Virginia National Bankshares (NASDAQ:VABK) Shares Down 0.2% – Time to Sell?

Virginia National Bankshares Corporation (NASDAQ:VABK)’s stock price were down 0.2% during trading on Friday . The company traded as low as $46.79 and last traded at $46.79. 2,423 shares traded hands during trading, a decline of 68% from the average session volume of 7,592 shares. The stock had previously closed at $46.87.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Virginia National Bankshares in a research note on Friday, July 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Virginia National Bankshares Stock Down 0.2%

The company has a debt-to-equity ratio of 0.11, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $253.60 million, a PE ratio of 10.26 and a beta of 0.45. The business has a 50-day moving average of $45.33 and a 200 day moving average of $42.36.

Virginia National Bankshares (NASDAQ:VABK) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.65 EPS for the quarter. The company had revenue of $19.78 million during the quarter. Virginia National Bankshares had a return on equity of 13.58% and a net margin of 28.18%.

Virginia National Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, August 14th. Virginia National Bankshares’s dividend payout ratio is currently 31.58%.

Institutional Investors Weigh In On Virginia National Bankshares

Several large investors have recently bought and sold shares of VABK. De Lisle Partners LLP purchased a new stake in Virginia National Bankshares during the second quarter valued at $1,272,000. Bank of New York Mellon Corp bought a new position in Virginia National Bankshares during the second quarter valued at $699,000. Empowered Funds LLC grew its stake in shares of Virginia National Bankshares by 4.7% in the 1st quarter. Empowered Funds LLC now owns 6,780 shares of the company’s stock worth $259,000 after buying an additional 304 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Virginia National Bankshares by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 51,463 shares of the company’s stock worth $1,967,000 after buying an additional 1,402 shares in the last quarter. Finally, M3F Inc. bought a new stake in shares of Virginia National Bankshares in the 1st quarter worth about $220,000. Institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Company Profile

Virginia National Bankshares, Inc is a bank holding company headquartered in Virginia. Through its wholly owned subsidiary, Virginia National Bank, the company offers a full suite of commercial and consumer banking services across its regional footprint.

Its product lineup includes traditional deposit accounts such as checking, savings, money market and certificate of deposit offerings. On the lending side, Virginia National Bank provides commercial loans, business lines of credit, residential and commercial real estate mortgages, construction financing and consumer installment loans.