Savant Capital LLC Sells 147,258 Shares of Fvcbankcorp, Inc. $FVCB

Savant Capital LLC trimmed its position in Fvcbankcorp, Inc. (NASDAQ:FVCB) by 92.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,752 shares of the company’s stock after selling 147,258 shares during the period. Savant Capital LLC owned approximately 0.07% of Fvcbankcorp worth $163,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. raised its position in shares of Fvcbankcorp by 115.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after acquiring an additional 1,589 shares during the period. BNP Paribas Financial Markets raised its position in shares of Fvcbankcorp by 138.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock valued at $55,000 after acquiring an additional 2,468 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of Fvcbankcorp in the 2nd quarter valued at approximately $71,000. Jane Street Group LLC acquired a new stake in shares of Fvcbankcorp in the 1st quarter valued at approximately $154,000. Finally, JPMorgan Chase & Co. raised its position in shares of Fvcbankcorp by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock valued at $193,000 after acquiring an additional 2,299 shares during the period. 43.61% of the stock is currently owned by institutional investors and hedge funds.

Fvcbankcorp Stock Performance

Shares of FVCB stock opened at $16.30 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $293.40 million, a P/E ratio of 12.73 and a beta of 0.36. The company’s 50 day moving average price is $15.59 and its two-hundred day moving average price is $14.83. Fvcbankcorp, Inc. has a 52 week low of $11.13 and a 52 week high of $18.41.

Fvcbankcorp (NASDAQ:FVCB) last announced its earnings results on Tuesday, April 21st. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. The firm had revenue of $18.29 million for the quarter, compared to the consensus estimate of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.22%. On average, analysts expect that Fvcbankcorp, Inc. will post 1.47 earnings per share for the current fiscal year.

Fvcbankcorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 18th. Shareholders of record on Monday, April 27th were issued a dividend of $0.07 per share. This is an increase from Fvcbankcorp’s previous quarterly dividend of $0.06. The ex-dividend date was Monday, April 27th. This represents a $0.28 annualized dividend and a yield of 1.7%. Fvcbankcorp’s dividend payout ratio is 21.88%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Piper Sandler reiterated an “overweight” rating and issued a $19.00 price target (up from $18.00) on shares of Fvcbankcorp in a research report on Monday, May 4th. Weiss Ratings upgraded shares of Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $19.00.

Insider Buying and Selling

In other Fvcbankcorp news, Director Phillip R. Wills III sold 11,462 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $14.81, for a total transaction of $169,752.22. Following the sale, the director directly owned 53,694 shares in the company, valued at approximately $795,208.14. This trade represents a 17.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 11.16% 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.