Fvcbankcorp, Inc. $FVCB Shares Sold by Endeavour Capital Advisors Inc.

Endeavour Capital Advisors Inc. lessened its position in shares of Fvcbankcorp, Inc. (NASDAQ:FVCBFree Report) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,303,854 shares of the company’s stock after selling 42,629 shares during the period. Fvcbankcorp accounts for 5.0% of Endeavour Capital Advisors Inc.’s holdings, making the stock its 7th biggest holding. Endeavour Capital Advisors Inc. owned about 0.07% of Fvcbankcorp worth $18,137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Russell Investments Group Ltd. boosted its position in Fvcbankcorp by 115.6% during the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after acquiring an additional 1,589 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Fvcbankcorp by 138.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock worth $55,000 after acquiring an additional 2,468 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Fvcbankcorp in the 2nd quarter valued at about $71,000. Jane Street Group LLC acquired a new position in shares of Fvcbankcorp in the 1st quarter valued at about $154,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Fvcbankcorp by 18.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock valued at $193,000 after purchasing an additional 2,299 shares in the last quarter. Institutional investors and hedge funds own 43.61% of the company’s stock.

Insider Transactions at Fvcbankcorp

In related news, Director Phillip R. Wills III sold 11,462 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $14.81, for a total transaction of $169,752.22. Following the completion of the sale, the director owned 53,694 shares in the company, valued at approximately $795,208.14. This represents a 17.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders sold a total of 18,762 shares of company stock worth $283,006 in the last ninety days. Corporate insiders own 11.16% of the company’s stock.

Fvcbankcorp Price Performance

Shares of NASDAQ FVCB opened at $15.71 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.02 and a quick ratio of 1.02. The company has a 50-day moving average price of $15.37 and a 200-day moving average price of $14.58. The stock has a market capitalization of $282.78 million, a P/E ratio of 12.27 and a beta of 0.36. Fvcbankcorp, Inc. has a 1 year low of $11.13 and a 1 year high of $18.41.

Fvcbankcorp (NASDAQ:FVCBGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The business had revenue of $18.29 million for the quarter, compared to analysts’ expectations of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.33%. On average, equities research analysts forecast that Fvcbankcorp, Inc. will post 1.47 EPS for the current fiscal year.

Fvcbankcorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 18th. Investors of record on Monday, April 27th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, April 27th. This is a positive change from Fvcbankcorp’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 1.8%. Fvcbankcorp’s payout ratio is presently 21.88%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on FVCB shares. Piper Sandler reaffirmed an “overweight” rating and set a $19.00 target price (up from $18.00) on shares of Fvcbankcorp in a research note on Monday, May 4th. Weiss Ratings upgraded Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.00.

Get Our Latest Stock Analysis on FVCB

About Fvcbankcorp

(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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Institutional Ownership by Quarter for Fvcbankcorp (NASDAQ:FVCB)

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