Westbourne Investments Inc. Boosts Stake in Fvcbankcorp, Inc. $FVCB

Westbourne Investments Inc. lifted its position in Fvcbankcorp, Inc. (NASDAQ:FVCB) by 205.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 211,510 shares of the company’s stock after acquiring an additional 142,267 shares during the period. Fvcbankcorp accounts for about 1.3% of Westbourne Investments Inc.’s investment portfolio, making the stock its 27th largest holding. Westbourne Investments Inc. owned about 1.17% of Fvcbankcorp worth $2,585,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FVCB. Empowered Funds LLC grew its stake in Fvcbankcorp by 8.4% in the first quarter. Empowered Funds LLC now owns 61,754 shares of the company’s stock worth $653,000 after purchasing an additional 4,793 shares during the period. Jane Street Group LLC bought a new stake in shares of Fvcbankcorp during the 1st quarter valued at $154,000. Chevy Chase Trust Holdings LLC grew its position in shares of Fvcbankcorp by 6.3% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 20,937 shares of the company’s stock worth $247,000 after buying an additional 1,250 shares during the period. Rhumbline Advisers increased its stake in shares of Fvcbankcorp by 5.9% in the 2nd quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock worth $298,000 after acquiring an additional 1,418 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Fvcbankcorp during the 2nd quarter valued at about $293,000. 43.61% of the stock is currently owned by institutional investors.

Fvcbankcorp Price Performance

FVCB opened at $15.79 on Wednesday. The firm has a market cap of $285.48 million, a PE ratio of 13.05 and a beta of 0.39. The stock has a 50-day moving average price of $14.25 and a 200-day moving average price of $13.31. Fvcbankcorp, Inc. has a 1 year low of $9.49 and a 1 year high of $16.34. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.02 and a quick ratio of 1.02.

Fvcbankcorp (NASDAQ:FVCB) last announced its quarterly earnings data on Tuesday, January 20th. The company reported $0.31 EPS for the quarter, meeting the consensus estimate of $0.31. The company had revenue of $17.56 million for the quarter, compared to the consensus estimate of $16.45 million. Fvcbankcorp had a net margin of 18.08% and a return on equity of 8.92%. Sell-side analysts predict that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current fiscal year.

Fvcbankcorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, January 26th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, January 26th. This represents a $0.24 annualized dividend and a dividend yield of 1.5%. Fvcbankcorp’s dividend payout ratio (DPR) is 19.83%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Fvcbankcorp in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $16.00.

Fvcbankcorp Profile

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.