Savant Capital LLC Has $163,000 Holdings in Fvcbankcorp, Inc. $FVCB

Savant Capital LLC cut its holdings in Fvcbankcorp, Inc. (NASDAQ:FVCB) by 92.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,752 shares of the company’s stock after selling 147,258 shares during the period. Savant Capital LLC’s holdings in Fvcbankcorp were worth $163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FVCB. Ategra Capital Management LLC raised its holdings in shares of Fvcbankcorp by 211.3% in the third quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock valued at $4,781,000 after purchasing an additional 250,232 shares during the last quarter. Westbourne Investments Inc. raised its holdings in shares of Fvcbankcorp by 205.5% in the third quarter. Westbourne Investments Inc. now owns 211,510 shares of the company’s stock valued at $2,585,000 after purchasing an additional 142,267 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Fvcbankcorp in the third quarter valued at approximately $678,000. Millennium Management LLC raised its holdings in shares of Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock valued at $941,000 after purchasing an additional 25,075 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Fvcbankcorp in the second quarter valued at approximately $293,000. 43.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fvcbankcorp

In related news, Director Phillip R. Wills III sold 11,462 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $14.81, for a total value of $169,752.22. Following the completion of the transaction, the director directly owned 53,694 shares of the company’s stock, valued at approximately $795,208.14. This trade represents a 17.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 11.16% of the company’s stock.

Fvcbankcorp Price Performance

NASDAQ:FVCB opened at $16.30 on Tuesday. Fvcbankcorp, Inc. has a 1-year low of $11.13 and a 1-year high of $18.41. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $15.59 and a 200 day simple moving average of $14.83. The stock has a market capitalization of $293.40 million, a PE ratio of 12.73 and a beta of 0.36.

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

Fvcbankcorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 18th. Investors of record on Monday, April 27th were paid a $0.07 dividend. This is a boost from Fvcbankcorp’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, April 27th. Fvcbankcorp’s dividend payout ratio (DPR) is 21.88%.

Analyst Upgrades and Downgrades

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

About Fvcbankcorp

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.