43,118 Shares in Fvcbankcorp, Inc. $FVCB Purchased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. purchased a new stake in Fvcbankcorp, Inc. (NASDAQ:FVCB) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 43,118 shares of the company’s stock, valued at approximately $808,000.

Several other large investors have also recently bought and sold shares of FVCB. Bank of America Corp DE lifted its position in Fvcbankcorp by 13.3% during the first quarter. Bank of America Corp DE now owns 14,631 shares of the company’s stock worth $222,000 after acquiring an additional 1,716 shares during the last quarter. Empowered Funds LLC grew its position in shares of Fvcbankcorp by 10.0% in the first quarter. Empowered Funds LLC now owns 93,150 shares of the company’s stock valued at $1,415,000 after purchasing an additional 8,443 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Fvcbankcorp by 37.4% in the first quarter. Renaissance Technologies LLC now owns 116,475 shares of the company’s stock valued at $1,769,000 after purchasing an additional 31,700 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Fvcbankcorp by 6.5% during the first quarter. Dimensional Fund Advisors LP now owns 302,167 shares of the company’s stock worth $4,590,000 after purchasing an additional 18,550 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Fvcbankcorp by 2.4% during the first quarter. Bank of New York Mellon Corp now owns 35,589 shares of the company’s stock worth $541,000 after purchasing an additional 831 shares during the period. 43.61% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on FVCB. Weiss Ratings reissued a “buy (b)” rating on shares of Fvcbankcorp in a report on Friday, June 26th. Piper Sandler upped their price objective on Fvcbankcorp from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Fvcbankcorp presently has a consensus rating of “Moderate Buy” and an average price target of $21.00.

Fvcbankcorp Stock Performance

NASDAQ FVCB opened at $18.78 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $338.60 million, a P/E ratio of 13.23 and a beta of 0.33. Fvcbankcorp, Inc. has a 12-month low of $11.83 and a 12-month high of $19.11. The firm has a 50-day moving average price of $17.68 and a two-hundred day moving average price of $16.23.

Fvcbankcorp (NASDAQ:FVCB) last announced its earnings results on Tuesday, July 21st. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. Fvcbankcorp had a net margin of 20.45% and a return on equity of 9.91%. The company had revenue of $21.30 million for the quarter, compared to analysts’ expectations of $19.32 million. Analysts anticipate that Fvcbankcorp, Inc. will post 1.5 earnings per share for the current year.

Fvcbankcorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, July 27th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, July 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.5%. Fvcbankcorp’s dividend payout ratio is currently 19.72%.

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.