Fauquier Bankshares (NASDAQ:FBSS) Upgraded to Hold at ValuEngine

ValuEngine upgraded shares of Fauquier Bankshares (NASDAQ:FBSS) from a sell rating to a hold rating in a report published on Monday morning, ValuEngine reports.

Shares of FBSS stock traded down $0.09 during trading on Monday, hitting $20.93. 774 shares of the stock traded hands, compared to its average volume of 2,975. Fauquier Bankshares has a 52-week low of $18.59 and a 52-week high of $22.16. The firm has a market capitalization of $80.05 million, a P/E ratio of 11.69 and a beta of 0.46. The firm’s fifty day moving average price is $21.26 and its 200-day moving average price is $20.52. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.98 and a quick ratio of 0.98.

Fauquier Bankshares (NASDAQ:FBSS) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $0.41 earnings per share (EPS) for the quarter. Fauquier Bankshares had a return on equity of 10.64% and a net margin of 19.41%. The company had revenue of $7.73 million during the quarter.

A hedge fund recently raised its stake in Fauquier Bankshares stock. Eidelman Virant Capital boosted its stake in Fauquier Bankshares, Inc. (NASDAQ:FBSS) by 4.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 71,500 shares of the financial services provider’s stock after buying an additional 2,900 shares during the period. Eidelman Virant Capital owned approximately 1.89% of Fauquier Bankshares worth $1,519,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 24.35% of the company’s stock.

Fauquier Bankshares Company Profile

Fauquier Bankshares, Inc operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses. The company accepts various deposits, including interest and noninterest-bearing checking, money market, and savings accounts; and time deposits. Its loan portfolio includes commercial and industrial loans, commercial real estate loans, construction and land loans, consumer and student loans, residential real estate loans, and home equity lines of credit.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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