Southern National Banc. of Virginia, Inc (NASDAQ:SONA) has received an average broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. Southern National Banc. of Virginia’s rating score has declined by 100% from three months ago as a result of various analysts’ upgrades and downgrades.

Brokers have set a 1-year consensus price target of $20.50 for the company and are forecasting that the company will post $0.33 EPS for the current quarter, according to Zacks. Zacks has also assigned Southern National Banc. of Virginia an industry rank of 43 out of 255 based on the ratings given to its competitors.

A number of brokerages have weighed in on SONA. BidaskClub raised shares of Southern National Banc. of Virginia from a “sell” rating to a “hold” rating in a research report on Tuesday, February 5th. Zacks Investment Research cut shares of Southern National Banc. of Virginia from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. ValuEngine raised shares of Southern National Banc. of Virginia from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, Sandler O’Neill began coverage on shares of Southern National Banc. of Virginia in a research report on Monday, January 14th. They set a “hold” rating on the stock.

In other news, insider Marie Taylor Leibson acquired 6,500 shares of the company’s stock in a transaction dated Friday, January 4th. The shares were bought at an average price of $6.87 per share, for a total transaction of $44,655.00. Following the completion of the purchase, the insider now directly owns 2,000 shares of the company’s stock, valued at approximately $13,740. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Georgia S. Derrico acquired 4,862 shares of the company’s stock in a transaction dated Wednesday, January 30th. The shares were purchased at an average price of $14.88 per share, for a total transaction of $72,346.56. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 22,324 shares of company stock worth $248,175. 6.00% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Southern National Banc. of Virginia by 3.7% during the fourth quarter. BlackRock Inc. now owns 1,119,838 shares of the bank’s stock worth $14,804,000 after purchasing an additional 39,636 shares during the last quarter. Vanguard Group Inc lifted its holdings in Southern National Banc. of Virginia by 1.6% in the 3rd quarter. Vanguard Group Inc now owns 834,450 shares of the bank’s stock valued at $13,518,000 after acquiring an additional 13,065 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Southern National Banc. of Virginia by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 834,450 shares of the bank’s stock valued at $13,518,000 after acquiring an additional 13,065 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Southern National Banc. of Virginia by 15.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 655,843 shares of the bank’s stock valued at $8,670,000 after acquiring an additional 88,294 shares during the last quarter. Finally, Royce & Associates LP lifted its holdings in Southern National Banc. of Virginia by 6.4% in the 4th quarter. Royce & Associates LP now owns 539,566 shares of the bank’s stock valued at $7,133,000 after acquiring an additional 32,662 shares during the last quarter. Institutional investors own 70.72% of the company’s stock.

Shares of SONA traded up $0.23 during mid-day trading on Wednesday, hitting $14.64. The company had a trading volume of 42,221 shares, compared to its average volume of 60,714. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 0.96. Southern National Banc. of Virginia has a 1-year low of $12.87 and a 1-year high of $18.24. The stock has a market capitalization of $343.92 million, a PE ratio of 10.53 and a beta of 0.79.

Southern National Banc. of Virginia (NASDAQ:SONA) last released its earnings results on Thursday, January 24th. The bank reported $0.32 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.32. Southern National Banc. of Virginia had a net margin of 26.10% and a return on equity of 9.97%. The business had revenue of $24.73 million for the quarter, compared to analysts’ expectations of $24.30 million. As a group, sell-side analysts expect that Southern National Banc. of Virginia will post 1.37 earnings per share for the current fiscal year.

Southern National Banc. of Virginia Company Profile

Southern National Bancorp of Virginia, Inc operates as the bank holding company for Sonabank that provides commercial banking services to middle market corporate clients and retail clients in the United States. Its deposit products include noninterest-bearing and interest-bearing checking, commercial checking, money market, and savings accounts, as well as certificates of deposit.

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