Fvcbankcorp (NASDAQ:FVCB) Trading Down 1% – What’s Next?

Fvcbankcorp, Inc. (NASDAQ:FVCB) shares were down 1% during trading on Tuesday . The company traded as low as $15.79 and last traded at $15.79. Approximately 35,784 shares traded hands during mid-day trading, a decline of 10% from the average daily volume of 39,568 shares. The stock had previously closed at $15.95.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fvcbankcorp in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $16.00.

Fvcbankcorp Stock Down 1.0%

The stock has a fifty day moving average of $14.25 and a 200-day moving average of $13.31. The firm has a market capitalization of $285.48 million, a price-to-earnings ratio of 13.05 and a beta of 0.39. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.08.

Fvcbankcorp (NASDAQ:FVCB) last released its quarterly earnings results on Tuesday, January 20th. The company reported $0.31 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.31. The business had revenue of $17.56 million during the quarter, compared to analyst estimates of $16.45 million. Fvcbankcorp had a return on equity of 8.92% and a net margin of 18.08%. As a group, sell-side analysts expect that Fvcbankcorp, Inc. will post 1.06 EPS for the current year.

Fvcbankcorp Dividend Announcement

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

Hedge Funds Weigh In On Fvcbankcorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC raised its stake in Fvcbankcorp by 8.4% during the 1st quarter. Empowered Funds LLC now owns 61,754 shares of the company’s stock valued at $653,000 after purchasing an additional 4,793 shares during the period. Jane Street Group LLC purchased a new position in shares of Fvcbankcorp during the first quarter valued at $154,000. Chevy Chase Trust Holdings LLC raised its position in Fvcbankcorp by 6.3% during the second quarter. Chevy Chase Trust Holdings LLC now owns 20,937 shares of the company’s stock valued at $247,000 after buying an additional 1,250 shares during the period. Rhumbline Advisers raised its position in Fvcbankcorp by 5.9% during the second quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock valued at $298,000 after buying an additional 1,418 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Fvcbankcorp in the 2nd quarter worth about $293,000. Institutional investors and hedge funds own 43.61% of the company’s stock.

Fvcbankcorp Company 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.