3,186 Shares in National Bankshares, Inc. (NASDAQ:NKSH) Purchased by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in shares of National Bankshares, Inc. (NASDAQ:NKSH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,186 shares of the bank’s stock, valued at approximately $103,000. SG Americas Securities LLC owned approximately 0.05% of National Bankshares as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of National Bankshares by 3.6% during the third quarter. LPL Financial LLC now owns 28,753 shares of the bank’s stock valued at $720,000 after acquiring an additional 1,000 shares in the last quarter. Brandes Investment Partners LP raised its stake in shares of National Bankshares by 88.8% in the third quarter. Brandes Investment Partners LP now owns 201,260 shares of the bank’s stock worth $5,040,000 after purchasing an additional 94,636 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of National Bankshares during the third quarter valued at $60,000. Bank of New York Mellon Corp boosted its position in shares of National Bankshares by 2.2% during the third quarter. Bank of New York Mellon Corp now owns 25,678 shares of the bank’s stock valued at $643,000 after buying an additional 551 shares during the last quarter. Finally, Comerica Bank purchased a new stake in shares of National Bankshares during the second quarter valued at $330,000. 29.73% of the stock is owned by hedge funds and other institutional investors.

National Bankshares Stock Performance

Shares of NASDAQ:NKSH opened at $28.68 on Friday. The firm has a market cap of $169.04 million, a price-to-earnings ratio of 10.78 and a beta of 0.52. The business has a 50-day simple moving average of $31.97 and a two-hundred day simple moving average of $29.73. National Bankshares, Inc. has a fifty-two week low of $22.28 and a fifty-two week high of $37.00.

National Bankshares (NASDAQ:NKSH) last released its quarterly earnings data on Tuesday, March 19th. The bank reported $0.71 earnings per share for the quarter. National Bankshares had a net margin of 23.01% and a return on equity of 12.16%. The firm had revenue of $10.73 million during the quarter, compared to analysts’ expectations of $11.11 million. As a group, research analysts predict 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.