SG Americas Securities LLC Makes New $103,000 Investment in National Bankshares, Inc. (NASDAQ:NKSH)

SG Americas Securities LLC bought a new position in shares of National Bankshares, Inc. (NASDAQ:NKSH) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,186 shares of the bank’s stock, valued at approximately $103,000.

Several other large investors also recently added to or reduced their stakes in NKSH. BlackRock Inc. grew its stake in National Bankshares by 198.0% in the second quarter. BlackRock Inc. now owns 368,240 shares of the bank’s stock worth $10,749,000 after purchasing an additional 244,683 shares in the last quarter. rhino investment partners Inc purchased a new position in shares of National Bankshares during the fourth quarter valued at $5,597,000. Brandes Investment Partners LP increased its stake in shares of National Bankshares by 88.8% during the third quarter. Brandes Investment Partners LP now owns 201,260 shares of the bank’s stock valued at $5,040,000 after buying an additional 94,636 shares during the period. Geode Capital Management LLC raised its holdings in shares of National Bankshares by 101.7% in the second quarter. Geode Capital Management LLC now owns 114,999 shares of the bank’s stock valued at $3,357,000 after acquiring an additional 57,989 shares in the last quarter. Finally, State Street Corp lifted its stake in National Bankshares by 186.5% in the second quarter. State Street Corp now owns 67,256 shares of the bank’s stock worth $1,963,000 after acquiring an additional 43,781 shares during the period. 29.73% of the stock is owned by hedge funds and other institutional investors.

National Bankshares Price Performance

Shares of National Bankshares stock opened at $28.68 on Friday. National Bankshares, Inc. has a 1 year low of $22.28 and a 1 year high of $37.00. The stock has a market cap of $169.04 million, a price-to-earnings ratio of 10.78 and a beta of 0.52. The firm’s 50-day moving average is $31.97 and its two-hundred day moving average is $29.73.

National Bankshares (NASDAQ:NKSH) last released its quarterly earnings data on Tuesday, March 19th. The bank reported $0.71 earnings per share (EPS) for the quarter. The firm had revenue of $10.73 million for the quarter, compared to the consensus estimate of $11.11 million. National Bankshares had a net margin of 23.01% and a return on equity of 12.16%. On average, equities analysts expect that National Bankshares, Inc. will post 1.95 earnings per share for the current year.

National Bankshares Company Profile

National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts.