s stock worth $418,000 after purchasing an additional 803 shares during the last quarter. 30.65% of the stock is currently owned by institutional investors.
NASDAQ NKSH opened at $42.75 on Thursday. National Bankshares Inc. has a 52 week low of $32.52 and a 52 week high of $48.82. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.01. The business’s fifty day simple moving average is $44.41 and its 200-day simple moving average is $39.82. The firm has a market cap of $279.70 million, a PE ratio of 16.77 and a beta of 0.54.
National Bankshares (NASDAQ:NKSH) last posted its quarterly earnings results on Thursday, November 7th. The bank reported $0.65 EPS for the quarter. National Bankshares had a return on equity of 9.28% and a net margin of 32.46%. The business had revenue of $11.52 million for the quarter.
NKSH has been the topic of several recent research reports. Sandler O’Neill cut shares of National Bankshares from a “buy” rating to a “hold” rating in a research note on Friday, November 22nd. BidaskClub lowered National Bankshares from a “hold” rating to a “sell” rating in a report on Tuesday, January 7th. ValuEngine lowered National Bankshares from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Finally, TheStreet upgraded National Bankshares from a “c+” rating to a “b-” rating in a report on Tuesday, October 1st.
About National Bankshares
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.
Featured Article: Why do companies engage in swaps?
Want to see what other hedge funds are holding NKSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Bankshares Inc. (NASDAQ:NKSH).
Receive News & Ratings for National Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.