Ames National Co. (NASDAQ:ATLO) Shares Acquired by Barclays PLC

Barclays PLC grew its position in Ames National Co. (NASDAQ:ATLO) by 299.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 11,418 shares of the financial services provider’s stock after acquiring an additional 8,557 shares during the quarter. Barclays PLC’s holdings in Ames National were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. State Street Corp boosted its holdings in shares of Ames National by 0.9% in the third quarter. State Street Corp now owns 123,550 shares of the financial services provider’s stock valued at $2,252,000 after acquiring an additional 1,069 shares during the period. Choreo LLC acquired a new stake in shares of Ames National in the second quarter valued at approximately $807,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Ames National by 4.9% during the second quarter. Bank of New York Mellon Corp now owns 37,235 shares of the financial services provider’s stock worth $763,000 after purchasing an additional 1,737 shares during the last quarter. 26.47% of the stock is owned by institutional investors and hedge funds.

Ames National Price Performance

Ames National stock opened at $16.45 on Tuesday. Ames National Co. has a 12 month low of $15.69 and a 12 month high of $22.41. The business has a 50 day simple moving average of $17.07 and a 200-day simple moving average of $18.27. The stock has a market capitalization of $147.92 million, a PE ratio of 16.62 and a beta of 0.56.

Ames National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.86%. The ex-dividend date is Friday, January 31st. Ames National’s payout ratio is 80.81%.

Ames National Profile

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.