Fvcbankcorp, Inc. (NASDAQ:FVCB - Get Free Report) EVP Sharon Jackson sold 1,400 shares of the firm's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $18.62, for a total value of $26,068.00. Following the completion of the transaction, the executive vice president owned 22,424 shares in the company, valued at approximately $417,534.88. This trade represents a 5.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Fvcbankcorp Stock Down 0.7%
Shares of FVCB opened at $18.41 on Wednesday. The stock has a 50 day moving average price of $17.96 and a 200 day moving average price of $16.40. Fvcbankcorp, Inc. has a one year low of $11.83 and a one year high of $19.11. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $331.93 million, a price-to-earnings ratio of 12.96 and a beta of 0.33.
Fvcbankcorp (NASDAQ:FVCB - Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.06. The company had revenue of $21.30 million for the quarter, compared to analyst estimates of $19.32 million. Fvcbankcorp had a return on equity of 9.80% and a net margin of 20.45%. Equities research analysts forecast that Fvcbankcorp, Inc. will post 1.5 earnings per share for the current fiscal year.
Fvcbankcorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, July 27th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, July 27th. Fvcbankcorp's dividend payout ratio is 19.72%.
Institutional Trading of Fvcbankcorp
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Legal & General Group Plc purchased a new position in shares of Fvcbankcorp during the 2nd quarter worth $26,000. Russell Investments Group Ltd. grew its holdings in shares of Fvcbankcorp by 115.6% in the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company's stock valued at $38,000 after purchasing an additional 1,589 shares during the period. California State Teachers Retirement System grew its holdings in shares of Fvcbankcorp by 340.6% in the second quarter. California State Teachers Retirement System now owns 3,675 shares of the company's stock valued at $64,000 after purchasing an additional 2,841 shares during the period. BNP Paribas Financial Markets increased its position in Fvcbankcorp by 138.2% during the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company's stock worth $55,000 after purchasing an additional 2,468 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in Fvcbankcorp during the second quarter worth about $71,000. 43.61% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. Weiss Ratings restated a "buy (b)" rating on shares of Fvcbankcorp in a research report on Friday, June 26th. Piper Sandler upped their price objective on shares of Fvcbankcorp from $19.00 to $21.00 and gave the company an "overweight" rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Fvcbankcorp currently has an average rating of "Moderate Buy" and a consensus target price of $21.00.
Read Our Latest Analysis on Fvcbankcorp
Fvcbankcorp Company Profile
(
Get Free Report)
Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.
The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.
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