Virginia National Bankshares Co. (NASDAQ:VABK) Director Linda M. Houston Purchases 1,000 Shares

Virginia National Bankshares Co. (NASDAQ:VABK) Director Linda M. Houston acquired 1,000 shares of the stock in a transaction on Thursday, April 25th. The stock was bought at an average price of $24.99 per share, with a total value of $24,990.00. Following the transaction, the director now directly owns 11,779 shares of the company’s stock, valued at approximately $294,357.21. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Virginia National Bankshares Price Performance

Shares of Virginia National Bankshares stock opened at $27.50 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market cap of $148.23 million, a PE ratio of 8.65 and a beta of 0.37. The business has a 50 day moving average of $28.48 and a 200 day moving average of $31.86. Virginia National Bankshares Co. has a 52 week low of $24.06 and a 52 week high of $43.08.

Virginia National Bankshares (NASDAQ:VABK) last announced its earnings results on Friday, January 26th. The company reported $0.59 EPS for the quarter. The company had revenue of $12.89 million during the quarter. Virginia National Bankshares had a return on equity of 11.91% and a net margin of 21.09%.

Virginia National Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.80%. Virginia National Bankshares’s dividend payout ratio is presently 41.51%.

Hedge Funds Weigh In On Virginia National Bankshares

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wetzel Investment Advisors Inc. bought a new position in shares of Virginia National Bankshares during the fourth quarter valued at approximately $133,000. Allspring Global Investments Holdings LLC bought a new position in shares of Virginia National Bankshares during the third quarter valued at approximately $55,000. Barclays PLC purchased a new stake in Virginia National Bankshares in the second quarter worth $30,000. Atlantic Union Bankshares Corp grew its stake in Virginia National Bankshares by 5.9% in the first quarter. Atlantic Union Bankshares Corp now owns 14,902 shares of the company’s stock worth $449,000 after purchasing an additional 833 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in Virginia National Bankshares by 104.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,419 shares of the company’s stock worth $49,000 after purchasing an additional 724 shares during the period. Institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Company Profile

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.