California Public Employees Retirement System raised its position in Ames National Co. (NASDAQ:ATLO) by 9.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,538 shares of the financial services provider’s stock after buying an additional 2,138 shares during the quarter. California Public Employees Retirement System owned approximately 0.26% of Ames National worth $757,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in shares of Ames National by 62.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 37,653 shares of the financial services provider’s stock worth $1,035,000 after buying an additional 14,464 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Ames National by 25.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 19,516 shares of the financial services provider’s stock valued at $603,000 after purchasing an additional 4,016 shares during the last quarter. Royce & Associates LP grew its holdings in shares of Ames National by 4.9% during the 2nd quarter. Royce & Associates LP now owns 504,485 shares of the financial services provider’s stock valued at $15,563,000 after purchasing an additional 23,409 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Ames National by 6.7% during the 2nd quarter. BlackRock Inc. now owns 565,580 shares of the financial services provider’s stock valued at $17,448,000 after purchasing an additional 35,521 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Ames National by 6.1% during the 2nd quarter. Renaissance Technologies LLC now owns 97,200 shares of the financial services provider’s stock valued at $2,999,000 after purchasing an additional 5,600 shares during the last quarter. Institutional investors own 24.02% of the company’s stock.

Several research firms recently commented on ATLO. ValuEngine lowered shares of Ames National from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. BidaskClub lowered shares of Ames National from a “buy” rating to a “hold” rating in a report on Wednesday, July 18th.

ATLO stock opened at $27.01 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.71 and a current ratio of 0.74. Ames National Co. has a 52 week low of $26.00 and a 52 week high of $32.15. The firm has a market cap of $253.63 million, a P/E ratio of 15.75 and a beta of 0.58.

In other news, insider Curtis A. Hoff purchased 1,000 shares of the company’s stock in a transaction on Friday, September 14th. The stock was acquired at an average price of $27.25 per share, with a total value of $27,250.00. Following the transaction, the insider now directly owns 6,000 shares of the company’s stock, valued at approximately $163,500. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired a total of 2,224 shares of company stock valued at $60,961 in the last three months. 8.36% of the stock is currently owned by corporate insiders.

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Ames National Company Profile

Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story. The company offers a range of deposits, including checking accounts, savings accounts, time deposits, money market accounts, demand deposits, and certificates of deposit; and loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans, and mortgage loans for sale into the secondary market, as well as agricultural and business operating loans and lines of credit.

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Institutional Ownership by Quarter for Ames National (NASDAQ:ATLO)

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