Endeavour Capital Advisors Inc. Has $18.14 Million Position in Fvcbankcorp, Inc. $FVCB

Endeavour Capital Advisors Inc. cut its stake in Fvcbankcorp, Inc. (NASDAQ:FVCB) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,303,854 shares of the company’s stock after selling 42,629 shares during the quarter. Fvcbankcorp accounts for 5.0% of Endeavour Capital Advisors Inc.’s holdings, making the stock its 7th biggest position. Endeavour Capital Advisors Inc. owned 7.21% of Fvcbankcorp worth $18,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Russell Investments Group Ltd. raised its position 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 worth $38,000 after purchasing an additional 1,589 shares during the period. BNP Paribas Financial Markets increased its holdings in Fvcbankcorp by 138.2% during the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock worth $55,000 after buying an additional 2,468 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of Fvcbankcorp in the 2nd quarter valued at about $71,000. Jane Street Group LLC bought a new stake in Fvcbankcorp in the first quarter valued at approximately $154,000. Finally, JPMorgan Chase & Co. raised its stake in 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. Institutional investors own 43.61% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on FVCB. Weiss Ratings raised shares of Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 10th. Piper Sandler reaffirmed an “overweight” rating and issued a $19.00 price target (up from $18.00) on shares of Fvcbankcorp in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Fvcbankcorp has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Fvcbankcorp Stock Performance

Shares of NASDAQ FVCB opened at $15.71 on Tuesday. The firm has a 50 day moving average price of $15.37 and a two-hundred day moving average price of $14.58. The stock has a market cap of $282.78 million, a P/E ratio of 12.27 and a beta of 0.36. Fvcbankcorp, Inc. has a 52-week low of $11.13 and a 52-week high of $18.41. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.02 and a current ratio of 1.02.

Fvcbankcorp (NASDAQ:FVCB) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. The company had revenue of $18.29 million for the quarter, compared to analysts’ expectations of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.33%. As a group, equities analysts forecast that Fvcbankcorp, Inc. will post 1.47 EPS for the current year.

Fvcbankcorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 18th. Stockholders of record on Monday, April 27th were paid a $0.07 dividend. The ex-dividend date of this dividend was Monday, April 27th. This is a positive change from Fvcbankcorp’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 1.8%. Fvcbankcorp’s payout ratio is currently 21.88%.

Insider Activity

In other news, Director Phillip R. Wills III sold 11,462 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $14.81, for a total transaction of $169,752.22. Following the completion of the transaction, the director directly owned 53,694 shares in the company, valued at $795,208.14. This trade represents a 17.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 18,762 shares of company stock worth $283,006 in the last ninety days. 11.16% of the stock is owned by company insiders.

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.