Arcus Capital Partners LLC Boosts Stock Holdings in Blue Ridge Bankshares, Inc. $BRBS

Arcus Capital Partners LLC raised its holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 39.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,977 shares of the company’s stock after purchasing an additional 5,609 shares during the period. Arcus Capital Partners LLC’s holdings in Blue Ridge Bankshares were worth $72,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of BRBS. Cannon Wealth Management Services LLC purchased a new position in shares of Blue Ridge Bankshares in the first quarter worth about $35,000. Y Intercept Hong Kong Ltd bought a new position in shares of Blue Ridge Bankshares in the first quarter valued at approximately $57,000. TCV Trust & Wealth Management Inc. bought a new position in shares of Blue Ridge Bankshares in the second quarter valued at approximately $98,000. American Century Companies Inc. boosted its position in shares of Blue Ridge Bankshares by 57.8% in the first quarter. American Century Companies Inc. now owns 57,615 shares of the company’s stock valued at $188,000 after acquiring an additional 21,104 shares during the period. Finally, Blue Edge Capital LLC boosted its position in shares of Blue Ridge Bankshares by 30.0% in the first quarter. Blue Edge Capital LLC now owns 130,000 shares of the company’s stock valued at $424,000 after acquiring an additional 30,000 shares during the period. Hedge funds and other institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Price Performance

BRBS stock opened at $4.30 on Friday. The firm has a 50 day moving average of $4.08 and a 200-day moving average of $3.67. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. Blue Ridge Bankshares, Inc. has a 12 month low of $2.73 and a 12 month high of $4.41. The firm has a market capitalization of $396.14 million, a P/E ratio of -6.72 and a beta of 0.84.

Blue Ridge Bankshares Company Profile

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.