Fvcbankcorp (NASDAQ:FVCB) Stock Price Down 0.2% – Should You Sell?

Fvcbankcorp, Inc. (NASDAQ:FVCB) shares were down 0.2% during mid-day trading on Monday . The stock traded as low as $12.65 and last traded at $12.68. Approximately 26,982 shares changed hands during trading, an increase of 8% from the average daily volume of 24,941 shares. The stock had previously closed at $12.71.

Analyst Ratings Changes

A number of research analysts recently commented on FVCB shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fvcbankcorp in a research note on Wednesday, October 8th. Zacks Research lowered shares of Fvcbankcorp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $16.00.

Fvcbankcorp Stock Down 0.2%

The firm’s fifty day moving average is $12.52 and its 200-day moving average is $12.57. The company has a market capitalization of $229.25 million, a P/E ratio of 10.93 and a beta of 0.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.01 and a current ratio of 1.01.

Fvcbankcorp (NASDAQ:FVCB) last issued its earnings results on Thursday, June 2nd. The company reported $0.48 earnings per share for the quarter. The firm had revenue of $14.83 million for the quarter. Fvcbankcorp had a net margin of 17.72% and a return on equity of 8.85%. As a group, equities research analysts predict that Fvcbankcorp, Inc. will post 1.06 EPS for the current year.

Fvcbankcorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, October 27th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, October 27th. This represents a $0.24 annualized dividend and a dividend yield of 1.9%. Fvcbankcorp’s dividend payout ratio (DPR) is 20.69%.

Institutional Trading of Fvcbankcorp

A number of hedge funds have recently made changes to their positions in the company. Chevy Chase Trust Holdings LLC raised its holdings in Fvcbankcorp by 6.3% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 20,937 shares of the company’s stock valued at $247,000 after buying an additional 1,250 shares during the last quarter. Rhumbline Advisers increased its position in Fvcbankcorp by 5.9% in the 2nd quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock valued at $298,000 after acquiring an additional 1,418 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Fvcbankcorp by 115.6% during the third 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 last quarter. CWM LLC lifted its holdings in shares of Fvcbankcorp by 498.9% during the third quarter. CWM LLC now owns 2,186 shares of the company’s stock worth $28,000 after purchasing an additional 1,821 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Fvcbankcorp by 18.2% during the third quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock worth $193,000 after purchasing an additional 2,299 shares during the period. 43.61% of the stock is owned by institutional investors and hedge funds.

About Fvcbankcorp

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.