Siena Capital Partners GP LLC Sells 35,406 Shares of Oak Valley Bancorp (CA) $OVLY

Siena Capital Partners GP LLC lessened its stake in Oak Valley Bancorp (CA) (NASDAQ:OVLY) by 9.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 323,187 shares of the financial services provider’s stock after selling 35,406 shares during the period. Oak Valley Bancorp accounts for about 2.6% of Siena Capital Partners GP LLC’s holdings, making the stock its 4th biggest position. Siena Capital Partners GP LLC owned approximately 3.85% of Oak Valley Bancorp worth $9,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in OVLY. Goldman Sachs Group Inc. increased its position in Oak Valley Bancorp by 19.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 42,897 shares of the financial services provider’s stock worth $1,289,000 after purchasing an additional 6,985 shares during the period. Legato Capital Management LLC acquired a new position in Oak Valley Bancorp during the 4th quarter worth approximately $207,000. JPMorgan Chase & Co. increased its position in Oak Valley Bancorp by 23.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,997 shares of the financial services provider’s stock worth $169,000 after purchasing an additional 1,145 shares during the period. Millennium Management LLC increased its position in Oak Valley Bancorp by 36.4% during the 3rd quarter. Millennium Management LLC now owns 16,887 shares of the financial services provider’s stock worth $476,000 after purchasing an additional 4,503 shares during the period. Finally, Citadel Advisors LLC increased its position in Oak Valley Bancorp by 4.1% during the 3rd quarter. Citadel Advisors LLC now owns 28,596 shares of the financial services provider’s stock worth $806,000 after purchasing an additional 1,136 shares during the period. Institutional investors and hedge funds own 30.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Oak Valley Bancorp in a research report on Friday, April 10th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Oak Valley Bancorp presently has an average rating of “Buy”.

Oak Valley Bancorp Stock Performance

NASDAQ OVLY opened at $34.21 on Monday. The business’s 50 day moving average is $33.47 and its two-hundred day moving average is $31.89. Oak Valley Bancorp has a 12-month low of $25.25 and a 12-month high of $35.47. The stock has a market capitalization of $287.71 million, a price-to-earnings ratio of 11.88 and a beta of 0.21.

Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Tuesday, May 12th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter. The company had revenue of $20.78 million for the quarter. Oak Valley Bancorp had a return on equity of 11.99% and a net margin of 24.80%.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.