Fiduciary Trust Co Takes Position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Fiduciary Trust Co acquired a new position in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,444 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Ground Swell Capital LLC bought a new position in Blue Ridge Bankshares during the 2nd quarter worth about $36,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of Blue Ridge Bankshares during the second quarter worth about $52,000. GSA Capital Partners LLP acquired a new stake in Blue Ridge Bankshares in the 3rd quarter valued at approximately $68,000. AQR Capital Management LLC bought a new stake in Blue Ridge Bankshares in the 2nd quarter valued at approximately $72,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Blue Ridge Bankshares during the 2nd quarter worth approximately $73,000. 50.48% of the stock is owned by institutional investors.

Blue Ridge Bankshares Price Performance

NASDAQ BRBS opened at $3.53 on Monday. The firm’s 50 day moving average is $3.04 and its 200-day moving average is $2.89. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $259.51 million, a PE ratio of -3.88 and a beta of 0.67. Blue Ridge Bankshares, Inc. has a 12-month low of $2.30 and a 12-month high of $3.99.

Blue Ridge Bankshares (NASDAQ:BRBS) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.01 earnings per share (EPS) for the quarter. Blue Ridge Bankshares had a negative net margin of 10.60% and a negative return on equity of 7.44%. The firm had revenue of $21.84 million for the quarter.

About Blue Ridge Bankshares

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.