TheStreet upgraded shares of American River Bankshares (NASDAQ:AMRB) from a c+ rating to a b rating in a research report report published on Thursday.

A number of other brokerages have also weighed in on AMRB. ValuEngine upgraded American River Bankshares from a hold rating to a buy rating in a research note on Wednesday, July 4th. Zacks Investment Research upgraded American River Bankshares from a strong sell rating to a hold rating in a research note on Monday, June 25th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. American River Bankshares currently has an average rating of Hold and an average price target of $17.00.

Shares of NASDAQ AMRB opened at $15.48 on Thursday. The company has a market cap of $90.79 million, a PE ratio of 18.65 and a beta of 0.13. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.58 and a current ratio of 0.58. American River Bankshares has a 1-year low of $12.21 and a 1-year high of $17.50.

American River Bankshares (NASDAQ:AMRB) last announced its earnings results on Thursday, October 18th. The financial services provider reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). The firm had revenue of $5.63 million for the quarter, compared to the consensus estimate of $5.60 million. American River Bankshares had a return on equity of 6.76% and a net margin of 14.79%. Equities research analysts predict that American River Bankshares will post 0.92 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 14th. Shareholders of record on Wednesday, October 31st will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.29%. American River Bankshares’s dividend payout ratio (DPR) is presently 26.67%.

In related news, Director Michael A. Ziegler acquired 3,000 shares of the stock in a transaction on Friday, July 27th. The shares were purchased at an average price of $15.82 per share, for a total transaction of $47,460.00. Following the purchase, the director now directly owns 25,854 shares in the company, valued at $409,010.28. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 10.10% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in American River Bankshares by 0.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 369,239 shares of the financial services provider’s stock worth $5,727,000 after acquiring an additional 3,317 shares during the period. Macquarie Group Ltd. bought a new position in American River Bankshares during the 2nd quarter worth $108,000. Renaissance Technologies LLC bought a new position in American River Bankshares during the 2nd quarter worth $201,000. Intersect Capital LLC bought a new position in American River Bankshares during the 2nd quarter worth $270,000. Finally, Siena Capital Partners GP LLC increased its stake in American River Bankshares by 41.5% during the 2nd quarter. Siena Capital Partners GP LLC now owns 173,815 shares of the financial services provider’s stock worth $2,755,000 after acquiring an additional 51,008 shares during the period. Hedge funds and other institutional investors own 50.62% of the company’s stock.

American River Bankshares Company Profile

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in California, the United States. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.

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