De Lisle Partners LLP Takes $1.27 Million Position in Virginia National Bankshares Corporation $VABK

De Lisle Partners LLP acquired a new stake in shares of Virginia National Bankshares Corporation (NASDAQ:VABK) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 28,769 shares of the company’s stock, valued at approximately $1,272,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in shares of Virginia National Bankshares by 104.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 944 shares of the company’s stock valued at $37,000 after buying an additional 482 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Virginia National Bankshares by 465.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,573 shares of the company’s stock worth $58,000 after acquiring an additional 1,295 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Virginia National Bankshares by 19.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,816 shares of the company’s stock valued at $187,000 after acquiring an additional 787 shares in the last quarter. M3F Inc. acquired a new stake in shares of Virginia National Bankshares during the 1st quarter valued at about $220,000. Finally, Jane Street Group LLC bought a new stake in Virginia National Bankshares in the first quarter valued at about $227,000. Institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Stock Up 0.4%

Shares of NASDAQ:VABK opened at $46.68 on Friday. Virginia National Bankshares Corporation has a 52 week low of $37.31 and a 52 week high of $50.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.93 and a current ratio of 0.93. The company’s fifty day moving average is $45.59 and its 200-day moving average is $42.57. The company has a market capitalization of $253.47 million, a PE ratio of 10.24 and a beta of 0.45.

Virginia National Bankshares (NASDAQ:VABK) last announced its earnings results on Thursday, July 23rd. The company reported $1.65 earnings per share (EPS) for the quarter. The business had revenue of $19.78 million during the quarter. Virginia National Bankshares had a net margin of 28.18% and a return on equity of 13.36%.

Virginia National Bankshares Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on VABK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Virginia National Bankshares in a research report on Friday, July 24th. Wall Street Zen raised Virginia National Bankshares from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Virginia National Bankshares presently has a consensus rating of “Hold”.

About Virginia National Bankshares

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.