American River Bankshares (NASDAQ:AMRB) Institutional Investors Quarterly Sentiment

September 15, 2018 - By Jack Shaw

Sentiment for American River Bankshares (NASDAQ:AMRB)

American River Bankshares (NASDAQ:AMRB) institutional sentiment increased to 1 in 2018 Q2. Its up 0.33, from 0.67 in 2018Q1. The ratio is more positive, as 10 hedge funds started new or increased equity positions, while 10 cut down and sold equity positions in American River Bankshares. The hedge funds in our partner’s database now possess: 2.74 million shares, down from 2.79 million shares in 2018Q1. Also, the number of hedge funds holding American River Bankshares in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 8 Increased: 7 New Position: 3.

American River Bankshares operates as the holding firm for American River Bank that provides commercial banking services and products to small to mid-sized businesses in California. The company has market cap of $89.97 million. The firm accepts checking and savings deposits, money market deposit accounts, and certificates of deposits. It has a 28.3 P/E ratio. It also provides secured and unsecured commercial, secured real estate, and other installment and term loans, as well as other customary banking services.

The stock decreased 3.44% or $0.55 during the last trading session, reaching $15.45. About 1,861 shares traded. American River Bankshares (NASDAQ:AMRB) has risen 20.21% since September 15, 2017 and is uptrending. It has outperformed by 4.59% the S&P500.

Analysts await American River Bankshares (NASDAQ:AMRB) to report earnings on October, 18. They expect $0.23 EPS, up 35.29 % or $0.06 from last year’s $0.17 per share. AMRB’s profit will be $1.34M for 16.79 P/E if the $0.23 EPS becomes a reality. After $0.22 actual EPS reported by American River Bankshares for the previous quarter, Wall Street now forecasts 4.55 % EPS growth.

Pacific Ridge Capital Partners Llc holds 1.04% of its portfolio in American River Bankshares for 284,327 shares. Maltese Capital Management Llc owns 503,886 shares or 0.53% of their US portfolio. Moreover, Basswood Capital Management L.L.C. has 0.5% invested in the company for 666,118 shares. The New York-based Firefly Value Partners Lp has invested 0.37% in the stock. Intersect Capital Llc, a California-based fund reported 17,059 shares.

Since January 1, 0001, it had 4 buys, and 1 insider sale for $145,733 activity.

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