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

Barclays PLC increased its position in shares of Ames National Co. (NASDAQ:ATLO) by 299.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 owned approximately 0.13% of Ames National worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ATLO. State Street Corp raised its holdings in Ames National by 0.9% in the 3rd quarter. State Street Corp now owns 123,550 shares of the financial services provider’s stock valued at $2,252,000 after buying an additional 1,069 shares during the period. Choreo LLC purchased a new stake in Ames National in the 2nd quarter valued at about $807,000. Finally, Bank of New York Mellon Corp raised its holdings in Ames National by 4.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,235 shares of the financial services provider’s stock valued at $763,000 after buying an additional 1,737 shares during the period. Institutional investors and hedge funds own 26.47% of the company’s stock.

Ames National Price Performance

Shares of NASDAQ:ATLO opened at $16.45 on Tuesday. The firm has a market capitalization of $147.92 million, a PE ratio of 16.62 and a beta of 0.56. The firm’s 50-day moving average is $17.07 and its two-hundred day moving average is $18.27. Ames National Co. has a 1 year low of $15.69 and a 1 year high of $22.41.

Ames National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, January 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.86%. 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.