Royce & Associates LP Sells 46,294 Shares of National Bankshares Inc. (NKSH)

Royce & Associates LP trimmed its position in shares of National Bankshares Inc. (NASDAQ:NKSH) by 9.4% during the 4th quarter, HoldingsChannel reports. The fund owned 444,903 shares of the bank’s stock after selling 46,294 shares during the period. Royce & Associates LP owned approximately 0.06% of National Bankshares worth $20,221,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. raised its holdings in shares of National Bankshares by 0.8% during the 4th quarter. BlackRock Inc. now owns 452,045 shares of the bank’s stock worth $20,545,000 after acquiring an additional 3,782 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of National Bankshares by 34.4% during the 4th quarter. Bank of New York Mellon Corp now owns 40,271 shares of the bank’s stock worth $1,830,000 after acquiring an additional 10,314 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of National Bankshares by 505.7% during the 4th quarter. Wells Fargo & Company MN now owns 43,250 shares of the bank’s stock worth $1,966,000 after acquiring an additional 36,109 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of National Bankshares by 44.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 13,388 shares of the bank’s stock worth $609,000 after acquiring an additional 4,088 shares in the last quarter. Finally, Dalton Greiner Hartman Maher & Co. raised its holdings in shares of National Bankshares by 28.0% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 63,357 shares of the bank’s stock worth $2,880,000 after acquiring an additional 13,864 shares in the last quarter. 36.58% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub cut National Bankshares from a “sell” rating to a “strong sell” rating in a report on Friday, January 5th.

Shares of National Bankshares Inc. (NKSH) opened at $37.95 on Thursday. National Bankshares Inc. has a twelve month low of $36.05 and a twelve month high of $47.70. The firm has a market capitalization of $264.05, a price-to-earnings ratio of 18.33 and a beta of 0.23.

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National Bankshares Profile

National Bankshares, Inc is a financial holding company. The Company conducts its operations through its community bank subsidiary, the National Bank of Blacksburg (NBB or the Bank). NBB offers a range of retail and commercial banking services to individuals, businesses, non-profits and local governments.

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Institutional Ownership by Quarter for National Bankshares (NASDAQ:NKSH)

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